Kenneth Bockhorst Buys 2,200 Shares of Badger Meter (NYSE:BMI) Stock

Badger Meter, Inc. (NYSE:BMI) CEO Kenneth Bockhorst purchased 2,200 shares of the firm’s stock in a transaction on Tuesday, April 21st. The stock was acquired at an average price of $117.53 per share, for a total transaction of $258,566.00. Following the completion of the transaction, the chief executive officer directly owned 51,676 shares of the company’s stock, valued at approximately $6,073,480.28. This trade represents a 4.45% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Kenneth Bockhorst also recently made the following trade(s):

• On Tuesday, February 10th, Kenneth Bockhorst purchased 3,300 shares of Badger Meter stock. The stock was acquired at an average price of $152.42 per share, for a total transaction of $502,986.00.

Badger Meter Trading Up 1.7%

BMI opened at $122.97 on Thursday. Badger Meter, Inc. has a 1-year low of $112.09 and a 1-year high of $256.08. The company has a market capitalization of $3.59 billion, a PE ratio of 27.76, a PEG ratio of 2.10 and a beta of 0.90. The firm’s 50 day simple moving average is $150.33 and its two-hundred day simple moving average is $166.23.

Badger Meter (NYSE:BMI) last released its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 earnings per share for the quarter. Badger Meter had a net margin of 14.56% and a return on equity of 18.76%. The business had revenue of $220.71 million for the quarter. Equities analysts forecast that Badger Meter, Inc. will post 4.66 earnings per share for the current fiscal year.

Badger Meter Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a $0.40 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.60 annualized dividend and a yield of 1.3%. Badger Meter’s dividend payout ratio (DPR) is presently 36.12%.

Trending Headlines about Badger Meter

Here are the key news stories impacting Badger Meter this week:

• Positive Sentiment: Significant insider purchases: CEO Kenneth Bockhorst bought 2,200 shares (~$117.53 avg) and several VPs (Richard Htwe, Christina Tarantino, Edward Callahan) also added stock, signaling management confidence and providing a near‑term positive catalyst. Read More. Read More. Read More. Read More.
• Neutral Sentiment: Company commentary and presentation attribute the Q1 shortfall mainly to project timing and one‑quarter execution factors — useful context that moderates but does not erase near‑term concerns. Read More.
• Negative Sentiment: Q1 results missed expectations and several analysts have revised models lower — the earnings miss is a primary near‑term negative catalyst as lowered estimates can pressure the stock. Read More.
• Negative Sentiment: Multiple broker notes trimmed price targets or ratings (Barclays reiterated a sell/underweight with a $110 target; RBC, Stifel, Robert W. Baird cut forecasts), increasing downside risk from weaker analyst sentiment. Read More. Read More. Read More. Read More.
• Negative Sentiment: Investor‑loss litigation alerts (Pomerantz and others) introduce headline and legal risk that could weigh on sentiment until resolved. Read More.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Badger Meter in a research report on Wednesday, January 21st. Robert W. Baird decreased their price objective on shares of Badger Meter from $173.00 to $145.00 and set an “outperform” rating on the stock in a research report on Monday. Royal Bank Of Canada decreased their price objective on shares of Badger Meter from $197.00 to $169.00 and set an “outperform” rating on the stock in a research report on Monday. Jefferies Financial Group decreased their price objective on shares of Badger Meter from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Finally, Barclays set a $110.00 price objective on shares of Badger Meter and gave the company an “underweight” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Badger Meter currently has an average rating of “Hold” and a consensus price target of $166.38.

Hedge Funds Weigh In On Badger Meter

Several institutional investors have recently bought and sold shares of BMI. N.E.W. Advisory Services LLC bought a new stake in Badger Meter in the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its holdings in Badger Meter by 76.5% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 65 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in Badger Meter in the 4th quarter valued at $27,000. Caitlin John LLC bought a new stake in Badger Meter in the 3rd quarter valued at $31,000. Finally, Brown Brothers Harriman & Co. increased its holdings in Badger Meter by 62.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock valued at $33,000 after acquiring an additional 71 shares during the last quarter. 89.01% of the stock is owned by hedge funds and other institutional investors.

Badger Meter Company Profile

Badger Meter, founded in 1905 and headquartered in Milwaukee, Wisconsin, is a global leader in flow measurement and control solutions. The company’s core business centers on the design, manufacture and sale of water meters, control valves and related accessories for municipal and industrial water utilities. Over its more than a century of operation, Badger Meter has built a reputation for precision engineering, durability and compliance with international regulatory standards.

The company’s product portfolio includes mechanical and ultrasonic water meters, electromagnetic flow meters for industrial applications, and a range of control valves that help utilities manage pressure and flow in distribution networks.