Badger Meter (NYSE:BMI) CEO Kenneth Bockhorst Purchases 2,200 Shares

Key Points

• CEO Kenneth Bockhorst bought 2,200 shares on April 21 at an average price of $117.53 (~$258,566), increasing his stake to 51,676 shares (a 4.45% rise) valued at roughly $6.07 million.
• Q1 results showed revenue down about 9% and an EPS miss blamed on project timing, which led several analysts to cut price targets and an investor‑law‑firm investigation—raising near‑term downside risk despite a consensus "Hold" rating.
• Shares traded up to $120.41 on high volume; the company pays a $0.40 quarterly dividend (1.3% yield) and the stock sits in a 52‑week range of $112.09–$256.08.

Badger Meter, Inc. (NYSE:BMI - Get Free Report) CEO Kenneth Bockhorst acquired 2,200 shares of Badger Meter stock in a transaction that occurred on Tuesday, April 21st. The shares were purchased at an average cost of $117.53 per share, with a total value of $258,566.00. Following the transaction, the chief executive officer owned 51,676 shares of the company's stock, valued at approximately $6,073,480.28. The trade was a 4.45% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Tuesday, February 10th, Kenneth Bockhorst acquired 3,300 shares of Badger Meter stock. The shares were purchased at an average cost of $152.42 per share, with a total value of $502,986.00.

Badger Meter Price Performance

BMI traded up $7.00 during trading on Tuesday, reaching $120.41. 1,729,235 shares of the stock traded hands, compared to its average volume of 493,008. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 27.18, a price-to-earnings-growth ratio of 1.87 and a beta of 0.90. Badger Meter, Inc. has a fifty-two week low of $112.09 and a fifty-two week high of $256.08. The stock's 50-day simple moving average is $151.67 and its two-hundred day simple moving average is $166.96.

Badger Meter (NYSE:BMI - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 earnings per share (EPS) for the quarter. The firm had revenue of $220.71 million during the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%. Research analysts anticipate that Badger Meter, Inc. will post 4.98 earnings per share for the current fiscal year.

Badger Meter Dividend Announcement

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

Badger Meter News Roundup

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

• Positive Sentiment: Management pointed to project timing (not demand) as the cause of the Q1 shortfall and highlighted a healthy backlog and growth pipeline, plus the UDlive acquisition that supports longer‑term digital metering growth. Badger Meter's Q1 Earnings & Revenues Miss Estimates, Stock Dips
• Neutral Sentiment: Badger released its Q1 earnings presentation and transcript materials for investors to review the details behind the quarter and management commentary. Investors are using these to re‑assess near‑term guidance and timing of projects. Badger Meter, Inc. 2026 Q1 - Results - Earnings Call Presentation
• Neutral Sentiment: News roundups summarized the quarter: adjusted EPS ~ $0.93 and revenue ~$202.3M (sales down ~9% year‑over‑year). These summaries help explain the immediate market reaction but do not add new guidance. What's Going on With Badger Meter On Monday?
• Negative Sentiment: Q1 results showed revenue down ~9% and an EPS miss driven by project timing, prompting analysts to cut forecasts and lower price targets — several firms trimmed targets while keeping buy/outperform ratings. That increases near‑term downside risk and compressed short‑term expectations. Badger Meter Analysts Slash Their Forecasts After Q1 Earnings
• Negative Sentiment: Notable price‑target cuts announced this morning: Royal Bank of Canada (197 → 169), Stifel (174 → 140), Robert W. Baird (173 → 145). While ratings remained buy/outperform in many cases, the lower targets signal reduced near‑term earnings/valuation assumptions. Benzinga price target reports
• Negative Sentiment: An investor law firm announced an investigation into potential claims against Badger Meter’s executives, introducing legal and reputational risk that could weigh on the stock until clarified. Badger Meter, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BMI shares. Zacks Research upgraded Badger Meter from a "strong sell" rating to a "hold" rating in a report on Friday, April 3rd. Stifel Nicolaus cut their target price on Badger Meter from $174.00 to $140.00 and set a "buy" rating on the stock in a report on Monday. JPMorgan Chase & Co. cut their target price on Badger Meter from $190.00 to $160.00 and set an "overweight" rating on the stock in a report on Friday. Jefferies Financial Group cut their target price on Badger Meter from $220.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday, January 29th. Finally, Barclays set a $110.00 target price on Badger Meter and gave the company an "underweight" rating in a report on Monday. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Badger Meter presently has a consensus rating of "Hold" and a consensus price target of $166.38.

Hedge Funds Weigh In On Badger Meter

A number of institutional investors have recently made changes to their positions in the business. Global X Japan Co. Ltd. increased its stake in shares of Badger Meter by 27.3% in the third quarter. Global X Japan Co. Ltd. now owns 266 shares of the scientific and technical instruments company's stock worth $48,000 after purchasing an additional 57 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of Badger Meter by 76.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the scientific and technical instruments company's stock worth $26,000 after purchasing an additional 65 shares during the period. Signaturefd LLC increased its stake in shares of Badger Meter by 15.5% in the fourth quarter. Signaturefd LLC now owns 521 shares of the scientific and technical instruments company's stock worth $91,000 after purchasing an additional 70 shares during the period. Brown Brothers Harriman & Co. increased its stake in shares of Badger Meter by 62.3% in the third quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company's stock worth $33,000 after purchasing an additional 71 shares during the period. Finally, Cardinal Capital Management increased its stake in shares of Badger Meter by 0.4% in the fourth quarter. Cardinal Capital Management now owns 20,165 shares of the scientific and technical instruments company's stock worth $3,517,000 after purchasing an additional 75 shares during the period. 89.01% of the stock is currently owned by 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.

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