Pictet Asset Management Holding SA Cuts Stock Holdings in Badger Meter, Inc. $BMI

Pictet Asset Management Holding SA cut its position in shares of Badger Meter, Inc. (NYSE:BMI) by 47.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 394,344 shares of the scientific and technical instruments company’s stock after selling 360,058 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Badger Meter were worth $60,071,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in Badger Meter during the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd grew its stake 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 purchasing an additional 65 shares during the period. Godfrey Financial Associates Inc. bought a new position in Badger Meter in the 4th quarter valued at $27,000. Caitlin John LLC purchased a new stake in shares of Badger Meter during the 3rd quarter valued at $31,000. Finally, Brown Brothers Harriman & Co. increased its position in shares of Badger Meter by 62.3% during 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 purchasing an additional 71 shares during the last quarter. 89.01% of the stock is owned by institutional investors.

More Badger Meter News

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

• Negative Sentiment: A shareholder class action lawsuit has been filed alleging Badger Meter made false or misleading statements about pulling forward customer orders, demand, and near-term order trends, which raises the risk of damages and management distraction. Article: BMI INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Badger Meter, Inc. Investors – Holzer & Holzer, LLC Encourages Investors with Losses to Contact the Firm
• Negative Sentiment: Multiple law firms are urging BMI investors to seek lead-plaintiff status ahead of an August 3 deadline, signaling the lawsuit is moving forward and keeping legal overhang in focus. Article: Badger Meter, Inc. (BMI) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Negative Sentiment: Additional notices from Rosen, Faruqi & Faruqi, Levi & Korsinsky, and others emphasize allegations that Badger Meter’s earlier growth claims may not have matched actual results, reinforcing investor concern about prior disclosures. Article: Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 3, 2026 in Badger Meter, Inc. Lawsuit – BMI

Insider Activity

In other Badger Meter news, VP Richard Htwe acquired 1,700 shares of the stock in a transaction dated Tuesday, April 21st. The stock was purchased at an average cost of $116.13 per share, for a total transaction of $197,421.00. Following the acquisition, the vice president owned 7,603 shares in the company, valued at $882,936.39. The trade was a 28.80% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Edward F. Callahan bought 858 shares of the stock in a transaction dated Tuesday, April 21st. The stock was bought at an average cost of $116.30 per share, with a total value of $99,785.40. Following the purchase, the vice president owned 1,186 shares in the company, valued at $137,931.80. The trade was a 261.59% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 6,628 shares of company stock worth $777,128. 1.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

BMI has been the topic of several research reports. Zacks Research lowered shares of Badger Meter from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th. Weiss Ratings lowered shares of Badger Meter from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Badger Meter in a research note on Thursday, May 21st. Barclays set a $110.00 price objective on Badger Meter and gave the company an “underweight” rating in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. reduced their price objective on Badger Meter from $190.00 to $160.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Badger Meter presently has a consensus rating of “Hold” and a consensus price target of $155.86.

Badger Meter Stock Down 1.6%

BMI stock opened at $138.61 on Tuesday. The firm has a market capitalization of $4.05 billion, a PE ratio of 31.29, a PEG ratio of 2.53 and a beta of 0.68. Badger Meter, Inc. has a twelve month low of $112.09 and a twelve month high of $249.56. The stock has a 50-day simple moving average of $125.39 and a two-hundred day simple moving average of $148.76.

Badger Meter (NYSE:BMI) last posted its 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. On average, equities research analysts anticipate that Badger Meter, Inc. will post 4.51 EPS for the current fiscal year.

Badger Meter Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, May 22nd. Badger Meter’s dividend payout ratio is presently 36.12%.

Badger Meter 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.