BMI stock icon

Badger Meter
BMI

$189.11
1.68%
 

About: Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.

Employees: 2,140

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

71% more call options, than puts

Call options by funds: $5.99M | Put options by funds: $3.51M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]

38% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 37

4% more funds holding

Funds holding: 387 [Q4 2023] → 401 (+14) [Q1 2024]

4% more repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 141

3% more capital invested

Capital invested by funds: $4.03B [Q4 2023] → $4.14B (+$112M) [Q1 2024]

1.6% less ownership

Funds ownership: 88.97% [Q4 2023] → 87.37% (-1.6%) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$147
22%
downside
Avg. target
$167
12%
downside
High target
$180
5%
downside

3 analyst ratings

positive
0%
neutral
100%
negative
0%
Stifel
Nathan Jones
7%downside
$175
Hold
Maintained
19 Apr 2024
Baird
Robert Mason
5%downside
$180
Neutral
Maintained
19 Apr 2024
Stifel
Nathan Jones
22%downside
$147
Hold
Maintained
29 Jan 2024

Financial journalist opinion

Based on 9 articles about BMI published over the past 30 days