Badger MeterBMI
Market Cap: 6.06B
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $6.13M | Put options by funds: $3.64M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
46% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 35
4% more funds holding
Funds holding: 387 [Q4 2023] → 403 (+16) [Q1 2024]
5% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 141
3% more capital invested
Capital invested by funds: $4.03B [Q4 2023] → $4.15B (+$126M) [Q1 2024]
1.29% less ownership
Funds ownership: 88.97% [Q4 2023] → 87.68% (-1.29%) [Q1 2024]
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Argus Research John Eade | 6%upside $218 | Buy Maintained | 23 Jul 2024 |
Baird Robert Mason | 11%downside $184 | Neutral Maintained | 22 Jul 2024 |
Stifel Nathan Jones | 7%downside $192 | Hold Maintained | 18 Jul 2024 |
Stifel Nathan Jones | 15%downside $175 | Hold Maintained | 19 Apr 2024 |
Baird Robert Mason | 13%downside $180 | Neutral Maintained | 19 Apr 2024 |
Financial journalist opinion
Based on 15 articles about BMI published over the past 30 days