Badger Meter Inc
BMI- Exchange
- NYSE
- Industry
- Totalizing Fluid Meters & Counting Devices
- SEC CIK
- 0000009092
No open-market purchases or sales by Badger Meter Inc insiders were filed in the last 90 days; 488 institutions reported holding it in 13F filings for Q2 2026, worth $4.86B in total; Fundsmith is the only superinvestor holding it.
Key figures
- Market capClose on Nov 13, 2026
- $4.42B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, +9 vs. previous quarter
- 488
- 13F valueReported value at the end of Q2 2026
- $4.86B
- Superinvestors holdingAt the end of Q2 2026
- 1
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $916.7M
- +10.9% year over year
- Net income, FY2025
- $141.6M
- +13.4% year over year
- Free cash flow, FY2025
- $169.7M
- +19.3% year over year
- Revenue, Q3 FY2026
- $235.9M
- +0.1% year over year
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 3.84M
- Shares sold short
- Change
- −618.2K
- −13.9% vs. previous
- Days to cover
- 6.03
- At average daily volume
Superinvestors holding BMI, Q2 2026
Go to the superinvestors tab1 superinvestor reports holding Badger Meter Inc on Form 13F. Percentages are the stock's share of each portfolio.
Latest insider trades
See all insider tradesOpen-market purchases and sales by Badger Meter Inc insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Jul 31, 2026 (view filing)3:37 PM ET | Jul 30 | 1 day | Callahan Edward F.VP-Engineering | PPurchase | +751 | $135.25 | +$101.6K | +63.3%1.94K after | |
| Apr 23, 2026 (view filing) | Apr 23 | Same day | Wrocklage RobertEVP-N.A. Muncipal Utility | PPurchase | +1.00K | $122.35 | +$122.3K | +4.5%23.3K after | |
| Apr 22, 2026 (view filing) | Apr 21 | 1 day | Htwe RichardVP-Global Operations | PPurchase | +1.70K | $116.13 | +$197.4K | +28.8%7.60K after | |
| Apr 22, 2026 (view filing) | Apr 21 | 1 day | Tarantino Christina M.VP-Controller | PPurchase | +870 | $113.80 | +$99.0K | +93.4%1.80K after | |
| Apr 22, 2026 (view filing) | Apr 21 | 1 day | Callahan Edward F.VP-Engineering | PPurchase | +858 | $116.30 | +$99.8K | +261.6%1.19K after | |
| Apr 21, 2026 (view filing) | Apr 21 | Same day | Bockhorst KennethChairman, President & CEO | PPurchase | +2.20K | $117.53 | +$258.6K | +4.4%51.7K after | |
| Mar 10, 2026 (view filing) | Mar 6 | 4 days | Stoll Kimberly KVP-Cust Serv & GM SmartCover | SSale | −143 | $144.50 | −$20.7K | −3.9%3.52K after | |
| Mar 4, 2026 (view filing) | Mar 3 | 1 day | Stoll Kimberly KVP-Cust Serv & GM SmartCover | SSale | −1.63K | $149.01 | −$243.5K | −33.4%3.26K after | |
| Mar 4, 2026 (view filing) | Mar 4 | Same day | Begale Fred JVP-Utility NPD | SSale | −2.06K | $150.00 | −$309.6K | −40.4%3.04K after | |
| Mar 3, 2026 (view filing) | Feb 27 | 4 days | Stoll Kimberly KVP-Cust Serv & GM SmartCover | SSale | −148 | $150.38 | −$22.3K | −2.9%4.89K after |
Top 10 13F holders, Q2 2026
See all 488 holdersThe largest institutional positions in Badger Meter Inc at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,892,342 | $725.9M | 0.01% | −59,540−1.2% | Reduced |
| Vanguard Portfolio Management LLC | 2,504,823 | $371.7M | 0.02% | +53,172+2.2% | Added |
| State Street Corp | 1,651,414 | $245.0M | 0.01% | +126,444+8.3% | Added |
| Vanguard Capital Management LLC | 1,317,325 | $195.5M | 0.00% | +15,705+1.2% | Added |
| Geode Capital Management, LLC | 1,008,392 | $149.6M | 0.01% | +69,561+7.4% | Added |
| Impax Asset Management Group plc | 945,694 | $140.3M | 0.91% | +945,694 | New |
| First Trust Advisors LP | 771,864 | $114.5M | 0.07% | +211,508+37.7% | Added |
| Morgan Stanley | 739,882 | $109.8M | 0.01% | +76,690+11.6% | Added |
| Boston Trust Walden Corp | 728,961 | $108.2M | 0.82% | +198,792+37.5% | Added |
| UBS Group AG | 629,411 | $93.4M | 0.01% | −228,763−26.7% | Reduced |
Holders of 5% or more of BMI
See all 4 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Badger Meter Inc.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | 13G/A | 16.30%4.78M shares | – | Apr 30, 20251 filing | Apr 30, 2025 | SEC |
| Vanguard Portfolio Management LLC | 13G | 8.48%2.48M shares | New | Apr 28, 20261 filing | Apr 28, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 5.23%1.53M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| State Street Corp | 13G | 5.20%1.52M shares | +0.30 ppfrom 4.90% | Feb 10, 20227 filings | May 12, 2026 | SEC |
Politician trades
All politician trades in BMI1 member of Congress reported 4 trades in Badger Meter Inc since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Aug 12, 2025 |  Markwayne Mullin Senate · OK | Buy | $1K-$15K |
| Aug 12, 2025 | Markwayne Mullin Senate · OK | Buy | $1K-$15K |
| Dec 31, 2024 | Markwayne Mullin Senate · OK | Sell (full) | $1K-$15K |
| Dec 31, 2024 | Markwayne Mullin Senate · OK | Sell (full) | $15K-$50K |
Senate · OK · Aug 12, 2025
Buy$1K-$15K
Senate · OK · Aug 12, 2025
Buy$1K-$15K
Senate · OK · Dec 31, 2024
Sell (full)$1K-$15K
Senate · OK · Dec 31, 2024
Sell (full)$15K-$50K