BMI — Badger Meter Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Badger Meter Inc

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions worldwide. The company offers Utility water smart metering solutions and software technologies and services to municipal water utility market. It also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids, including water, air, steam, and other liquids and gases to orig… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$124.74
Market Cap$3.51B
Float29.0M
Shares Outstanding29.2M
P/E (Forward)25.25
P/E (TTM)27.20
Price/Sales (TTM)3.91
vs. Analyst Target+17.8% to analyst PT
Profit Margin14.56%
Operating Margin (TTM)17.40%
Revenue (TTM)$897M
Earnings Growth (YoY)-28.50%
Dividend Rate1.6%
Analyst Target Price$147.00 (9 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $426M $49.3M $168M $90.2M
2021 $505M $60.9M $205M $106M
2022 $566M $66.5M $220M $113M
2023 $704M $92.6M $276M $146M
2024 $827M $125M $329M $190M
2025 $917M $142M $382M $223M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $238M $34.6M
Sep 2025 $236M $35.1M
Dec 2025 $221M $33.6M
Mar 2026 $202M $27.3M

Ownership & Float

Insider Ownership0.6%
Institutional Ownership110.3%
Short Float12.8%
% of All Funds Holding5.35%
Number of Funds Holding440

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$130.05Near-term / short-term trend
Weekly40-Week SMA$161.16Medium-term trend
Weekly80-Week SMA$188.57Cyclical trend (business cycle)
Weekly200-Week SMA$165.69Secular trend (multi-year)
Monthly10-Month SMA$159.19Near-term monthly trend
Monthly20-Month SMA$186.91Medium-term monthly trend
Monthly40-Month SMA$174.31Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$153.00 resistance 2.03x 0 months ago
$175.00 resistance 1.22x 3 months ago
$243.00 resistance 1.86x 9 months ago

Historical Earnings Reactions (123 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.27% 0.00% 49.59% 19.19% -17.22%
1 Day 0.50% 0.00% 48.78% 26.65% -28.90%
1 Week 1.01% 0.18% 50.41% 22.69% -32.70%
2 Weeks 1.37% 0.85% 56.10% 26.06% -23.65%
1 Month 1.68% 1.90% 56.91% 36.98% -25.81%

Next earnings: July 6, 2026 (37 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan4.7%66.7%51
Feb2.6%58.8%51
Mar1.2%60.8%51
Apr1.1%51.0%51
May1.9%56.0%50
Jun0.7%54.0%50
Jul2.9%54.0%50
Aug-0.3%44.0%50
Sep-0.7%44.0%50
Oct-1.1%44.0%50
Nov2.6%58.0%50
Dec0.8%52.9%51

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 40.5% 2384
Tuesday 0.02% 40.3% 2587
Wednesday 0.09% 41.6% 2587
Thursday 0.13% 42.3% 2537
Friday 0.09% 41.8% 2524

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 110.3%

Insider Transactions — Smart Summary

Total insider ownership: 0.6%

12-Month Insider Activity Summary

Total Filings14
Net Value+$1.8M
Net Shares Change15,515
% of Float0.1%
C-Suite Filings14
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Bockhorst Kenneth Chairman, President and CEO +$761,559.26 2 2 buy
Htwe Richard VP-Global Operations +$698,573.7 2 2 buy
Stoll Kimberly K VP-Cust Serv and GM SmartCover -$243,479.399 1 1 sell
BERGUM WILLIAM R A VP-Gen. Counsel and Secretary +$175,000.02 1 1 buy
Wrocklage Robert EVP-N.A. Muncipal Utility +$122,350 1 1 buy
Hopkins Sheryl VP - Human Resources +$105,817.88 1 1 buy
Callahan Edward F. VP-Engineering +$99,785.4 1 1 buy
Tarantino Christina M. VP-Controller +$99,006 1 1 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-09 – 2026-02-13 4 4 +$1.4M 4 C-suite
2026-04-21 – 2026-04-23 6 6 +$952,135.68 6 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-04-23 BERGUM WILLIAM R A VP-Gen. Counsel and Secretary +$175,000.02 Transaction at $123.78, now +0.8%
2026-04-22 Tarantino Christina M. VP-Controller +$99,006 Transaction at $113.80, now +9.6%
2026-04-22 Htwe Richard VP-Global Operations +$197,421 Transaction at $116.13, now +7.4%
2026-04-22 Callahan Edward F. VP-Engineering +$99,785.4 Transaction at $116.30, now +7.3%
2026-04-23 Wrocklage Robert EVP-N.A. Muncipal Utility +$122,350 Transaction at $122.35, now +2.0%
2026-04-21 Bockhorst Kenneth Chairman, President and CEO +$258,573.26 Transaction at $117.53, now +6.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Badger Meter Inc (BMI) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BMI on Trend Edge →