Seaport Res Ptn Forecasts Reduced Earnings for Badger Meter

Badger Meter, Inc. (NYSE:BMI - Free Report) - Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings estimates for Badger Meter in a research note issued on Monday, February 3rd. Seaport Res Ptn analyst S. Graham now anticipates that the scientific and technical instruments company will post earnings per share of $1.06 for the quarter, down from their prior estimate of $1.12. The consensus estimate for Badger Meter's current full-year earnings is $4.65 per share. Seaport Res Ptn also issued estimates for Badger Meter's Q2 2025 earnings at $1.20 EPS, FY2025 earnings at $4.64 EPS, Q1 2026 earnings at $1.20 EPS, Q2 2026 earnings at $1.36 EPS, Q3 2026 earnings at $1.35 EPS, Q4 2026 earnings at $1.34 EPS and FY2026 earnings at $5.34 EPS.

BMI has been the subject of several other reports. Stifel Nicolaus raised their target price on shares of Badger Meter from $208.00 to $209.00 and gave the company a "hold" rating in a research note on Monday, February 3rd. Maxim Group boosted their price target on Badger Meter from $235.00 to $245.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Finally, Robert W. Baird upped their price objective on Badger Meter from $184.00 to $203.00 and gave the company a "neutral" rating in a report on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $218.75.

Badger Meter Stock Down 1.0 %

Shares of NYSE BMI traded down $2.09 during trading hours on Wednesday, hitting $213.82. The company had a trading volume of 140,168 shares, compared to its average volume of 219,945. Badger Meter has a 1-year low of $143.61 and a 1-year high of $239.11. The firm's 50 day moving average is $217.33 and its 200-day moving average is $211.80. The stock has a market capitalization of $6.29 billion, a P/E ratio of 50.55, a price-to-earnings-growth ratio of 3.85 and a beta of 0.78.

Badger Meter (NYSE:BMI - Get Free Report) last released its earnings results on Friday, January 31st. The scientific and technical instruments company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. Badger Meter had a return on equity of 21.77% and a net margin of 15.12%.

Hedge Funds Weigh In On Badger Meter

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. U.S. Capital Wealth Advisors LLC raised its stake in Badger Meter by 0.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 6,204 shares of the scientific and technical instruments company's stock valued at $1,316,000 after purchasing an additional 50 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Badger Meter by 4.2% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,271 shares of the scientific and technical instruments company's stock worth $270,000 after acquiring an additional 51 shares in the last quarter. HighTower Advisors LLC increased its stake in Badger Meter by 1.1% in the third quarter. HighTower Advisors LLC now owns 5,312 shares of the scientific and technical instruments company's stock valued at $1,165,000 after acquiring an additional 56 shares during the last quarter. Private Advisor Group LLC raised its position in Badger Meter by 4.5% during the third quarter. Private Advisor Group LLC now owns 1,635 shares of the scientific and technical instruments company's stock valued at $357,000 after purchasing an additional 71 shares in the last quarter. Finally, Arizona State Retirement System lifted its stake in Badger Meter by 0.9% during the fourth quarter. Arizona State Retirement System now owns 8,536 shares of the scientific and technical instruments company's stock worth $1,811,000 after purchasing an additional 72 shares during the last quarter. 89.01% of the stock is owned by institutional investors and hedge funds.

About Badger Meter

Badger Meter, Inc manufactures and markets flow measurement, quality, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities market. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers' representatives.