Badger Meter, Inc. (NYSE: BMI) is a company that specializes in scientific and technical instruments, particularly focusing on smart water solutions and advanced metering infrastructure (AMI) projects. The company has seen significant interest from investors, as evidenced by recent transactions and stock performance. BMI's market capitalization is approximately $4.64 billion, and it trades on the New York Stock Exchange.
On February 9, 2026, Wrocklage Robert, the Executive Vice President of North American Municipal Utility at BMI, purchased 1,650 shares of the company's common stock at $152.35 each. This transaction increased his total holdings to 19,541 shares. This insider purchase reflects confidence in the company's future prospects, despite recent fluctuations in stock price.
Alps Advisors Inc. has also shown confidence in BMI by increasing its stake by 85.9% in the most recent quarter, as highlighted by its 13F filing with the SEC. The firm now holds 82,568 shares, valued at $14.7 million, representing 0.28% of the company. This significant increase in holdings suggests a positive outlook on BMI's growth potential.
Other investors have also adjusted their positions in BMI. Bridges Investment Management Inc. increased its investment by 37% during the third quarter, now holding 16,820 shares valued at approximately $3 million. Additionally, Cullen Frost Bankers Inc. increased its holdings by 170.5%, now owning 165 shares valued at $41,000. These moves indicate a growing interest in BMI among institutional investors.
Despite a recent 11% decline in stock price following its fourth-quarter 2025 earnings announcement, BMI reported a 7.6% increase in quarterly net sales to $220.7 million. The company's full-year sales for 2025 reached $916.7 million, an 11% increase from the previous year. This growth is attributed to strong demand for smart water solutions and AMI projects, as well as the acquisition of SmartCover.
