BMI Badger Meter Dashboard

Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation. Municipal water products comprises of water meters and related technologies to municipal water utilities. Flow Instrumentation products includes meters and valves sold worldwide to various industries for water and other fluids. The company was founded in 1905 and is headquartered in Milwaukee, WI.

Company profile

Ticker

BMI

Exchange

NYSE

Website

www.badgermeter.com/

CEO

Kenneth Bockhorst

Incorporated

Wisconsin

Location

Wisconsin

Fiscal year end

Dec 31

Sector

Manufacturing > Totalizing Fluid Meter and Counting Device Manufacturing

Industry (SIC)

Totalizing Fluid Meters & Counting Devices

Vontier ...

SEC CIK

0000009092

Corporate docs

Articles of Incorporation & Bylaws

IRS number

390143280

BMI stock data

S&P 500

1M 1Y 2Y 5Y

News

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Recap: Badger Meter Q1 Earnings

20 Apr 21

Shares of Badger Meter (NYSE:BMI) rose 0.0% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 14.63% over the past year to $0.47, which beat the estimate of $0.42.

Badger Meter Q1 EPS $0.47 Beats $0.42 Estimate, Sales $117.84M Miss $120.40M Estimate

20 Apr 21

Badger Meter (NYSE:BMI) reported quarterly earnings of $0.47 per share which beat the analyst consensus estimate of $0.42 by 11.9 percent. This is a 14.63 percent increase over earnings of $0.41 per share from the same

Earnings Scheduled For April 20, 2021

20 Apr 21

Companies Reporting Before The Bell • GATX (NYSE:GATX) is projected to report quarterly earnings at $0.85 per share on revenue of $303.17 million.

Earnings Outlook for Badger Meter

19 Apr 21

Benzinga's Top Ratings Upgrades, Downgrades For March 31, 2021

31 Mar 21

Press releases

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Badger Meter Declares Regular Quarterly Dividend

30 Apr 21

The Badger Meter, Inc. (NYSE:BMI) Board of Directors today declared a regular quarterly cash dividend of eighteen cents ($0.18) per share to shareholders of record on May 28, 2021, payable June 11, 2021. About Badger

Badger Meter Reports First Quarter 2021 Results

20 Apr 21

Badger Meter, Inc. (NYSE:BMI) today reported results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Total sales of $117.8 million, an increase of 9% compared to $108.5 million in the

Badger Meter Schedules First Quarter 2021 Earnings Call

1 Apr 21

Badger Meter, Inc. (NYSE:BMI) today announced that it will issue its first quarter 2021 earnings release before the market opens on Tuesday, April 20, 2021. Following the release, Badger Meter will hold its first

Calendar

28 Apr 21

14 Jun 21

31 Dec 21

Financial summary

Financial statements Chart BMI financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	51.4M	51.4M	51.4M	51.4M	51.4M	51.4M
Cash burn (monthly)	6.96M	1.58M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	17.16M	3.9M	n/a	n/a	n/a	n/a
Cash remaining	34.24M	47.5M	n/a	n/a	n/a	n/a
Runway (months of cash)	4.9	30.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

BMI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 May 21	Tellock Glen E	Common Stock	Grant	Aquire A	No	No	92.4	635	58.67K	5,314
3 May 21	Stern James F	Common Stock	Grant	Aquire A	No	No	92.4	635	58.67K	5,314
3 May 21	Myers Tessa M.	Common Stock	Grant	Aquire A	No	No	92.4	635	58.67K	2,676
3 May 21	James W McGill	Common Stock	Grant	Aquire A	No	No	92.4	635	58.67K	1,656
3 May 21	Lione Gail A	Common Stock	Grant	Aquire A	No	No	92.4	635	58.67K	17,839

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

BMI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	255	256	-0.4%
Opened positions	35	58	-39.7%
Closed positions	36	17	+111.8%
Increased positions	75	76	-1.3%
Reduced positions	106	86	+23.3%

13F shares	Current	Prev Q	Change
Total value	2.3B	2.4B	-4.2%
Total shares	24.73M	25.54M	-3.2%
Total puts	9.3K	6.5K	+43.1%
Total calls	30.8K	34.1K	-9.7%
Total put/call ratio	0.3	0.2	+58.4%

Largest owners	Shares	Value	Change
BLK Blackrock	4.94M	$459.95M	+4.6%
Vanguard	3.33M	$310.03M	+1.3%
STT State Street	1.54M	$143.18M	+61.3%
IPXAF Impax Asset Management	1.04M	$96.24M	-48.5%
JPM JPMorgan Chase & Co.	973.95K	$90.65M	+5.3%
IVZ Invesco	933.03K	$86.84M	-7.4%
Dimensional Fund Advisors	911.43K	$84.83M	-6.2%
Kayne Anderson Rudnick Investment Management	667.54K	$62.13M	+8.0%
Geode Capital Management	479.64K	$44.64M	+7.6%
GS Goldman Sachs	463.59K	$43.15M	+4.2%

Largest transactions	Shares	Bought/sold	Change
IPXAF Impax Asset Management	1.04M	-978.21K	-48.5%
STT State Street	1.54M	+584.51K	+61.3%
Norges Bank	0	-341.13K	EXIT
BLK Blackrock	4.94M	+216.65K	+4.6%
Allianz Asset Management GmbH	391.8K	+132.96K	+51.4%
Millennium Management	119.39K	+104.67K	+711.3%
MNGPF Man	159.48K	+96.35K	+152.6%
Ergoteles	0	-81.7K	EXIT
Arrowstreet Capital, Limited Partnership	75.09K	-74.48K	-49.8%
IVZ Invesco	933.03K	-74.26K	-7.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Emerson Electric • Honeywell International • Itron • Roper • Mueller Water Products • Mueller Water Products Inc - Series A • Xylem

Management Discussion

With more than a century of water technology innovation, Badger Meter is a global provider of industry leading water solutions encompassing flow measurement, quality and other system parameters. These offerings provide customers with the data and analytics essential to optimize their operations and contribute to the sustainable use and protection of the world’s most precious resource. The Company’s flow measurement products measure water and other fluids and are known for accuracy, long-lasting durability and for providing valuable and timely measurement data through various methods. The Company’s water quality monitoring solutions include optical sensing and electrochemical instruments that provide real-time, on-demand data parameters. The Company’s product lines fall into two categories: sales of water meters, radios and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves and other products for industrial applications in water, wastewater, and other industries (flow instrumentation). The Company estimates that approximately 90% of its products are used in water related applications.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2021 Q1