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Karen M. Bauer, Vice President of Investor Relations, Strategy, and Treasurer at Badger Meter Inc . (NYSE:BMI), recently sold a significant portion of her holdings in the company. According to a filing with the Securities and Exchange Commission, Bauer sold 1,147 shares of Badger Meter common stock on March 5, 2025. The shares were sold at a weighted average price of $209.74, with actual prices ranging from $208.98 to $210.52, bringing the total transaction value to approximately $240,571. The transaction occurred as Badger Meter, currently valued at $6.3 billion, trades near its 52-week high of $239.11. InvestingPro analysis indicates the stock is trading above its Fair Value, with a price-to-earnings ratio of 49.5x.
Following the sale, Bauer retains ownership of 5,076 shares in the company. This transaction was conducted as a direct sale, and no equity swap was involved. InvestingPro data reveals Badger Meter’s strong financial foundation, with an impressive 32-year streak of dividend increases and a 26% dividend growth in the last twelve months. The company maintains a "GREAT" financial health score, holding more cash than debt on its balance sheet. For deeper insights into insider trading patterns and 15+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Badger Meter has announced its largest acquisition to date with the purchase of SmartCover for $185 million. This acquisition is expected to impact the company’s earnings per share in 2025, although analysts from Stifel anticipate that the effect will be neutral by 2026. The acquisition of SmartCover, which specializes in smart water monitoring solutions, is projected to contribute positively to Badger Meter’s organic growth starting in 2026 and enhance EBITDA margins by 2027 and 2028. Stifel analysts have reacted to these developments by raising the price target for Badger Meter shares to $209, maintaining a Hold rating. They noted that Badger Meter’s base business continues to exhibit robust growth, and the acquisition marks a significant milestone in the company’s history. While the acquisition initially poses a dilutive effect on earnings, analysts from Stifel believe that it will ultimately bolster Badger Meter’s growth and profitability in the long term.
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