Fed’s Powell opens door to potential rate cuts at Jackson Hole
Kimberly K. Stoll, Vice President of Sales & Marketing at Badger Meter Inc . (NYSE:BMI), recently sold shares of the company stock valued at approximately $82,303. The transactions were disclosed in a Form 4 filing with the Securities and Exchange Commission.
On March 3, Stoll sold 148 shares at a weighted average price of $212.13, with the prices ranging from $212.00 to $212.64. The following day, on March 4, she sold an additional 243 shares at a weighted average price of $209.50, with prices ranging from $209.25 to $209.76. These sales reduced her total direct ownership to 4,593 shares of Badger Meter common stock. The company maintains strong financial health with a "GREAT" rating from InvestingPro, which has identified 15+ additional key insights about BMI’s valuation and performance metrics.
The transactions did not involve any equity swaps, and Stoll continues to hold her remaining shares directly. Notably, Badger Meter has maintained dividend payments for 55 consecutive years and raised them for 32 straight years, demonstrating consistent shareholder returns despite the stock’s current premium valuation.
In other recent news, Badger Meter has made headlines with its largest acquisition to date, purchasing SmartCover for $185 million. This strategic move is expected to have a temporary dilutive effect on the company’s earnings per share in 2025, but analysts from Stifel project it will become neutral by 2026. The acquisition is anticipated to positively contribute to Badger Meter’s organic growth starting in 2026 and improve EBITDA margins by 2027 and 2028. Stifel analysts have also adjusted their price target for Badger Meter shares to $209, maintaining a Hold rating on the stock. They noted the company’s base business continues to demonstrate robust growth. The SmartCover acquisition marks a significant milestone, enhancing Badger Meter’s growth trajectory and profitability in the long term. These developments reflect the company’s strategic efforts to bolster its market position and financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.