Cross-institution positioning
May 12, 2026Mixed positioning. 1 accumulating, 1 reducing, 1 exited across 3 comparable institutions.
Source: Schedule 13 researchBMI Institutional Ownership
BADGER METER INC
Latest stored close $127.66 as of Oct 8, 2026 View live quote ↗
STOCKNODE Outlook
Neutral
45/100
4 tracked · 3 comparable
Latest filing
May 12, 2026
Positive breadth
2 positive · 2 negative
Recent close
$127.66
Research confidence
Medium
Institutional Research 40/100 · 1 accumulating · 2 reducing / exited
Ownership history
Reported ownership % history
Latest filing May 12, 2026
See how each tracked institution's reported ownership changed across SEC position dates. Full history is available with Investor or Pro access.
Locked preview
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Accumulating1
Newly reported1
Reducing / exited
2
52-week position
—
Institutional Intelligence
Why STOCKNODE says Neutral
What the evidence shows across the newest institutional, insider, company-event, 13F, fundamental, and price data; STOCKNODE combines these layers into a quantitative research signal while preserving each source and reporting window.
STOCKNODE Outlook
Neutral 45/100
Confidence:Medium
Why this signal
- 1 tracked institution accumulating versus 2 reducing/exited.
- 1 tracked institution recently reversed from reducing to accumulating.
Institutional
43/100
Insiders
59/100
Fundamentals
36/100
Events
50/100
Quarterly 13F activity
Jun 30, 20261 increased/new, 1 reduced/exited across 2 managers in the latest comparable Form 13F quarter.
Source: Form 13F quarter-end holdingsInsider filing activity
Oct 1, 2026Over the last 90 days, SEC-coded non-derivative P/S activity includes 1 purchase by 1 reporting owner and 0 sales by 0 reporting owners. Amendments are shown in the filing evidence but excluded from rolling activity totals.
Source: SEC Forms 3/4/5Material company events
Jul 22, 20261 non-amendment material event in the last 90 days; Latest classified evidence: Results of operations / financial condition. Registration and prospectus filings are treated as financing capacity/disclosure evidence, not proof that securities were sold.
Source: SEC 8-K / securities filing metadataSEC fundamentals
Jul 23, 2026Revenue -6.6% YoY; Net income -14.1% YoY. Periods are compared only when the SEC facts are aligned and comparable.
Source: SEC Company FactsPrice context
Sep 15, 2026Recent close is 15% through its reported 52-week range; -29.8% over one year.
Source: Stored historical price series
Latest filing decision brief
Investor / Pro
Research the latest Initial Schedule 13G from State Street.
Filed May 12, 2026. Unlock the dated position comparison, disclosure classification, confidence, price context, and filing-specific significance analysis.
Premium research values are withheld until unlocked.
Supporting institutional evidence
Institutional Evidence
The research summary above gives the current read. This section shows the dated holder-level evidence behind it.
Latest filing
May 12, 2026
Latest reported position changes
Investor / Pro detailSee each institution's newest reported position against its own prior report, with position as-of date separated from SEC filed date. Institution names and filing freshness remain public below.
State Street
Filed May 12, 2026
Direction locked
Vanguard Capital Management
Filed Apr 29, 2026
Direction locked
BlackRock
Filed Apr 30, 2025
Direction locked
BlackRock
Filed Jan 19, 2024
Direction locked
Vanguard Group
Filed Mar 26, 2026
Direction locked
Unlock the actual direction, share change, ownership change, and classification basis.
No premium position values are sent in this locked preview.
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Reported direction breadth by as-of date
Locked previewComparable holder direction grouped by SEC position as-of date — never presented as trade dates.
Unlock actual accumulation vs. reduction breadth across reported position dates.
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Institution comparison
Investor / Pro detailCompare each institution only with its own prior reported position. Public visitors can see who is tracked and how fresh the filing is; paid research reveals the actual comparison.
State Street
Filed May 12, 2026
Vanguard Capital Management
Filed Apr 29, 2026
BlackRock
Filed Apr 30, 2025
BlackRock
Filed Jan 19, 2024
Vanguard Group
Filed Mar 26, 2026
Unlock the evidence behind the score
Know who changed position, by how much, and when the SEC learned about it.
Investor and Pro reveal holder-by-holder changes, reported ownership history, dated breadth, disclosure timing, institution comparison, and filing-specific analysis without treating Schedule 13 reports as trade dates.
✓ Actual share and ownership changes
✓ Position as-of date vs. SEC filed date
✓ Deterministic direction basis
✓ Full evidence on every eligible stock
SEC Forms 3, 4 & 5
Insider activity
Reported Section 16 ownership activity. Rolling purchase/sale totals use non-derivative SEC transaction codes P and S only; amendments remain visible but are excluded from those totals.
30-day purchases00 reporting owner(s)
30-day sales00 reporting owner(s)
90-day purchase breadth1
90-day sale breadth0
View recent insider filing evidence
| Date | Reporting owner | Code | Security | Shares | Price | Ownership | Filed |
|---|---|---|---|---|---|---|---|
| Oct 1, 2026 | ADAMS TODD A. | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 154 | $123.54 | Direct | Oct 2, 2026 |
| Oct 1, 2026 | Liu Xia | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 154 | $123.54 | Direct | Oct 2, 2026 |
| Jul 30, 2026 | Callahan Edward F. | POpen-market or private purchase | Common Stock | 751 | $135.25 | Direct | Jul 31, 2026 |
| Jul 1, 2026 | Liu Xia | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 128 | $148.38 | Direct | Jul 2, 2026 |
| Jul 1, 2026 | ADAMS TODD A. | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 128 | $148.38 | Direct | Jul 2, 2026 |
| May 1, 2026 | Liu Xia | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 131 | $152.35 | Direct | May 4, 2026 |
| Apr 27, 2026 | Cook Melanie K. | AGrant, award, or other acquisition | Common Stock | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | Liu Xia | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | McGill James W | AGrant, award, or other acquisition | Common Stock | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | Myers Tessa M. | AGrant, award, or other acquisition | Common Stock | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | TELLOCK GLEN E | AGrant, award, or other acquisition | Common Stock | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | Brooks Henry F | AGrant, award, or other acquisition | Common Stock | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | STERN JAMES F | AGrant, award, or other acquisition | Common Stock | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 27, 2026 | ADAMS TODD A. | AGrant, award, or other acquisition · derivative | Phantom Stock Units | 952 | $122.96 | Direct | Apr 29, 2026 |
| Apr 23, 2026 | Wrocklage Robert | POpen-market or private purchase | Common Stock | 1.0K | $122.35 | Direct | Apr 23, 2026 |
| Apr 21, 2026 | BERGUM WILLIAM R A | ISEC transaction code I | Common Stock | 1.4K | $123.78 | Indirect | Apr 23, 2026 |
| Apr 21, 2026 | Htwe Richard | POpen-market or private purchase | Common Stock | 1.7K | $116.13 | Direct | Apr 22, 2026 |
| Apr 21, 2026 | Callahan Edward F. | POpen-market or private purchase | Common Stock | 858 | $116.30 | Direct | Apr 22, 2026 |
| Apr 21, 2026 | Tarantino Christina M. | POpen-market or private purchase | Common stock | 870 | $113.80 | Direct | Apr 22, 2026 |
| Apr 21, 2026 | Bockhorst Kenneth | POpen-market or private purchase | Common Stock | 2.2K | $117.53 | Direct | Apr 21, 2026 |
SEC company-event context
Material company events
Recent 8-K item classifications plus securities registration and prospectus filings. Registration or prospectus filings show financing capacity/disclosure activity; they do not by themselves prove that securities were sold.
30-day material events0
90-day capital-related0
90-day equity-related0
90-day debt-related0
View recent company-event filing evidence
| Filed | Form | 8-K item(s) | Classification | Capital context | SEC |
|---|---|---|---|---|---|
| Jul 22, 2026 | 8-K | 2.02, 9.01 | Results of operations / financial condition; Financial statements / exhibits | — | Filing |
| Jun 11, 2026 | 8-K | 1.01, 1.02, 2.03, 9.01 | Material definitive agreement; Termination of material agreement; New direct financial obligation; Financial statements / exhibits | Debt | Filing |
| May 21, 2026 | 8-K | 7.01, 9.01 | Regulation FD disclosure; Financial statements / exhibits | — | Filing |
| Apr 28, 2026 | 8-K | 5.03, 5.07, 8.01, 9.01 | Charter or bylaw change; Shareholder vote results; Other event; Financial statements / exhibits | — | Filing |
| Apr 17, 2026 | 8-K | 2.02, 9.01 | Results of operations / financial condition; Financial statements / exhibits | — | Filing |
| Jan 28, 2026 | 8-K | 2.02 | Results of operations / financial condition | — | Filing |
| Dec 11, 2025 | 8-K | 5.02, 9.01 | Director or executive change; Financial statements / exhibits | — | Filing |
| Oct 21, 2025 | 8-K | 2.02, 9.01 | Results of operations / financial condition; Financial statements / exhibits | — | Filing |
SEC-reported company fundamentals
Fundamentals
Period-aligned SEC facts. Comparisons appear only when periods and units are comparable.
Revenue
$222.3M
Q2 2026
-6.6% YoY 10-Q filed Jul 23, 2026
Operating income
$39.4M
Q2 2026
-12.2% YoY 10-Q filed Jul 23, 2026
Operating margin
17.7%
Q2 2026
-1.1 pts YoY 10-Q filed Jul 23, 2026
Net income
$29.7M
Q2 2026
-14.1% YoY 10-Q filed Jul 23, 2026
Diluted EPS
$1.02
Q2 2026
-12.8% YoY 10-Q filed Jul 23, 2026
Operating cash flow
$60.6M
YTD through Jun 30, 2026
-21.9% YoY 10-Q filed Jul 23, 2026
Free cash flow
$51.3M
YTD through Jun 30, 2026
-27.4% YoY 10-Q filed Jul 23, 2026
Cash & equivalents
$89.2M
As of Mar 31, 2022
10-Q filed Apr 28, 2022
Assets
$998.2M
As of Jun 30, 2026
+6.6% YoY 10-Q filed Jul 23, 2026
Stockholders’ equity
$682.9M
As of Jun 30, 2026
+0.8% YoY 10-Q filed Jul 23, 2026
Shares outstanding
29.0M
As of Jul 10, 2026
-1.6% YoY 10-Q filed Jul 23, 2026
View recent revenue trend
Quarterly
| Period | Revenue | YoY |
|---|---|---|
| Ended Jun 30, 2026 | $222.3M | -6.6% |
| Ended Mar 31, 2026 | $202.3M | -9.0% |
| Ended Dec 31, 2025 | $220.7M | +7.6% |
| Ended Sep 30, 2025 | $235.7M | +13.1% |
Annual
| Period | Revenue | YoY |
|---|---|---|
| Ended Dec 31, 2025 | $916.7M | +10.9% |
| Ended Dec 31, 2024 | $826.6M | +17.5% |
| Ended Dec 31, 2023 | $703.6M | +24.4% |
| Ended Dec 31, 2022 | $565.6M | +11.9% |
Current market context
Price performance
Dated price context from the historical market series already collected for this security.
Recent stored close
$126.11
View live quote ↗
52-week low
$112.09
Apr 20, 2026
52-week high
$204.00
Oct 21, 2025
Below 52-week high
38.2%
1W return
-2.0%
1M return
-3.6%
3M return
-6.2%
6M return
-14.0%
YTD return
-27.7%
1Y return
-29.8%
30-day volatility
30.7%
90-day volatility
43.4%
1Y max drawdown
-39.6%
Returns are close-to-close price changes. Volatility and drawdown are factual historical context, not recommendations.
How to read Schedule 13 ownership changes
Schedule 13G/13D reports beneficial ownership at an observation date. “Accumulation” or “reduction” is inferred from changes in reported shares when available; it is not a list of individual trades or exact execution prices.
Form 13F rows are quarter-end holding context only and do not establish an exact entry date.
For more context, see how to read a Schedule 13G, filing date vs event date, or Schedule 13G vs Schedule 13D.
Current ownership filings and reported ownership changes are available on free access. Investor and Pro add filing-specific significance scoring, disclosure-speed analysis, confirmation/divergence signals, and alerts. The overall institutional consensus preview remains public. Compare plans.
Beneficial ownership filing history
Showing 3 of 23 filing(s) · 20 older require more history accessView beneficial ownership filing evidence
| Holder | Observed / filed | Reported change | Shares | Ownership | Observation | Filing | Latest |
|---|---|---|---|---|---|---|---|
| Vanguard Capital Management CIK0002100119 | Jun 30, 2026 quarter end Aug 13, 2026 filed Form 13F quarter-end evidence | Earlier Form 13F quarter-end holding Quarter-end holding evidence; no ownership percentage or signal. | 1.3M | $127.66 | |||
| State Street CIK0000093751 | Mar 31, 2026 observed May 12, 2026 filed · 42d Initial Schedule 13G | Initial Schedule 13G | 1.5M +83.6K | 12.00% 0.00 pts | $152.35 | $115.04 | $127.66 |
| Vanguard Capital Management CIK0002100119 | Mar 31, 2026 observed Apr 29, 2026 filed · 29d Initial Schedule 13G | Initial Schedule 13G | 1.5M | 5.23% | $152.35 | $117.86 | $127.66 |
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