Stock Analysis

Institutional investors control 62% of Badger Infrastructure Solutions Ltd. (TSE:BDGI) and were rewarded last week after stock increased 4.5%

TSX:BDGI
Source: Shutterstock
Advertisement

Key Insights

  • Institutions' substantial holdings in Badger Infrastructure Solutions implies that they have significant influence over the company's share price
  • The top 9 shareholders own 51% of the company
  • Recent purchases by insiders

Every investor in Badger Infrastructure Solutions Ltd. (TSE:BDGI) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 62% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

And as as result, institutional investors reaped the most rewards after the company's stock price gained 4.5% last week. One-year return to shareholders is currently 31% and last week’s gain was the icing on the cake.

In the chart below, we zoom in on the different ownership groups of Badger Infrastructure Solutions.

View our latest analysis for Badger Infrastructure Solutions

ownership-breakdown
TSX:BDGI Ownership Breakdown July 5th 2025

What Does The Institutional Ownership Tell Us About Badger Infrastructure Solutions?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that Badger Infrastructure Solutions does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Badger Infrastructure Solutions' earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth
TSX:BDGI Earnings and Revenue Growth July 5th 2025

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Hedge funds don't have many shares in Badger Infrastructure Solutions. EdgePoint Investment Group Inc. is currently the company's largest shareholder with 13% of shares outstanding. With 12% and 7.6% of the shares outstanding respectively, Turtle Creek Asset Management Inc. and Thrivent Investment Management Inc. are the second and third largest shareholders.

We did some more digging and found that 9 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Badger Infrastructure Solutions

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our information suggests that Badger Infrastructure Solutions Ltd. insiders own under 1% of the company. Keep in mind that it's a big company, and the insiders own CA$8.2m worth of shares. The absolute value might be more important than the proportional share. Arguably, recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

General Public Ownership

With a 38% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Badger Infrastructure Solutions. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Badger Infrastructure Solutions better, we need to consider many other factors. For instance, we've identified 1 warning sign for Badger Infrastructure Solutions that you should be aware of.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

Valuation is complex, but we're here to simplify it.

Discover if Badger Infrastructure Solutions might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.