Badger Meter Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:33B Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Aug 24	Sell€202,037	Kimberly Stoll	Individual	1,097	€184.17
06 Mar 24	Sell€179,784	Fred Begale	Individual	1,203	€149.45
06 Mar 24	Sell€200,109	William R. Bergum	Individual	1,339	€149.45
04 Mar 24	Sell€28,498	William R. Bergum	Individual	194	€146.90
04 Mar 24	Sell€30,555	Fred Begale	Individual	208	€146.90

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 33B?
Owner Type	Number of Shares	Ownership Percentage
State or Government	16,362	0.0556%
Individual Insiders	143,971	0.49%
General Public	2,507,989	8.53%
Institutions	26,742,334	90.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 62.09% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
18%	BlackRock, Inc.	5,294,985	€1.1b	1.25%	0.02%
12.9%	The Vanguard Group, Inc.	3,797,040	€792.3m	3.25%	0.01%
4.98%	State Street Global Advisors, Inc.	1,465,264	€305.7m	-3.41%	0.01%
2.65%	Geode Capital Management, LLC	778,655	€162.5m	-1.52%	0.01%
1.92%	Dimensional Fund Advisors LP	564,291	€117.7m	-6.98%	0.02%
1.67%	Eaton Vance Management	490,736	€102.4m	9.56%	0.02%
1.56%	Impax Asset Management Group Plc	457,469	€95.5m	-7.58%	0.28%
1.46%	Invesco Capital Management LLC	429,370	€89.6m	-9.55%	0.04%
1.3%	UBS Asset Management AG	382,662	€79.8m	-1.36%	0.01%
1.2%	JP Morgan Asset Management	352,278	€73.5m	-20%	0.01%
1.15%	Charles Schwab Investment Management, Inc.	338,198	€70.6m	6.23%	0.01%
1.13%	Norges Bank Investment Management	332,549	€69.4m	0%	0.01%
1.13%	KBC Asset Management NV	331,769	€69.2m	0.76%	0.13%
1.09%	Northern Trust Global Investments	320,679	€66.9m	-1.2%	0.01%
1.07%	First Trust Advisors LP	314,090	€65.5m	29%	0.06%
1.05%	BNY Asset Management	309,662	€64.6m	-7.72%	0.01%
1.04%	Goldman Sachs Asset Management, L.P.	306,711	€64.0m	-8.7%	0.02%
1%	Congress Asset Management Company, LLP	295,027	€61.6m	2.78%	0.43%
0.98%	Kayne Anderson Rudnick Investment Management, LLC	287,807	€60.1m	-2.46%	0.13%
0.89%	Rockefeller & Co. LLC	260,321	€54.3m	-1.16%	0.15%
0.83%	Boston Trust Walden Company	243,360	€50.8m	-2.42%	0.37%
0.82%	Mirae Asset Global Investments Co., Ltd.	241,792	€50.5m	1.3%	0.05%
0.8%	Morgan Stanley, Investment Banking and Brokerage Investments	234,896	€49.0m	13.9%	0.01%
0.75%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	219,977	€45.9m	-0.57%	0.01%
0.72%	Bowen, Hanes & Company, Inc.	211,530	€44.1m	16.4%	1.22%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 00:50
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Badger Meter, Inc. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Eade	Argus Research Company
Robert Mason	Baird
Andrew Buscaglia	Berenberg