Badger Meter Posts $1.24 Q3 EPS
BMI sits 18% above its 52-week low of $112.09 on elevated volume (2.0× avg).
Summary
Badger Meter reported third-quarter EPS of $1.24 and net income of $35.9M, on sales of $235.9M. That compares with $1.02 in Q2 2026, when sales fell 7% year over year to $222.3M amid the UDlive integration. The company raised its annual dividend rate 10% to $1.76 per share, its 34th consecutive year of dividend growth, and repurchased about $55 million of shares in Q3. The headline gives no consensus figure, so the quality of the beat versus consensus is unclear. Watch for margin detail, plus any update on the $75M buyback and UDlive contribution.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Badger Meter raised its annual dividend rate 10% to $1.76 per share, its 34th consecutive year of dividend growth, and repurchased about $55 million of shares in Q3.
At the time of this announcement, BMI was trading at $131.86 on NYSE in the Manufacturing sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $112.09 to $204.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.