Law Offices of Howard G. Smith announces an investigation on behalf of Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE: BMI) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BADGER METER, INC. (BMI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On July 22, 2025, Badger Meter released its second quarter 2025 financial results, reporting below-consensus earnings, revenue growth decline, and margin deterioration. The Company also expected that “absolute sales [would] decline sequentially in the third quarter of 2025.”

On this news, Badger Meter’s stock price fell $40.42, or 16.5%, to close at $204.80 per share on July 22, 2025, thereby injuring investors.

Then, on January 28, 2026, Badger Meter released its fourth quarter 2025 financial results, revealing missed revenue expectations and a “6% sequential decline in utility water sales” due to “previously communicated project pacing effects.”

On this news, Badger Meter’s stock price fell $18.09, or 11%, to close at $146.32 per share on January 28, 2026.

Then, on April 17, 2026, Badger Meter released its first quarter 2026 results, disclosing that total sales were “9% lower than the prior year,” “[u]tility water sales declined 10% year-over-year,” “[o]perating earnings of $35.2 million, with an operating margin of 17.4%, compared to operating earnings of $49.4 million and an operating margin of 22.2% in the prior year,” and “[d]iluted earnings per share (EPS) of $0.93, down from $1.30 in the first quarter of 2025.” The Company cited “project timing” and “softer short-cycle municipal customer ordering.”

On this news, Badger Meter’s stock price fell $36.75, or 24.1%, to close at $115.54 per share on April 17, 2026, thereby injuring investors further.

Contact Us To Participate or Learn More:

If you purchased Badger Meter securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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