Badger Meter Inc

Conestoga Capital Advisors exited its position in Badger Meter during the second quarter of 2026 after the company reported a decline in first-quarter revenue and offered low visibility for a meaningful recovery. The firm noted that while Badger Meter management believes there was no pull-forward of demand post-pandemic, increased activity in recent years may have created an air pocket of demand. Badger Meter, a US-based flow measurement and smart water metering solutions provider, closed at $139.44 per share on August 5, 2026, with a market capitalization of $4.04 billion, and its shares lost 25.65% over the past 52 weeks. The exit was disclosed in Conestoga's second-quarter 2026 investor letter, which also reported that the Conestoga Small Cap Composite returned 14.32% net-of-fees for the quarter, compared to a 25.71% return for the Russell 2000 Growth Index.

Bronstein, Gewirtz & Grossman has filed a class action lawsuit against Badger Meter and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Badger Meter securities between April 18, 2024 and April 16, 2026. The complaint claims the company made false and misleading statements about its financial results, demand environment, and growth prospects, and that its reported strong performance was unsustainable. Investors have until August 3, 2026 to seek lead plaintiff appointment. The law firm is handling the case on a contingency fee basis.

The Law Offices of Howard G. Smith reminds investors that securities fraud class action lawsuits have been filed against Badger Meter, PicS N.V., Verra Mobility Corporation, and Grail, Inc., with lead plaintiff deadlines approaching in early August 2026. The Badger Meter suit, with a deadline of August 3, 2026, alleges the company concealed weakening demand by pulling forward customer orders to recognize revenue early. The PicS N.V. action, deadline August 4, 2026, claims the company's IPO offering documents failed to disclose deficient credit evaluation procedures and a reclassification of approximately R$590 million of exposures, leading to an incremental expected credit loss charge of R$88 million. Verra Mobility, also with an August 4 deadline, is accused of misleading investors about its reliance on a contract extension with Avis Budget for continued growth. Grail, Inc., with the same August 4 deadline, allegedly misrepresented the sufficiency of data from its trial's first screening round and Pathfinder studies to demonstrate the achievability of a primary endpoint. Investors who suffered losses can contact the firm to discuss their legal rights.

Rosen Law Firm reminds purchasers of Badger Meter common stock between April 18, 2024 and April 16, 2026 of the August 3, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that during the class period, defendants made materially false and misleading statements about the drivers of Badger Meter's record financial results, product demand, and growth prospects. In truth, the company's results were at least partially attributable to pulling forward customer orders to recognize revenue early, which concealed weakening demand and depleted future revenue. Investors who purchased shares during the class period may be entitled to compensation through a contingency fee arrangement without out-of-pocket costs.

Holzer & Holzer, LLC reminds investors that the lead plaintiff deadline is August 3, 2026 in the securities class action against Badger Meter, Inc. The lawsuit alleges that Badger Meter made false and misleading statements or failed to disclose material adverse facts about its practice of pulling forward customer orders, demand, and near-term order trends. The class period runs from April 18, 2024 through April 16, 2026, and investors who purchased shares during that time and suffered a loss may seek appointment as lead plaintiff. Additional information is available by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com or by calling (888) 508-6832.

Bernstein Liebhard LLP reminds Badger Meter investors that the deadline to join a securities fraud class action lawsuit is August 3, 2026. The lawsuit, filed on behalf of investors who purchased or acquired Badger Meter common stock between April 18, 2024 and April 16, 2026, alleges that the company and certain senior officers made materially false and misleading statements about its business operations, growth prospects, and financial stability, causing the stock to trade at artificially inflated prices. Investors who suffered losses are encouraged to submit a form or contact Investor Relations Manager Peter Allocco at 212-951-2030 or pallocco@bernlieb.com. Those wishing to serve as lead plaintiff must file papers by the August 3 deadline, though participation in any recovery does not require serving as lead plaintiff.

Rosen Law Firm reminds purchasers of Badger Meter, Inc. common stock between April 18, 2024 and April 16, 2026 of the August 3, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that during the Class Period, defendants made materially false and misleading statements about the drivers of Badger Meter's record financial results, demand for its products, and growth prospects, while in reality the company was pulling forward customer orders to recognize revenue early, concealing weakening demand and depleting future revenue. Investors who purchased Badger Meter common stock during the Class Period may be entitled to compensation through a contingency fee arrangement. Rosen Law Firm, which has recovered billions of dollars for investors and was ranked number one by ISS Securities Class Action Services in 2017, encourages investors to select qualified counsel with a proven track record.

Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Badger Meter, Inc. and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired Badger Meter securities between April 18, 2024 and April 16, 2026. The complaint claims the company made false and misleading statements about its financial results, demand environment, and growth prospects, which were unsustainable and overstated. Investors have until August 3, 2026 to seek lead plaintiff appointment. The law firm represents investors on a contingency fee basis.

The Schall Law Firm reminds investors of a class action lawsuit against Badger Meter, Inc. for alleged securities fraud. The lawsuit covers investors who purchased Badger Meter securities between April 18, 2024 and April 16, 2026. The complaint alleges the company made false and misleading statements about its financial performance, claiming growth was driven by secular trends and strong demand, when in reality performance was partially based on pulling forward customer orders to recognize revenue early. Investors have until August 3, 2026 to contact the firm about serving as lead plaintiff.

Badger Meter reported second-quarter 2026 total sales of $222.3 million, a 7% decline from the prior year, driven by project pacing dynamics and lower utility water revenue. Organic revenue, excluding a $2 million contribution from the UDlive acquisition, fell 7.5% year over year, though base sales rose 9% sequentially from the first quarter as awarded AMI projects began initial shipments. Utility water sales dropped 8% to $191.2 million, while flow instrumentation sales grew 6% on broad-based water and data center demand. Diluted earnings per share were $1.02, down 13% from $1.17 a year ago, and operating margin contracted 110 basis points to 17.7%. Management reaffirmed full-year 2026 organic revenue guidance of roughly flattish with 2025, with year-over-year growth heavily weighted to the fourth quarter, and highlighted increasing electronic component cost and availability pressures tied to AI and data center build-out.

Badger Meter shares fell more than 14% to about $125.22 on Wednesday after the company reported mixed second-quarter results. The company posted GAAP earnings per share of $1.02, beating estimates by $0.01, and revenue of $222.3 million, which exceeded consensus by $1.24 million, but revenue declined 6.6% year-over-year from $238.1 million and diluted EPS dropped from $1.17 a year earlier. Operating earnings fell 12% to $39.4 million, with the operating margin narrowing to 17.7% from 18.8%, while utility water sales declined 8% year-over-year, reflecting an uneven rollout of AMI projects. CEO Kenneth C. Bockhorst noted that second-quarter results reflected improving order rates from the first quarter as certain awarded utility water projects began initial deployment, and the company expects revenue to improve further in the second half of 2026, with full-year revenue excluding acquisitions roughly flat compared with 2025.

Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Badger Meter, Inc. in the United States District Court for the Southern District of New York on behalf of investors who purchased or acquired Badger Meter common stock between April 18, 2024 and April 16, 2026. The complaint alleges that during the class period, defendants misled investors by attributing strong financial results to favorable industry trends and solid execution, when in fact the results were driven by pulling forward customer orders, which concealed weakening demand. The truth emerged through a series of disappointing quarterly reports, culminating on April 17, 2026, when Badger Meter reported first-quarter 2026 total sales 9% lower than the prior year, utility water sales down 10% year-over-year, operating earnings of $35.2 million with a 17.4% margin compared to $49.4 million and 22.2% a year earlier, and diluted earnings per share of $0.93, down from $1.30. On that news, the stock fell $36.75 per share, or more than 24%, from $152.29 to $115.54. Investors have until August 3, 2026 to apply to the Court to be appointed as lead plaintiff.

Holzer & Holzer, LLC has announced upcoming deadlines for investors to seek lead plaintiff appointment in shareholder class action lawsuits against Badger Meter, Grail, and Verra Mobility. The Badger Meter lawsuit covers purchases between April 18, 2024 and April 16, 2026, with a lead plaintiff deadline of August 3, 2026. The Grail lawsuit covers purchases between May 13, 2025 and February 19, 2026, and the Verra Mobility lawsuit covers purchases between February 24, 2026 and May 26, 2026, both with a lead plaintiff deadline of August 4, 2026. Investors who suffered losses are encouraged to contact the firm.

Rosen Law Firm reminds purchasers of Badger Meter common stock between April 18, 2024 and April 16, 2026 of the August 3, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that throughout the class period, defendants made materially false and misleading statements about the drivers of Badger Meter's record financial results, demand for its products, and growth prospects, while concealing a practice of pulling forward customer orders to recognize revenue early, which weakened demand and depleted future revenue. When the true details emerged, investors allegedly suffered damages. Investors may be entitled to compensation through a contingency fee arrangement and can join the action by contacting the firm.

The Law Offices of Howard G. Smith reminds investors that securities fraud class action lawsuits have been filed against Badger Meter, PicS N.V., Verra Mobility Corporation, and Grail, Inc., with lead plaintiff deadlines approaching in early August 2026. For Badger Meter, the class period runs from April 18, 2024 to April 16, 2026, and the deadline is August 3, 2026; the complaint alleges the company pulled forward customer orders to recognize revenue early, concealing weakening demand. PicS N.V., whose class period covers its January 2026 IPO, faces an August 4, 2026 deadline, with allegations that offering documents failed to disclose deficient credit evaluation procedures and a reclassification of approximately R$590 million of exposures leading to an incremental expected credit loss charge of R$88 million. Verra Mobility's class period spans February 24, 2026 to May 26, 2026, with an August 4, 2026 deadline, and the complaint claims the company's growth outlook was dependent on a contract extension with Avis Budget while minimizing risks of replacement. Grail, Inc.'s class period is May 13, 2025 to February 19, 2026, also with an August 4, 2026 deadline, and the suit alleges management misplaced confidence in trial results and ignored data suggesting the primary endpoint might not be met. Investors who suffered losses can contact the firm to discuss their legal rights.

Glancy Prongay Wolke & Rotter LLP reminds Badger Meter, Inc. shareholders of the August 3, 2026 deadline to move for lead plaintiff in a class action covering stock purchased between April 18, 2024 and April 16, 2026. The suit alleges the company pulled forward customer orders to recognize revenue early, masking weakening demand and depleting future-period revenue, which made positive statements misleading. Three disclosures triggered sharp stock drops: a 16.5% fall on July 22, 2025 after below-consensus second-quarter results and a warning of sequential sales decline; an 11% drop on January 28, 2026 after missed fourth-quarter revenue and a 6% sequential decline in utility water sales; and a 24.1% plunge on April 17, 2026 after first-quarter 2026 results showed total sales down 9% year-over-year, utility water sales down 10%, operating margin contracting to 17.4% from 22.2%, and diluted EPS falling to $0.93 from $1.30.

The Portnoy Law Firm has announced a class action lawsuit on behalf of Badger Meter investors who purchased securities between April 18, 2024 and April 16, 2026. The lawsuit follows a more than 24% drop in Badger Meter shares on April 17, 2026, after the company reported first quarter 2026 sales of $202.3 million, a 9% decline from the prior year, and noted a 10% year-over-year drop in utility water sales. The complaint alleges that during the class period, defendants misrepresented the drivers of Badger Meter's record financial results and demand for its products, claiming strong industry trends and a robust order pipeline, while in reality the company was pulling forward customer orders to recognize revenue early, concealing weakening demand and depleting future revenue. Investors have until August 3, 2026 to file a lead plaintiff motion.

Faruqi & Faruqi, LLP reminds investors of the August 3, 2026 deadline to seek lead plaintiff appointment in a securities class action against Badger Meter, Inc. The lawsuit alleges the company and its executives made false and misleading statements about strong financial results, demand, and growth prospects between April 18, 2024 and April 16, 2026. A series of disclosures, including disappointing quarterly results and missed revenue expectations, caused Badger Meter's stock price to drop sharply. Investors who purchased or acquired Badger Meter stock during that period and suffered losses may be eligible to participate. The court-appointed lead plaintiff will direct the litigation on behalf of the class, but class members may also simply remain absent and still share in any recovery.

The Schall Law Firm reminds investors of a class action lawsuit against Badger Meter, Inc. for alleged securities fraud. The lawsuit covers investors who purchased Badger Meter securities between April 18, 2024 and April 16, 2026, with a lead plaintiff deadline of August 3, 2026. The complaint alleges the company made false and misleading statements about its financial performance, claiming growth was driven by secular trends and strong execution, while in reality it partially relied on pulling forward customer orders to recognize revenue early. When the market learned the truth, investors suffered damages.

Holzer & Holzer reminds investors of upcoming lead plaintiff deadlines in shareholder class action lawsuits against Badger Meter, Grail, and PicS. The Badger Meter suit, covering purchases between April 18, 2024 and April 16, 2026, has a deadline of August 3, 2026. The Grail case, for shares bought from May 13, 2025 to February 19, 2026, and the PicS case, related to its January 2026 IPO, both have an August 4, 2026 deadline. Investors who suffered losses are encouraged to contact the firm.

The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of Badger Meter, PicS, Verra Mobility, and Grail, with lead plaintiff deadlines approaching. For Badger Meter, the class period is April 18, 2024 to April 16, 2026, and the lead plaintiff deadline is July 27, 2026; the complaint alleges the company pulled forward customer orders to recognize revenue early, concealing weakening demand. For PicS, the class period is January 27, 2026 to June 5, 2026, with a deadline of August 4, 2026; the complaint alleges the offering documents misrepresented credit evaluation procedures and failed to disclose a heightened Stage 3 formation rate and other risks. For Verra Mobility, the class period is February 24, 2026 to May 26, 2026, and the deadline is August 4, 2026; the complaint alleges the company's growth plans were dependent on a contract extension with Avis Budget and that it minimized risks of replacement. For Grail, the class period is May 13, 2025 to February 19, 2026, with a deadline of August 4, 2026; the complaint alleges management's confidence in trial results ignored trendlines suggesting the primary endpoint would be harder to achieve. Investors who suffered losses can contact the firm to discuss their legal rights.

Bernstein Liebhard LLP announced that a securities fraud class action lawsuit has been filed against Badger Meter, Inc. on behalf of investors who purchased or acquired the company's common stock between April 18, 2024 and April 16, 2026. The lawsuit alleges that defendants made materially false and misleading statements about the company's business operations, growth prospects, and financial stability, causing the stock to trade at artificially inflated prices. Investors who wish to serve as lead plaintiff must file papers by August 3, 2026. The law firm states that all representation is on a contingency fee basis, with shareholders paying no fees or expenses.

Rosen Law Firm reminds purchasers of Badger Meter common stock between April 18, 2024 and April 16, 2026 of the August 3, 2026 lead plaintiff deadline in a securities class action. The lawsuit alleges that during the class period, defendants made false and misleading statements about the drivers of Badger Meter's record financial results, demand for its products, and growth prospects, while concealing that results were partly driven by pulling forward customer orders to recognize revenue early, which masked weakening demand and depleted future revenue. Investors who purchased shares during the class period may be entitled to compensation through a contingency fee arrangement without out-of-pocket costs. To join the class action or seek lead plaintiff appointment, investors must contact the firm before the deadline.

Kirby McInerney LLP reminds Badger Meter investors of the August 3, 2026 deadline to seek lead plaintiff status in a pending federal securities class action. The lawsuit, covering purchases from April 18, 2024 through April 16, 2026, alleges the company pulled forward customer orders to recognize revenue early, concealing weakening demand and depleting future revenue. Badger Meter's share price fell roughly 17% on July 22, 2025 after disappointing second-quarter results, another 11% on January 28, 2026 following fourth-quarter 2025 results, and approximately 24% on April 17, 2026 after first-quarter 2026 results showed a 9% total sales decline and diluted EPS of $0.93, down from $1.30 a year earlier. The firm states that courts regularly appoint individual investors as lead plaintiffs, not only institutions, and that the lead plaintiff may influence litigation strategy and settlement.

Glancy Prongay Wolke & Rotter LLP reminds investors of the August 3, 2026 deadline to file a lead plaintiff motion in a securities fraud class action against Badger Meter, Inc. The lawsuit covers investors who purchased Badger Meter common stock between April 18, 2024 and April 16, 2026. The complaint alleges the company made misleading statements and failed to disclose that its financial results were partly driven by pulling forward customer orders, which concealed weakening demand and depleted future revenue. Badger Meter's stock price fell sharply on multiple disclosures, including a 16.5% drop on July 22, 2025 after reporting below-consensus earnings, an 11% decline on January 28, 2026 after missing revenue expectations, and a 24.1% plunge on April 17, 2026 after revealing a 9% year-over-year sales decline and lower earnings.

Inspection instruments stocks reported a strong first quarter, with aggregate revenues missing analyst estimates by 0.5% but next-quarter revenue guidance coming in 2.5% above expectations. Itron posted revenues of $587 million, down 3.3% year-on-year but beating estimates by 2.6%, though it delivered the weakest guidance update among the five companies tracked. Viavi Solutions achieved the fastest revenue growth at 42.8% to $406.8 million, while Badger Meter saw revenues fall 9% to $202.3 million, missing estimates by 12.5%. Teledyne and Keysight also beat revenue expectations, with Teledyne reporting $1.56 billion and Keysight $1.72 billion.

Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Badger Meter on behalf of investors who purchased or acquired the company's common stock between April 18, 2024 and April 16, 2026. The complaint alleges that during this period, the company misled investors by attributing strong financial results to favorable industry trends and solid execution, when in fact the results were driven by pulling forward customer orders, which concealed weakening demand. The truth emerged through a series of disappointing quarterly reports, culminating on April 17, 2026, when Badger Meter reported first-quarter sales down 9% year-over-year, utility water sales down 10%, operating earnings of $35.2 million compared to $49.4 million a year earlier, and diluted earnings per share of $0.93, down from $1.30. On that news, the stock fell $36.75 per share, or more than 24%, from $152.29 to $115.54. Investors have until August 3, 2026 to apply to the court to be appointed lead plaintiff.

Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against Badger Meter and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased Badger Meter securities between April 18, 2024 and April 16, 2026, and claims the company made false and misleading statements about its financial results, demand environment, and growth prospects. The complaint alleges that reported strong results were unsustainable and that statements touting robust demand and a long growth runway lacked a reasonable basis. Investors have until August 3, 2026 to seek lead plaintiff appointment. The law firm is handling the case on a contingency fee basis.

Grabar Law Office is investigating claims on behalf of shareholders of Badger Meter, Navan, New Era Energy & Digital, and Power Solutions International. The investigations concern whether certain officers and directors of each company breached their fiduciary duties. For Badger Meter, the probe follows a federal securities class action alleging that the company attributed strong financial performance to sustainable demand while results were materially impacted by accelerated customer orders, masking weakening trends, with the truth emerging through disappointing quarterly announcements in 2025 and 2026. The Navan investigation focuses on whether its IPO offering documents omitted material information about decelerating revenue growth and increased sales and marketing spending. The New Era Energy & Digital investigation involves allegations of false statements about its Texas Critical Data Centers project, permitting progress, and related-party transactions, as well as a lawsuit by the New Mexico Attorney General alleging a fraudulent oil-and-gas scheme. The Power Solutions International investigation concerns claims that the company overstated its ability to capture data center market demand and understated the impact of manufacturing capacity enhancements. Current shareholders who acquired shares during the specified periods may seek corporate reforms and return of funds at no cost.

Levi & Korsinsky, LLP has issued a shareholder alert for a securities class action against Badger Meter, Inc., with a lead plaintiff deadline of August 3, 2026. The lawsuit covers investors who purchased BMI securities between April 18, 2024 and April 16, 2026, alleging that management made materially false or misleading statements about demand durability while record results were driven by backlog conditions. BMI shares fell more than 24%, losing $36.75 per share, after the final corrective disclosure on April 17, 2026, when the company acknowledged softer short-cycle municipal ordering and admitted demand variability had always existed but was previously obscured. Earlier disclosures on July 22, 2025 and January 28, 2026 caused additional declines of 16.5% and 11%, respectively. Investors may contact the firm for a free evaluation and can participate in any recovery without upfront costs.

The five inspection instruments stocks tracked by StockStory reported a strong first quarter, with aggregate revenues missing analyst consensus by 0.5% while next-quarter revenue guidance came in 2.5% above expectations. Keysight Technologies led with revenue of $1.72 billion, up 31.5% year-on-year and beating estimates by 0.8%, while also exceeding adjusted operating income and EPS guidance forecasts. Viavi Solutions posted the best quarter among peers, with revenue of $406.8 million up 42.8% year-on-year and a 3.5% beat, along with higher EPS guidance and EBITDA. Badger Meter was the weakest, with revenue of $202.3 million down 9% year-on-year and a 12.5% miss, missing on adjusted operating income and EPS. Teledyne reported revenue of $1.56 billion up 7.6% year-on-year and a 3% beat, while Itron posted revenue of $587 million down 3.3% year-on-year and a 2.6% beat, though Itron had the weakest guidance update among the group. On average, share prices of the tracked stocks are down 2.4% since their latest earnings results.

Grabar Law Office is investigating claims on behalf of long-term shareholders of Badger Meter, GeneDx Holdings, GRAIL, and Verra Mobility, concerning whether certain officers and directors breached their fiduciary duties. For Badger Meter, a recently filed federal securities class action alleges that the company attributed strong financial performance to sustainable demand-driven growth while results were materially impacted by pull-forward of customer orders, masking weakening demand trends, and the truth emerged through disappointing quarterly announcements in 2025 and 2026 that caused significant stock declines. For GeneDx, a securities fraud class action alleges that executives made false statements about the Fabric acquisition improving financials and creating efficiencies, when they knew of significant problems in Fabric's viability that would negatively impact the business. For GRAIL, a complaint alleges that officers misled investors about the likelihood that the NHS-Galleri cancer screening trial would meet its primary endpoint, and the stock fell more than 50% in a single day after the company announced on February 19, 2026 that the trial failed to achieve a statistically significant reduction in late-stage cancers. For Verra Mobility, a class action alleges that executives created a false impression about revenue outlook and contract renewals while minimizing risks, and the stock declined approximately 71% after the company announced on May 26, 2026 that it received a termination notice from Avis Budget Group and lowered its full-year 2026 financial outlook. Shareholders who purchased or acquired shares prior to specified dates and still hold them can seek corporate reforms and return of funds at no cost.