Argus Research Downgrades Badger Meter, Inc. (BMI) as Seaport Research Trims Price Target

Core Insights - Badger Meter, Inc. (NYSE:BMI) is recognized as one of the 13 Best Long Term Low Risk Stocks to Buy Now [1] - Recent analyst actions include a downgrade from Buy to Hold by Argus Research and a price target reduction from $255 to $220 by Seaport Research, although the latter maintains a Buy rating [2] Financial Performance - In Q4 2025, Badger Meter reported sales of $221 million, an 8% increase year-over-year, with base sales growth of 2% [4] - Operating profit margins improved by 40 basis points to 19.5%, while base operating earnings rose 9% year-over-year, lifting base operating margins by 140 basis points to 20.5% [4] - Gross margins expanded by 180 basis points to 42.1% compared to 40.3% a year earlier [4] Business Developments - The company experienced strong customer demand for its cellular AMI solution and is making progress with the SmartCover addition to its BlueEdge smart water management platform [3] - Winning the PRASA AMI project in Puerto Rico has strengthened the company's market position and supports its long-term growth outlook [3]