Badger Meter, Inc. (NYSE:BMI) is included among the 12 Best Long Term US Stocks to Buy Now. Jefferies Initiates Badger Meter (BMI) with Buy Rating as Smart Water Demand Stays Intact Image by Steve Buissinne from Pixabay On December 12, Jefferies initiated coverage of Badger Meter, Inc. (NYSE:BMI) with a Buy rating and a $220 price target. The firm described Badger Meter as a leader in smart water metering and said the recent slowdown in growth stems from tough comparisons and a higher base. It is not a ...

Core Points - Badger Meter, Inc. declared a regular quarterly cash dividend of $0.40 per share, marking an 18% increase from the previous $0.34 per share, payable on December 5, 2025 [1][12] - The Board approved a new share repurchase authorization for up to $75 million of the Company's outstanding common stock through November 30, 2028, replacing the previous authorization [2][3] - The company has a history of returning capital to shareholders, with 33 consecutive years of dividend growth, and aims to enhance long-term shareholder value through opportunistic buybacks [4] Financial Performance - For the third quarter of 2025, Badger Meter reported total sales of $235.7 million, a 13% increase from $208.4 million in the prior year [8] - Base sales reached $224.5 million, reflecting an 8% year-over-year increase, while operating earnings rose 13% to $46.1 million [8] Business Strategy - The company emphasizes a disciplined capital allocation framework, which has historically benefited both the company and its shareholders [4] - The new share repurchase program allows for flexibility in purchasing shares based on market conditions and other factors [3]