Follow-The-Filings

Security

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Badger Meter Inc. · COM

Equity holders as of 2026 Q1 (each manager’s latest book)

14 owners 1 new max 0.2% (Terry Smith - Fundsmith LLP)

grid → activity →
owners 14
max % 0.2%
tracked value $1B
qoq N 1 A 9 R 2

holders

sorted by % of portfolio · long equity only

manager % port activity shares value history
Terry Smith - Fundsmith LLP 2026 Q1 0.2% New 0.2% 142,491 $22M hist
Mairs & Power Inc. 2026 Q1 0.2% Add -0.01 pp 104,815 $16M hist
Ron Baron - Bamco Inc. /NY/ (Baron Capital) 2026 Q1 0.1% Add 0.00 pp 312,213 $48M hist
Marshall Wace - Marshall Wace, LLP 2026 Q1 0.1% Add +0.03 pp 506,690 $77M hist
Renaissance Technologies LLC 2026 Q1 0.1% Add +0.01 pp 199,200 $30M hist
Vanguard Group Inc. 2025 Q4 stale 0.0% Add 0.00 pp 3,979,893 $694M hist
Norges Bank 2025 Q4 stale 0.0% Exit -0.01 pp 480,588 $84M hist
Israel Englander - Millennium Management LLC 2026 Q1 0.0% Reduce 0.00 pp 126,098 $19M hist
Natixis Advisors, LLC 2026 Q1 0.0% Add 0.00 pp 43,014 $7M hist
Two Sigma Investments, LP 2025 Q4 stale 0.0% Exit -0.01 pp 32,158 $6M hist
Cliff Asness - Aqr Capital Management LLC 2026 Q1 0.0% Add 0.00 pp 46,067 $7M hist
Ken Griffin - Citadel Advisors LLC 2026 Q1 0.0% Add 0.00 pp 40,038 $6M hist
D. E. Shaw & Co., Inc. 2026 Q1 0.0% Reduce 0.00 pp 36,070 $5M hist
Joel Greenblatt - Gotham Asset Management, LLC 2026 Q1 0.0% Add 0.00 pp 5,191 $791 hist

14 current · options excluded

financials

US-GAAP annual · as tagged in Form 10-K · fiscal years · values link to the SEC filing

Income statement

Metric FY2023 FY2024 FY2025
Revenue $159.1M $196.28M $222.21M
Gross profit $62.82M $77.18M $95.44M
Gross margin * 39.5% 39.3% 42.9%
Net income $19.42M $29.13M $38.4M
Net margin * 12.2% 14.8% 17.3%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $442.18M $540.12M $507.08M
Total non-current assets * $274.74M $276.3M $466.5M
Total assets $716.92M $816.41M $973.58M
Total current liabilities $131.95M $118.2M $150.72M
Total non-current liabilities — $91.98M $109.57M
Total equity $516.48M $606.23M $713.29M

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations $110.12M $155.03M $183.7M
Cash from investing -$29.13M -$15.82M -$198.05M
Cash from financing -$28.08M -$35.1M -$57.98M
Net change in cash $53.73M $103.52M -$69.29M

Source: SEC companyfacts (US-GAAP 10-K) · * = computed (not a single XBRL tag) · fiscal year as labeled by the issuer · not adjusted or audited by Follow-The-Filings

ownership over time

filing count by report period · click a bar for that quarter’s holders