Will water infrastructure spending cuts hurt BMI stock? Water Sector LTP initiated coverage of Badger Meter, Inc. (NYSE:BMI), on 8/27/25 when the stock price was $188.40. BMI’s all-time high was $248.22 on 5/30/25. BMI stock closed at $245.22 on 7/21/25. The next day, BMI released a downbeat quarterly earnings (with especially disappointing earnings per share), and the stock price fell precipitously over the next two days to $189.22. The stock price today, at the close of 9
