SCHEDULE 13G/A: BlackRock Amends Passive Stake in Badger Meter, Holding 16.3% of Common Stock
Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, disclosing a continued passive beneficial ownership of 16.3% of Badger Meter Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 4,781,376 shares of Badger Meter Inc. common stock.
- This represents 16.3% of the total outstanding common stock of Badger Meter Inc.
- BlackRock, Inc. holds sole voting power over 4,740,661 shares and sole dispositive power over 4,781,376 shares.
- The filing is an Amendment No. 5 to Schedule 13G, indicating a passive investment stance under Rule 13d-1(b).
- One of BlackRock's entities, iShares Core S&P Small-Cap ETF, is noted to have an interest exceeding 5% of Badger Meter Inc.'s common stock.
- BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., beneficially owns 5% or greater of the outstanding shares of Badger Meter Inc.'s common stock.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of ownership, presenting neutral information without explicit positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- The disclosure confirms a significant and stable institutional ownership stake by BlackRock, a major global asset manager, which can be viewed positively by other investors.
- BlackRock's certification states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, indicating a passive, long-term investment perspective.
Risks
- The filing itself does not detail risks related to Badger Meter Inc.'s operations or financial health, as it is solely an ownership disclosure.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding Badger Meter Inc.'s future performance or BlackRock's investment strategy beyond its passive nature.
Industry Context
This filing is a routine disclosure by a large institutional investor, BlackRock, Inc., detailing its passive ownership stake in Badger Meter Inc. It reflects BlackRock's standard practice of reporting significant holdings in publicly traded companies, consistent with its role as a major asset manager across various industries.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder, confirming BlackRock's continued substantial, passive investment in Badger Meter Inc.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of the previously revoked Power of Attorney. |
| 2025-01-21 | Date of the new Power of Attorney executed by BlackRock, Inc. |
| 2025-03-31 | Date of event which required the filing of this statement (measurement date for ownership). |
| 2025-04-30 | Date the Schedule 13G Amendment No. 5 was signed and filed. |
Keywords
BlackRock, Badger Meter Inc., Schedule 13G, Ownership Disclosure, Institutional Investor, Common Stock, Passive Investment, Asset Management, SEC Filing, Shareholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.