Dundas Partners LLP Reduces Stake in Badger Meter, Inc.

Institutional investor trims position in scientific instruments company by over 90%

Published on Mar. 9, 2026

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Dundas Partners LLP, an investment management firm, decreased its stake in Badger Meter, Inc. (NYSE:BMI) by 90.8% during the third quarter, according to a recent SEC filing. The firm now owns just 773 shares of the scientific and technical instruments company, down from a previous holding of 7,671 shares.

Why it matters

Badger Meter is a leading manufacturer of water meters and flow control solutions for municipal and industrial utilities. The reduction in Dundas Partners' position could signal a shift in investor sentiment around the company's prospects, though the overall institutional ownership remains high at over 89%.

The details

According to the filing, Dundas Partners sold 7,671 shares of Badger Meter during the third quarter, leaving the firm with a much smaller position of just 773 shares. The value of Dundas Partners' remaining stake in Badger Meter was approximately $138,000 at the end of the reporting period.

  • Dundas Partners reduced its Badger Meter holdings during the 3rd quarter of 2026.

The players

Dundas Partners LLP

An investment management firm that previously held a larger stake in Badger Meter, Inc.

Badger Meter, Inc.

A global leader in flow measurement and control solutions, including water meters and control valves for municipal and industrial utilities.

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The takeaway

The reduction in Dundas Partners' position in Badger Meter is noteworthy, but the company still maintains strong institutional ownership overall. Investors will be watching to see if this signals a broader shift in sentiment around Badger Meter's prospects or if it was an isolated portfolio adjustment by one firm.