BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

US BANCORP \DE\'s Holding History (CIK: 0000036104)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 26,468 Value ($000) $4,616 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 27,459 Value ($000) $4,904 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 27,559 Value ($000) $6,751 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 27,435 Value ($000) $5,220 Avg Close $207.21 Range $186.02 - $220.32

Q4 2024

Shares 27,597 Value ($000) $5,854 Avg Close $215.93 Range $191.24 - $237.30

Q3 2024

Shares 28,879 Value ($000) $6,307 Avg Close $198.39 Range $179.05 - $218.24

Q2 2024

Shares 29,706 Value ($000) $5,536 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 30,674 Value ($000) $4,963 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 30,681 Value ($000) $4,736 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 29,572 Value ($000) $4,255 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 31,929 Value ($000) $4,711 Avg Close $135.17 Range $115.31 - $153.46

Q1 2023

Shares 34,523 Value ($000) $4,206 Avg Close $114.59 Range $101.78 - $122.01

Q4 2022

Shares 34,977 Value ($000) $3,814 Avg Close $106.24 Range $86.17 - $118.04

Q3 2022

Shares 34,985 Value ($000) $3,232 Avg Close $90.56 Range $74.97 - $100.73

Q2 2022

Shares 35,868 Value ($000) $2,901 Avg Close $80.46 Range $71.38 - $99.86

Q1 2022

Shares 34,506 Value ($000) $3,440 Avg Close $95.17 Range $83.04 - $105.56

Q4 2021

Shares 35,194 Value ($000) $3,751 Avg Close $102.11 Range $96.04 - $109.06

Q3 2021

Shares 35,448 Value ($000) $3,585 Avg Close $98.92 Range $90.78 - $104.88

Q2 2021

Shares 35,958 Value ($000) $3,528 Avg Close $91.27 Range $86.18 - $96.71

Q1 2021

Shares 35,702 Value ($000) $3,324 Avg Close $97.10 Range $85.74 - $107.88

Q4 2020

Shares 36,599 Value ($000) $3,442 Avg Close $76.86 Range $62.46 - $92.51

Q3 2020

Shares 36,134 Value ($000) $2,363 Avg Close $61.29 Range $57.07 - $65.43

Q2 2020

Shares 36,950 Value ($000) $2,325 Avg Close $56.81 Range $44.94 - $65.20

Q1 2020

Shares 40,618 Value ($000) $2,178 Avg Close $58.14 Range $39.68 - $67.55

Q4 2019

Shares 42,389 Value ($000) $2,752 Avg Close $56.49 Range $48.19 - $63.55

Q3 2019

Shares 47,274 Value ($000) $2,539 Avg Close $51.19 Range $47.07 - $57.37

Q2 2019

Shares 49,243 Value ($000) $2,940 Avg Close $52.44 Range $48.74 - $57.18

Q1 2019

Shares 51,263 Value ($000) $2,853 Avg Close $52.46 Range $44.87 - $58.05

Q4 2018

Shares 71,330 Value ($000) $3,510 Avg Close $48.19 Range $44.03 - $53.86

Q3 2018

Shares 70,792 Value ($000) $3,748 Avg Close $48.82 Range $41.35 - $53.03

Q2 2018

Shares 72,275 Value ($000) $3,231 Avg Close $41.42 Range $38.33 - $44.31

Q1 2018

Shares 71,159 Value ($000) $3,355 Avg Close $45.15 Range $42.38 - $47.60

Q4 2017

Shares 80,302 Value ($000) $3,839 Avg Close $43.15 Range $39.05 - $48.44

Q3 2017

Shares 73,809 Value ($000) $3,616 Avg Close $41.26 Range $36.25 - $45.98

Q2 2017

Shares 71,224 Value ($000) $2,838 Avg Close $35.90 Range $32.59 - $38.55

Q1 2017

Shares 70,557 Value ($000) $2,593 Avg Close $33.94 Range $31.79 - $36.72

Q4 2016

Shares 65,908 Value ($000) $2,436 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 57,347 Value ($000) $1,921 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 28,008 Value ($000) $2,045 Avg Close $32.67 Range $28.96 - $35.93

Q1 2016

Shares 28,340 Value ($000) $1,885 Avg Close $28.14 Range $24.03 - $31.71

Q4 2015

Shares 28,161 Value ($000) $1,650 Avg Close $27.06 Range $25.07 - $28.21

Q3 2015

Shares 28,044 Value ($000) $1,629 Avg Close $26.82 Range $23.34 - $29.11

Q2 2015

Shares 36,387 Value ($000) $2,310 Avg Close $28.46 Range $26.44 - $29.77

Q1 2015

Shares 36,500 Value ($000) $2,188 Avg Close $26.24 Range $24.58 - $27.59

Q4 2014

Shares 36,367 Value ($000) $2,158 Avg Close $24.57 Range $21.25 - $27.36

Q3 2014

Shares 35,559 Value ($000) $1,794 Avg Close $22.93 Range $21.11 - $24.24

Q2 2014

Shares 35,599 Value ($000) $1,875 Avg Close $22.79 Range $20.66 - $25.32

Q1 2014

Shares 32,740 Value ($000) $1,803 Avg Close $23.48 Range $21.22 - $24.91

Q4 2013

Shares 31,008 Value ($000) $1,689 Avg Close $22.96 Range $19.78 - $24.97

Q3 2013

Shares 30,456 Value ($000) $1,417 Avg Close $20.70 Range $19.33 - $21.97

Q2 2013

Shares 30,007 Value ($000) $1,337 Avg Close $20.08 Range $18.35 - $23.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	26,468	$4,616	$179.79	$166.62 - $203.51
Q3 2025	27,459	$4,904	$195.98	$170.39 - $248.42
Q2 2025	27,559	$6,751	$225.32	$161.21 - $254.91
Q1 2025	27,435	$5,220	$207.21	$186.02 - $220.32
Q4 2024	27,597	$5,854	$215.93	$191.24 - $237.30
Q3 2024	28,879	$6,307	$198.39	$179.05 - $218.24
Q2 2024	29,706	$5,536	$180.48	$149.35 - $200.63
Q1 2024	30,674	$4,963	$151.60	$137.57 - $162.82
Q4 2023	30,681	$4,736	$143.50	$131.97 - $156.28
Q3 2023	29,572	$4,255	$155.35	$136.32 - $167.91
Q2 2023	31,929	$4,711	$135.17	$115.31 - $153.46
Q1 2023	34,523	$4,206	$114.59	$101.78 - $122.01
Q4 2022	34,977	$3,814	$106.24	$86.17 - $118.04
Q3 2022	34,985	$3,232	$90.56	$74.97 - $100.73
Q2 2022	35,868	$2,901	$80.46	$71.38 - $99.86
Q1 2022	34,506	$3,440	$95.17	$83.04 - $105.56
Q4 2021	35,194	$3,751	$102.11	$96.04 - $109.06
Q3 2021	35,448	$3,585	$98.92	$90.78 - $104.88
Q2 2021	35,958	$3,528	$91.27	$86.18 - $96.71
Q1 2021	35,702	$3,324	$97.10	$85.74 - $107.88
Q4 2020	36,599	$3,442	$76.86	$62.46 - $92.51
Q3 2020	36,134	$2,363	$61.29	$57.07 - $65.43
Q2 2020	36,950	$2,325	$56.81	$44.94 - $65.20
Q1 2020	40,618	$2,178	$58.14	$39.68 - $67.55
Q4 2019	42,389	$2,752	$56.49	$48.19 - $63.55
Q3 2019	47,274	$2,539	$51.19	$47.07 - $57.37
Q2 2019	49,243	$2,940	$52.44	$48.74 - $57.18
Q1 2019	51,263	$2,853	$52.46	$44.87 - $58.05
Q4 2018	71,330	$3,510	$48.19	$44.03 - $53.86
Q3 2018	70,792	$3,748	$48.82	$41.35 - $53.03
Q2 2018	72,275	$3,231	$41.42	$38.33 - $44.31
Q1 2018	71,159	$3,355	$45.15	$42.38 - $47.60
Q4 2017	80,302	$3,839	$43.15	$39.05 - $48.44
Q3 2017	73,809	$3,616	$41.26	$36.25 - $45.98
Q2 2017	71,224	$2,838	$35.90	$32.59 - $38.55
Q1 2017	70,557	$2,593	$33.94	$31.79 - $36.72
Q4 2016	65,908	$2,436	$32.11	$26.91 - $36.08
Q3 2016	57,347	$1,921	$31.66	$29.30 - $34.60
Q2 2016	28,008	$2,045	$32.67	$28.96 - $35.93
Q1 2016	28,340	$1,885	$28.14	$24.03 - $31.71
Q4 2015	28,161	$1,650	$27.06	$25.07 - $28.21
Q3 2015	28,044	$1,629	$26.82	$23.34 - $29.11
Q2 2015	36,387	$2,310	$28.46	$26.44 - $29.77
Q1 2015	36,500	$2,188	$26.24	$24.58 - $27.59
Q4 2014	36,367	$2,158	$24.57	$21.25 - $27.36
Q3 2014	35,559	$1,794	$22.93	$21.11 - $24.24
Q2 2014	35,599	$1,875	$22.79	$20.66 - $25.32
Q1 2014	32,740	$1,803	$23.48	$21.22 - $24.91
Q4 2013	31,008	$1,689	$22.96	$19.78 - $24.97
Q3 2013	30,456	$1,417	$20.70	$19.33 - $21.97
Q2 2013	30,007	$1,337	$20.08	$18.35 - $23.78