BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

PRICE T ROWE ASSOCIATES INC /MD/'s Holding History (CIK: 0000080255)

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

Q4 2025

Shares 249,620 Value ($000) $44 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 245,991 Value ($000) $44 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 258,815 Value ($000) $63 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 257,863 Value ($000) $49 Avg Close $207.21 Range $186.02 - $220.32

Q4 2024

Shares 256,217 Value ($000) $54 Avg Close $215.93 Range $191.24 - $237.30

Q3 2024

Shares 90,026 Value ($000) $20 Avg Close $198.39 Range $179.05 - $218.24

Q2 2024

Shares 63,237 Value ($000) $12 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 62,769 Value ($000) $10 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 61,667 Value ($000) $10 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 59,844 Value ($000) $9 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 83,860 Value ($000) $12 Avg Close $135.17 Range $115.31 - $153.46

Q1 2023

Shares 84,094 Value ($000) $10 Avg Close $114.59 Range $101.78 - $122.01

Q4 2022

Shares 82,647 Value ($000) $9 Avg Close $106.24 Range $86.17 - $118.04

Q3 2022

Shares 76,362 Value ($000) $7,056 Avg Close $90.56 Range $74.97 - $100.73

Q2 2022

Shares 200,779 Value ($000) $16,241 Avg Close $80.46 Range $71.38 - $99.86

Q1 2022

Shares 116,018 Value ($000) $11,568 Avg Close $95.17 Range $83.04 - $105.56

Q4 2021

Shares 50,323 Value ($000) $5,362 Avg Close $102.11 Range $96.04 - $109.06

Q3 2021

Shares 44,888 Value ($000) $4,540 Avg Close $98.92 Range $90.78 - $104.88

Q2 2021

Shares 11,654 Value ($000) $1,143 Avg Close $91.27 Range $86.18 - $96.71

Q1 2021

Shares 11,172 Value ($000) $1,040 Avg Close $97.10 Range $85.74 - $107.88

Q4 2020

Shares 10,367 Value ($000) $975 Avg Close $76.86 Range $62.46 - $92.51

Q3 2020

Shares 12,901 Value ($000) $843 Avg Close $61.29 Range $57.07 - $65.43

Q2 2020

Shares 55,378 Value ($000) $3,484 Avg Close $56.81 Range $44.94 - $65.20

Q1 2020

Shares 56,132 Value ($000) $3,009 Avg Close $58.14 Range $39.68 - $67.55

Q4 2019

Shares 54,152 Value ($000) $3,516 Avg Close $56.49 Range $48.19 - $63.55

Q3 2019

Shares 695,392 Value ($000) $37,343 Avg Close $51.19 Range $47.07 - $57.37

Q2 2019

Shares 347,920 Value ($000) $20,767 Avg Close $52.44 Range $48.74 - $57.18

Q1 2019

Shares 90,847 Value ($000) $5,055 Avg Close $52.46 Range $44.87 - $58.05

Q4 2018

Shares 89,977 Value ($000) $4,428 Avg Close $48.19 Range $44.03 - $53.86

Q3 2018

Shares 137,173 Value ($000) $7,263 Avg Close $48.82 Range $41.35 - $53.03

Q2 2018

Shares 197,405 Value ($000) $8,824 Avg Close $41.42 Range $38.33 - $44.31

Q1 2018

Shares 742,258 Value ($000) $34,997 Avg Close $45.15 Range $42.38 - $47.60

Q4 2017

Shares 1,041,957 Value ($000) $49,806 Avg Close $43.15 Range $39.05 - $48.44

Q3 2017

Shares 1,145,272 Value ($000) $56,118 Avg Close $41.26 Range $36.25 - $45.98

Q2 2017

Shares 1,162,640 Value ($000) $46,331 Avg Close $35.90 Range $32.59 - $38.55

Q1 2017

Shares 1,162,540 Value ($000) $42,723 Avg Close $33.94 Range $31.79 - $36.72

Q4 2016

Shares 1,238,677 Value ($000) $45,769 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 2,109,808 Value ($000) $70,700 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 1,835,009 Value ($000) $134,011 Avg Close $32.67 Range $28.96 - $35.93

Q1 2016

Shares 1,850,829 Value ($000) $123,099 Avg Close $28.14 Range $24.03 - $31.71

Q4 2015

Shares 1,800,476 Value ($000) $105,490 Avg Close $27.06 Range $25.07 - $28.21

Q3 2015

Shares 1,770,925 Value ($000) $102,820 Avg Close $26.82 Range $23.34 - $29.11

Q2 2015

Shares 1,210,306 Value ($000) $76,842 Avg Close $28.46 Range $26.44 - $29.77

Q1 2015

Shares 875,910 Value ($000) $52,502 Avg Close $26.24 Range $24.58 - $27.59

Q4 2014

Shares 847,286 Value ($000) $50,286 Avg Close $24.57 Range $21.25 - $27.36

Q3 2014

Shares 806,610 Value ($000) $40,693 Avg Close $22.93 Range $21.11 - $24.24

Q2 2014

Shares 776,070 Value ($000) $40,860 Avg Close $22.79 Range $20.66 - $25.32

Q1 2014

Shares 769,540 Value ($000) $42,402 Avg Close $23.48 Range $21.22 - $24.91

Q4 2013

Shares 768,340 Value ($000) $41,875 Avg Close $22.96 Range $19.78 - $24.97

Q3 2013

Shares 768,250 Value ($000) $35,724 Avg Close $20.70 Range $19.33 - $21.97

Q2 2013

Shares 767,350 Value ($000) $34,185 Avg Close $20.08 Range $18.35 - $23.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	249,620	$44	$179.79	$166.62 - $203.51
Q3 2025	245,991	$44	$195.98	$170.39 - $248.42
Q2 2025	258,815	$63	$225.32	$161.21 - $254.91
Q1 2025	257,863	$49	$207.21	$186.02 - $220.32
Q4 2024	256,217	$54	$215.93	$191.24 - $237.30
Q3 2024	90,026	$20	$198.39	$179.05 - $218.24
Q2 2024	63,237	$12	$180.48	$149.35 - $200.63
Q1 2024	62,769	$10	$151.60	$137.57 - $162.82
Q4 2023	61,667	$10	$143.50	$131.97 - $156.28
Q3 2023	59,844	$9	$155.35	$136.32 - $167.91
Q2 2023	83,860	$12	$135.17	$115.31 - $153.46
Q1 2023	84,094	$10	$114.59	$101.78 - $122.01
Q4 2022	82,647	$9	$106.24	$86.17 - $118.04
Q3 2022	76,362	$7,056	$90.56	$74.97 - $100.73
Q2 2022	200,779	$16,241	$80.46	$71.38 - $99.86
Q1 2022	116,018	$11,568	$95.17	$83.04 - $105.56
Q4 2021	50,323	$5,362	$102.11	$96.04 - $109.06
Q3 2021	44,888	$4,540	$98.92	$90.78 - $104.88
Q2 2021	11,654	$1,143	$91.27	$86.18 - $96.71
Q1 2021	11,172	$1,040	$97.10	$85.74 - $107.88
Q4 2020	10,367	$975	$76.86	$62.46 - $92.51
Q3 2020	12,901	$843	$61.29	$57.07 - $65.43
Q2 2020	55,378	$3,484	$56.81	$44.94 - $65.20
Q1 2020	56,132	$3,009	$58.14	$39.68 - $67.55
Q4 2019	54,152	$3,516	$56.49	$48.19 - $63.55
Q3 2019	695,392	$37,343	$51.19	$47.07 - $57.37
Q2 2019	347,920	$20,767	$52.44	$48.74 - $57.18
Q1 2019	90,847	$5,055	$52.46	$44.87 - $58.05
Q4 2018	89,977	$4,428	$48.19	$44.03 - $53.86
Q3 2018	137,173	$7,263	$48.82	$41.35 - $53.03
Q2 2018	197,405	$8,824	$41.42	$38.33 - $44.31
Q1 2018	742,258	$34,997	$45.15	$42.38 - $47.60
Q4 2017	1,041,957	$49,806	$43.15	$39.05 - $48.44
Q3 2017	1,145,272	$56,118	$41.26	$36.25 - $45.98
Q2 2017	1,162,640	$46,331	$35.90	$32.59 - $38.55
Q1 2017	1,162,540	$42,723	$33.94	$31.79 - $36.72
Q4 2016	1,238,677	$45,769	$32.11	$26.91 - $36.08
Q3 2016	2,109,808	$70,700	$31.66	$29.30 - $34.60
Q2 2016	1,835,009	$134,011	$32.67	$28.96 - $35.93
Q1 2016	1,850,829	$123,099	$28.14	$24.03 - $31.71
Q4 2015	1,800,476	$105,490	$27.06	$25.07 - $28.21
Q3 2015	1,770,925	$102,820	$26.82	$23.34 - $29.11
Q2 2015	1,210,306	$76,842	$28.46	$26.44 - $29.77
Q1 2015	875,910	$52,502	$26.24	$24.58 - $27.59
Q4 2014	847,286	$50,286	$24.57	$21.25 - $27.36
Q3 2014	806,610	$40,693	$22.93	$21.11 - $24.24
Q2 2014	776,070	$40,860	$22.79	$20.66 - $25.32
Q1 2014	769,540	$42,402	$23.48	$21.22 - $24.91
Q4 2013	768,340	$41,875	$22.96	$19.78 - $24.97
Q3 2013	768,250	$35,724	$20.70	$19.33 - $21.97
Q2 2013	767,350	$34,185	$20.08	$18.35 - $23.78