BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

DIMENSIONAL FUND ADVISORS LP's Holding History (CIK: 0000354204)

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

Q4 2025

Shares 510,649 Value ($000) $89,069 Avg Close $179.79 Range $166.62 - $203.51

Q3 2025

Shares 463,182 Value ($000) $82,711 Avg Close $195.98 Range $170.39 - $248.42

Q2 2025

Shares 475,166 Value ($000) $116,395 Avg Close $225.32 Range $161.21 - $254.91

Q1 2025

Shares 517,462 Value ($000) $98,444 Avg Close $207.21 Range $186.02 - $220.32

Q4 2024

Shares 525,514 Value ($000) $111,476 Avg Close $215.93 Range $191.24 - $237.30

Q3 2024

Shares 564,291 Value ($000) $123,244 Avg Close $198.39 Range $179.05 - $218.24

Q2 2024

Shares 606,654 Value ($000) $113,050 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 663,335 Value ($000) $107,334 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 694,134 Value ($000) $107,155 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 764,512 Value ($000) $110,005 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 774,640 Value ($000) $114,306 Avg Close $135.17 Range $115.31 - $153.46

Q1 2023

Shares 803,895 Value ($000) $97,928 Avg Close $114.59 Range $101.78 - $122.01

Q4 2022

Shares 840,289 Value ($000) $92 Avg Close $106.24 Range $86.17 - $118.04

Q3 2022

Shares 841,488 Value ($000) $77,748 Avg Close $90.56 Range $74.97 - $100.73

Q2 2022

Shares 842,835 Value ($000) $68,174 Avg Close $80.46 Range $71.38 - $99.86

Q1 2022

Shares 852,990 Value ($000) $85,052 Avg Close $95.17 Range $83.04 - $105.56

Q4 2021

Shares 868,438 Value ($000) $92,539 Avg Close $102.11 Range $96.04 - $109.06

Q3 2021

Shares 892,604 Value ($000) $90,285 Avg Close $98.92 Range $90.78 - $104.88

Q2 2021

Shares 900,154 Value ($000) $88,324 Avg Close $91.27 Range $86.18 - $96.71

Q1 2021

Shares 911,426 Value ($000) $84,828 Avg Close $97.10 Range $85.74 - $107.88

Q4 2020

Shares 971,627 Value ($000) $91,390 Avg Close $76.86 Range $62.46 - $92.51

Q3 2020

Shares 1,023,340 Value ($000) $66,896 Avg Close $61.29 Range $57.07 - $65.43

Q2 2020

Shares 1,119,084 Value ($000) $70,410 Avg Close $56.81 Range $44.94 - $65.20

Q1 2020

Shares 1,148,401 Value ($000) $61,554 Avg Close $58.14 Range $39.68 - $67.55

Q4 2019

Shares 1,163,002 Value ($000) $75,515 Avg Close $56.49 Range $48.19 - $63.55

Q3 2019

Shares 1,174,206 Value ($000) $63,055 Avg Close $51.19 Range $47.07 - $57.37

Q2 2019

Shares 1,179,174 Value ($000) $70,385 Avg Close $52.44 Range $48.74 - $57.18

Q1 2019

Shares 1,179,500 Value ($000) $65,627 Avg Close $52.46 Range $44.87 - $58.05

Q4 2018

Shares 1,163,009 Value ($000) $57,231 Avg Close $48.19 Range $44.03 - $53.86

Q3 2018

Shares 1,140,117 Value ($000) $60,369 Avg Close $48.82 Range $41.35 - $53.03

Q2 2018

Shares 1,137,106 Value ($000) $50,828 Avg Close $41.42 Range $38.33 - $44.31

Q1 2018

Shares 1,121,341 Value ($000) $52,871 Avg Close $45.15 Range $42.38 - $47.60

Q4 2017

Shares 1,118,953 Value ($000) $53,487 Avg Close $43.15 Range $39.05 - $48.44

Q3 2017

Shares 1,118,329 Value ($000) $54,798 Avg Close $41.26 Range $36.25 - $45.98

Q2 2017

Shares 1,127,376 Value ($000) $44,926 Avg Close $35.90 Range $32.59 - $38.55

Q1 2017

Shares 1,116,664 Value ($000) $41,037 Avg Close $33.94 Range $31.79 - $36.72

Q4 2016

Shares 1,087,438 Value ($000) $40,181 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 1,079,208 Value ($000) $36,164 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 532,704 Value ($000) $38,902 Avg Close $32.67 Range $28.96 - $35.93

Q1 2016

Shares 529,109 Value ($000) $35,191 Avg Close $28.14 Range $24.03 - $31.71

Q4 2015

Shares 512,182 Value ($000) $30,010 Avg Close $27.06 Range $25.07 - $28.21

Q3 2015

Shares 502,670 Value ($000) $29,185 Avg Close $26.82 Range $23.34 - $29.11

Q2 2015

Shares 481,537 Value ($000) $30,573 Avg Close $28.46 Range $26.44 - $29.77

Q1 2015

Shares 475,487 Value ($000) $28,501 Avg Close $26.24 Range $24.58 - $27.59

Q4 2014

Shares 453,518 Value ($000) $26,917 Avg Close $24.57 Range $21.25 - $27.36

Q3 2014

Shares 436,386 Value ($000) $22,016 Avg Close $22.93 Range $21.11 - $24.24

Q2 2014

Shares 421,850 Value ($000) $22,211 Avg Close $22.79 Range $20.66 - $25.32

Q1 2014

Shares 397,459 Value ($000) $21,899 Avg Close $23.48 Range $21.22 - $24.91

Q4 2013

Shares 388,209 Value ($000) $21,158 Avg Close $22.96 Range $19.78 - $24.97

Q3 2013

Shares 382,194 Value ($000) $17,772 Avg Close $20.70 Range $19.33 - $21.97

Q2 2013

Shares 386,322 Value ($000) $17,211 Avg Close $20.08 Range $18.35 - $23.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	510,649	$89,069	$179.79	$166.62 - $203.51
Q3 2025	463,182	$82,711	$195.98	$170.39 - $248.42
Q2 2025	475,166	$116,395	$225.32	$161.21 - $254.91
Q1 2025	517,462	$98,444	$207.21	$186.02 - $220.32
Q4 2024	525,514	$111,476	$215.93	$191.24 - $237.30
Q3 2024	564,291	$123,244	$198.39	$179.05 - $218.24
Q2 2024	606,654	$113,050	$180.48	$149.35 - $200.63
Q1 2024	663,335	$107,334	$151.60	$137.57 - $162.82
Q4 2023	694,134	$107,155	$143.50	$131.97 - $156.28
Q3 2023	764,512	$110,005	$155.35	$136.32 - $167.91
Q2 2023	774,640	$114,306	$135.17	$115.31 - $153.46
Q1 2023	803,895	$97,928	$114.59	$101.78 - $122.01
Q4 2022	840,289	$92	$106.24	$86.17 - $118.04
Q3 2022	841,488	$77,748	$90.56	$74.97 - $100.73
Q2 2022	842,835	$68,174	$80.46	$71.38 - $99.86
Q1 2022	852,990	$85,052	$95.17	$83.04 - $105.56
Q4 2021	868,438	$92,539	$102.11	$96.04 - $109.06
Q3 2021	892,604	$90,285	$98.92	$90.78 - $104.88
Q2 2021	900,154	$88,324	$91.27	$86.18 - $96.71
Q1 2021	911,426	$84,828	$97.10	$85.74 - $107.88
Q4 2020	971,627	$91,390	$76.86	$62.46 - $92.51
Q3 2020	1,023,340	$66,896	$61.29	$57.07 - $65.43
Q2 2020	1,119,084	$70,410	$56.81	$44.94 - $65.20
Q1 2020	1,148,401	$61,554	$58.14	$39.68 - $67.55
Q4 2019	1,163,002	$75,515	$56.49	$48.19 - $63.55
Q3 2019	1,174,206	$63,055	$51.19	$47.07 - $57.37
Q2 2019	1,179,174	$70,385	$52.44	$48.74 - $57.18
Q1 2019	1,179,500	$65,627	$52.46	$44.87 - $58.05
Q4 2018	1,163,009	$57,231	$48.19	$44.03 - $53.86
Q3 2018	1,140,117	$60,369	$48.82	$41.35 - $53.03
Q2 2018	1,137,106	$50,828	$41.42	$38.33 - $44.31
Q1 2018	1,121,341	$52,871	$45.15	$42.38 - $47.60
Q4 2017	1,118,953	$53,487	$43.15	$39.05 - $48.44
Q3 2017	1,118,329	$54,798	$41.26	$36.25 - $45.98
Q2 2017	1,127,376	$44,926	$35.90	$32.59 - $38.55
Q1 2017	1,116,664	$41,037	$33.94	$31.79 - $36.72
Q4 2016	1,087,438	$40,181	$32.11	$26.91 - $36.08
Q3 2016	1,079,208	$36,164	$31.66	$29.30 - $34.60
Q2 2016	532,704	$38,902	$32.67	$28.96 - $35.93
Q1 2016	529,109	$35,191	$28.14	$24.03 - $31.71
Q4 2015	512,182	$30,010	$27.06	$25.07 - $28.21
Q3 2015	502,670	$29,185	$26.82	$23.34 - $29.11
Q2 2015	481,537	$30,573	$28.46	$26.44 - $29.77
Q1 2015	475,487	$28,501	$26.24	$24.58 - $27.59
Q4 2014	453,518	$26,917	$24.57	$21.25 - $27.36
Q3 2014	436,386	$22,016	$22.93	$21.11 - $24.24
Q2 2014	421,850	$22,211	$22.79	$20.66 - $25.32
Q1 2014	397,459	$21,899	$23.48	$21.22 - $24.91
Q4 2013	388,209	$21,158	$22.96	$19.78 - $24.97
Q3 2013	382,194	$17,772	$20.70	$19.33 - $21.97
Q2 2013	386,322	$17,211	$20.08	$18.35 - $23.78