BADGER METER INC

Ticker: BMI CUSIP: 056525108 Class: EQTY

NORGES BANK's Holding History (CIK: 0001374170)

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

Q4 2025

Shares 480,588 Value ($000) $83,819 Avg Close $179.79 Range $166.62 - $203.51

Q2 2025

Shares 341,082 Value ($000) $83,548 Avg Close $225.32 Range $161.21 - $254.91

Q4 2024

Shares 445,723 Value ($000) $94,547 Avg Close $215.93 Range $191.24 - $237.30

Q3 2024

Shares 437,498 Value ($000) $95,554 Avg Close $198.39 Range $179.05 - $218.24

Q2 2024

Shares 332,549 Value ($000) $61,971 Avg Close $180.48 Range $149.35 - $200.63

Q1 2024

Shares 323,766 Value ($000) $52,389 Avg Close $151.60 Range $137.57 - $162.82

Q4 2023

Shares 306,789 Value ($000) $47,359 Avg Close $143.50 Range $131.97 - $156.28

Q3 2023

Shares 298,220 Value ($000) $42,905 Avg Close $155.35 Range $136.32 - $167.91

Q2 2023

Shares 298,220 Value ($000) $44,005 Avg Close $135.17 Range $115.31 - $153.46

Q1 2023

Shares 291,639 Value ($000) $35,527 Avg Close $114.59 Range $101.78 - $122.01

Q4 2022

Shares 279,370 Value ($000) $30,460 Avg Close $106.24 Range $86.17 - $118.04

Q3 2022

Shares 159,304 Value ($000) $14,718 Avg Close $90.56 Range $74.97 - $100.73

Q2 2022

Shares 257,604 Value ($000) $20,838 Avg Close $80.46 Range $71.38 - $99.86

Q1 2022

Shares 243,875 Value ($000) $24,317 Avg Close $95.17 Range $83.04 - $105.56

Q4 2021

Shares 239,710 Value ($000) $25,543 Avg Close $102.11 Range $96.04 - $109.06

Q3 2021

Shares 216,710 Value ($000) $21,918 Avg Close $98.92 Range $90.78 - $104.88

Q2 2021

Shares 246,945 Value ($000) $24,230 Avg Close $91.27 Range $86.18 - $96.71

Q1 2021

Shares 254,955 Value ($000) $23,729 Avg Close $97.10 Range $85.74 - $107.88

Q4 2020

Shares 341,127 Value ($000) $32,086 Avg Close $76.86 Range $62.46 - $92.51

Q3 2020

Shares 341,127 Value ($000) $22,299 Avg Close $61.29 Range $57.07 - $65.43

Q2 2020

Shares 578,002 Value ($000) $36,368 Avg Close $56.81 Range $44.94 - $65.20

Q1 2020

Shares 578,002 Value ($000) $30,981 Avg Close $58.14 Range $39.68 - $67.55

Q4 2019

Shares 587,208 Value ($000) $38,127 Avg Close $56.49 Range $48.19 - $63.55

Q3 2019

Shares 587,208 Value ($000) $31,534 Avg Close $51.19 Range $47.07 - $57.37

Q2 2019

Shares 438,478 Value ($000) $26,173 Avg Close $52.44 Range $48.74 - $57.18

Q1 2019

Shares 421,174 Value ($000) $23,434 Avg Close $52.46 Range $44.87 - $58.05

Q4 2018

Shares 401,700 Value ($000) $19,768 Avg Close $48.19 Range $44.03 - $53.86

Q3 2018

Shares 401,700 Value ($000) $21,270 Avg Close $48.82 Range $41.35 - $53.03

Q2 2018

Shares 512,297 Value ($000) $22,900 Avg Close $41.42 Range $38.33 - $44.31

Q1 2018

Shares 517,304 Value ($000) $24,391 Avg Close $45.15 Range $42.38 - $47.60

Q4 2017

Shares 519,504 Value ($000) $24,832 Avg Close $43.15 Range $39.05 - $48.44

Q3 2017

Shares 366,260 Value ($000) $17,947 Avg Close $41.26 Range $36.25 - $45.98

Q2 2017

Shares 82,680 Value ($000) $3,295 Avg Close $35.90 Range $32.59 - $38.55

Q1 2017

Shares 128,528 Value ($000) $4,723 Avg Close $33.94 Range $31.79 - $36.72

Q4 2016

Shares 108,098 Value ($000) $3,994 Avg Close $32.11 Range $26.91 - $36.08

Q3 2016

Shares 172,462 Value ($000) $5,520 Avg Close $31.66 Range $29.30 - $34.60

Q2 2016

Shares 86,231 Value ($000) $6,297 Avg Close $32.67 Range $28.96 - $35.93

Q1 2016

Shares 101,231 Value ($000) $6,733 Avg Close $28.14 Range $24.03 - $31.71

Q4 2015

Shares 109,031 Value ($000) $6,388 Avg Close $27.06 Range $25.07 - $28.21

Q3 2015

Shares 109,031 Value ($000) $6,330 Avg Close $26.82 Range $23.34 - $29.11

Q2 2015

Shares 115,580 Value ($000) $7,338 Avg Close $28.46 Range $26.44 - $29.77

Q1 2015

Shares 115,580 Value ($000) $6,928 Avg Close $26.24 Range $24.58 - $27.59

Q4 2014

Shares 126,031 Value ($000) $7,480 Avg Close $24.57 Range $21.25 - $27.36

Q3 2014

Shares 126,031 Value ($000) $6,359 Avg Close $22.93 Range $21.11 - $24.24

Q2 2014

Shares 126,031 Value ($000) $6,635 Avg Close $22.79 Range $20.66 - $25.32

Q1 2014

Shares 126,031 Value ($000) $6,945 Avg Close $23.48 Range $21.22 - $24.91

Q4 2013

Shares 126,031 Value ($000) $6,869 Avg Close $22.96 Range $19.78 - $24.97

Q3 2013

Shares 126,031 Value ($000) $5,860 Avg Close $20.70 Range $19.33 - $21.97

Q2 2013

Shares 126,031 Value ($000) $5,614 Avg Close $20.08 Range $18.35 - $23.78

Q1 2013

Shares 126,031 Value ($000) $6,745 Avg Close $22.15 Range $20.44 - $23.75

Q3 2012

Shares 126,031 Value ($000) $4,587 Avg Close — Range —

Q2 2012

Shares 126,031 Value ($000) $4,271 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	480,588	$83,819	$179.79	$166.62 - $203.51
Q2 2025	341,082	$83,548	$225.32	$161.21 - $254.91
Q4 2024	445,723	$94,547	$215.93	$191.24 - $237.30
Q3 2024	437,498	$95,554	$198.39	$179.05 - $218.24
Q2 2024	332,549	$61,971	$180.48	$149.35 - $200.63
Q1 2024	323,766	$52,389	$151.60	$137.57 - $162.82
Q4 2023	306,789	$47,359	$143.50	$131.97 - $156.28
Q3 2023	298,220	$42,905	$155.35	$136.32 - $167.91
Q2 2023	298,220	$44,005	$135.17	$115.31 - $153.46
Q1 2023	291,639	$35,527	$114.59	$101.78 - $122.01
Q4 2022	279,370	$30,460	$106.24	$86.17 - $118.04
Q3 2022	159,304	$14,718	$90.56	$74.97 - $100.73
Q2 2022	257,604	$20,838	$80.46	$71.38 - $99.86
Q1 2022	243,875	$24,317	$95.17	$83.04 - $105.56
Q4 2021	239,710	$25,543	$102.11	$96.04 - $109.06
Q3 2021	216,710	$21,918	$98.92	$90.78 - $104.88
Q2 2021	246,945	$24,230	$91.27	$86.18 - $96.71
Q1 2021	254,955	$23,729	$97.10	$85.74 - $107.88
Q4 2020	341,127	$32,086	$76.86	$62.46 - $92.51
Q3 2020	341,127	$22,299	$61.29	$57.07 - $65.43
Q2 2020	578,002	$36,368	$56.81	$44.94 - $65.20
Q1 2020	578,002	$30,981	$58.14	$39.68 - $67.55
Q4 2019	587,208	$38,127	$56.49	$48.19 - $63.55
Q3 2019	587,208	$31,534	$51.19	$47.07 - $57.37
Q2 2019	438,478	$26,173	$52.44	$48.74 - $57.18
Q1 2019	421,174	$23,434	$52.46	$44.87 - $58.05
Q4 2018	401,700	$19,768	$48.19	$44.03 - $53.86
Q3 2018	401,700	$21,270	$48.82	$41.35 - $53.03
Q2 2018	512,297	$22,900	$41.42	$38.33 - $44.31
Q1 2018	517,304	$24,391	$45.15	$42.38 - $47.60
Q4 2017	519,504	$24,832	$43.15	$39.05 - $48.44
Q3 2017	366,260	$17,947	$41.26	$36.25 - $45.98
Q2 2017	82,680	$3,295	$35.90	$32.59 - $38.55
Q1 2017	128,528	$4,723	$33.94	$31.79 - $36.72
Q4 2016	108,098	$3,994	$32.11	$26.91 - $36.08
Q3 2016	172,462	$5,520	$31.66	$29.30 - $34.60
Q2 2016	86,231	$6,297	$32.67	$28.96 - $35.93
Q1 2016	101,231	$6,733	$28.14	$24.03 - $31.71
Q4 2015	109,031	$6,388	$27.06	$25.07 - $28.21
Q3 2015	109,031	$6,330	$26.82	$23.34 - $29.11
Q2 2015	115,580	$7,338	$28.46	$26.44 - $29.77
Q1 2015	115,580	$6,928	$26.24	$24.58 - $27.59
Q4 2014	126,031	$7,480	$24.57	$21.25 - $27.36
Q3 2014	126,031	$6,359	$22.93	$21.11 - $24.24
Q2 2014	126,031	$6,635	$22.79	$20.66 - $25.32
Q1 2014	126,031	$6,945	$23.48	$21.22 - $24.91
Q4 2013	126,031	$6,869	$22.96	$19.78 - $24.97
Q3 2013	126,031	$5,860	$20.70	$19.33 - $21.97
Q2 2013	126,031	$5,614	$20.08	$18.35 - $23.78
Q1 2013	126,031	$6,745	$22.15	$20.44 - $23.75
Q3 2012	126,031	$4,587	—	—
Q2 2012	126,031	$4,271	—	—