Badger Meter joins Vulcan Value’s small-cap portfolio as the firm reports 13.3% Q2 2026 returns for the strategy.
Vulcan Value Partners added Badger Meter (BMI) to its small-cap composite in Q2 2026, citing undervaluation relative to market trends. The stock closed at $133.54 on July 29, 2026, with a $3.87 billion market capitalization.
The firm’s small-cap strategy returned 13.3% in Q2 2026, outperforming its large-cap and all-cap composites. Badger Meter shares fell 29.38% over the past year but posted a one-month return of -8.61%.
Vulcan emphasized long-term compounding and lower-risk positioning, noting its holdings remain deeply undervalued despite recent market performance.