Select Water Solutions, Inc. (NYSE:WTTR – Get Free Report) Director Robin Fielder sold 27,010 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $16.80, for a total value of $453,768.00. Following the sale, the director directly owned 43,315 shares of the company’s stock, valued at approximately $727,692. This represents a 38.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Select Water Solutions Trading Down 0.2%
Shares of WTTR opened at $16.79 on Friday. The business has a 50-day moving average of $15.06 and a 200 day moving average of $12.68. Select Water Solutions, Inc. has a fifty-two week low of $7.82 and a fifty-two week high of $18.50. The firm has a market cap of $2.04 billion, a P/E ratio of 79.97 and a beta of 0.99. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.42 and a current ratio of 1.57.
Select Water Solutions (NYSE:WTTR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. Select Water Solutions had a return on equity of 2.33% and a net margin of 1.54%.The company had revenue of $365.96 million during the quarter, compared to analyst estimates of $344.63 million. During the same quarter last year, the firm posted $0.08 EPS. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. As a group, research analysts forecast that Select Water Solutions, Inc. will post 0.19 EPS for the current year.
Select Water Solutions Announces Dividend
Select Water Solutions News Summary
Here are the key news stories impacting Select Water Solutions this week:
- Positive Sentiment: Northland Securities lifted its Q3 2026 EPS estimate for Select Water Solutions to $0.11 from $0.10, suggesting early signs of improving earnings momentum.
- Positive Sentiment: The firm also raised Q4 2026 EPS expectations to $0.14 from $0.11 and increased 2027 quarterly estimates, indicating a better medium-term earnings outlook for WTTR.
- Positive Sentiment: FY2027 EPS was boosted to $0.75 from $0.61, a sizable increase that may reinforce investor confidence in Select Water Solutions’ longer-term profit potential.
- Neutral Sentiment: Northland’s revised estimates remain well above the current full-year consensus of $0.19 EPS for Select Water Solutions, highlighting a more optimistic analyst view but not a fresh company announcement.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on WTTR. Citigroup lifted their price objective on Select Water Solutions from $16.50 to $18.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Select Water Solutions in a report on Wednesday, April 8th. Piper Sandler lifted their price objective on Select Water Solutions from $14.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, February 26th. Northland Securities set a $21.00 price objective on Select Water Solutions in a report on Thursday. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $24.00 price objective on shares of Select Water Solutions in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $19.75.
Get Our Latest Stock Analysis on Select Water Solutions
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its holdings in Select Water Solutions by 160.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,615 shares of the company’s stock valued at $28,000 after buying an additional 1,610 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Select Water Solutions during the 3rd quarter valued at about $29,000. State of Alaska Department of Revenue purchased a new position in Select Water Solutions during the 3rd quarter valued at about $33,000. Osaic Holdings Inc. grew its holdings in Select Water Solutions by 59.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,883 shares of the company’s stock valued at $42,000 after buying an additional 1,830 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in Select Water Solutions by 2,704.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,608 shares of the company’s stock valued at $60,000 after buying an additional 5,408 shares in the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.
Select Water Solutions Company Profile
Select Water Solutions, Inc, headquartered in Houston, Texas, is a water management services provider primarily serving the oil and gas industry. Formerly operating under the name Select Energy Services, the company rebranded to reflect its core focus on water treatment, recycling and disposal. Since its inception in 2016, Select Water Solutions has expanded to key U.S. basins—including the Permian, Eagle Ford, Marcellus and DJ Basin—and maintains strategic operations in select international regions.
The company’s offerings span the full water lifecycle, from produced water gathering and transportation to advanced treatment and beneficial reuse.
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