Northland Securities Has Strong Outlook for WTTR Q3 Earnings

Select Water Solutions, Inc. (NYSE:WTTR) – Analysts at Northland Securities upped their Q3 2026 earnings per share estimates for shares of Select Water Solutions in a research report issued on Tuesday, August 11th. Northland Securities analyst B. Brooks now expects that the company will earn $0.16 per share for the quarter, up from their previous forecast of $0.11. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.54 per share. Northland Securities also issued estimates for Select Water Solutions’ Q4 2026 earnings at $0.13 EPS, FY2026 earnings at $0.53 EPS, Q1 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.21 EPS, Q4 2027 earnings at $0.18 EPS and FY2027 earnings at $0.74 EPS.

Select Water Solutions (NYSE:WTTR) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Select Water Solutions had a return on equity of 3.22% and a net margin of 2.24%.The business had revenue of $395.81 million during the quarter, compared to the consensus estimate of $373.33 million. During the same period in the previous year, the company posted $0.10 earnings per share. The business’s revenue for the quarter was up 8.7% on a year-over-year basis.

Several other research analysts have also recently commented on WTTR. Zacks Research cut shares of Select Water Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Raymond James Financial lowered shares of Select Water Solutions from a “strong-buy” rating to an “outperform” rating and raised their price objective for the company from $24.00 to $26.00 in a report on Thursday, August 6th. Piper Sandler boosted their target price on shares of Select Water Solutions from $16.00 to $21.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Bank of America initiated coverage on Select Water Solutions in a report on Friday, May 29th. They issued a “buy” rating and a $22.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Select Water Solutions in a report on Monday, July 6th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Select Water Solutions presently has an average rating of “Moderate Buy” and an average target price of $22.80.

Select Water Solutions Stock Up 1.2%

Shares of NYSE:WTTR opened at $21.14 on Wednesday. The firm’s 50 day moving average price is $19.17 and its 200 day moving average price is $16.56. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 75.49 and a beta of 0.99. Select Water Solutions has a fifty-two week low of $7.86 and a fifty-two week high of $22.55. The company has a quick ratio of 1.76, a current ratio of 1.92 and a debt-to-equity ratio of 0.18.

Institutional Trading of Select Water Solutions

A number of large investors have recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Select Water Solutions in the fourth quarter valued at approximately $1,557,000. UBS Group AG grew its position in shares of Select Water Solutions by 46.0% during the fourth quarter. UBS Group AG now owns 230,614 shares of the company’s stock worth $2,426,000 after acquiring an additional 72,613 shares during the last quarter. Needham Investment Management LLC increased its holdings in shares of Select Water Solutions by 34.8% in the 4th quarter. Needham Investment Management LLC now owns 775,000 shares of the company’s stock valued at $8,153,000 after acquiring an additional 200,000 shares during the period. Systematic Financial Management LP increased its holdings in shares of Select Water Solutions by 3.9% in the 4th quarter. Systematic Financial Management LP now owns 1,374,163 shares of the company’s stock valued at $14,456,000 after acquiring an additional 52,182 shares during the period. Finally, Sei Investments Co. raised its position in Select Water Solutions by 100.0% in the 1st quarter. Sei Investments Co. now owns 422,854 shares of the company’s stock valued at $6,470,000 after purchasing an additional 211,421 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Richard Alan Burnett sold 45,316 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $18.74, for a total value of $849,221.84. Following the completion of the sale, the director directly owned 71,578 shares of the company’s stock, valued at $1,341,371.72. The trade was a 38.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.20% of the stock is owned by corporate insiders.

Select Water Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Friday, August 7th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 7th. Select Water Solutions’s dividend payout ratio (DPR) is currently 100.00%.

About Select Water Solutions

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.