Select Water Solutions, Inc. (NYSE:WTTR - Get Free Report) Director Robin Fielder sold 27,010 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 43,315 shares of the company's stock, valued at $727,692. This represents a 38.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Select Water Solutions Stock Performance
Shares of WTTR traded down $0.03 during mid-day trading on Friday, hitting $16.79. The company's stock had a trading volume of 1,912,744 shares, compared to its average volume of 1,615,439. Select Water Solutions, Inc. has a one year low of $7.82 and a one year high of $18.50. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.42 and a current ratio of 1.57. The firm has a market capitalization of $2.04 billion, a PE ratio of 79.97 and a beta of 0.99. The stock's 50-day moving average is $15.06 and its two-hundred day moving average is $12.68.
Select Water Solutions (NYSE:WTTR - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.08 earnings per share for the quarter, beating 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 analysts' expectations of $344.63 million. During the same period in the prior year, the business earned $0.08 earnings per share. Select Water Solutions's revenue for the quarter was down 2.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Select Water Solutions, Inc. will post 0.19 EPS for the current year.
Select Water Solutions Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.07 per share. The ex-dividend date is Thursday, April 30th. This represents a $0.28 annualized dividend and a dividend yield of 1.7%. Select Water Solutions's payout ratio is presently 133.33%.
Institutional Trading of Select Water Solutions
A number of institutional investors and hedge funds have recently added to or reduced their stakes in WTTR. Farther Finance Advisors LLC increased its stake in Select Water Solutions by 160.2% in the third quarter. Farther Finance Advisors LLC now owns 2,615 shares of the company's stock valued at $28,000 after acquiring an additional 1,610 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Select Water Solutions in the third quarter valued at $29,000. State of Alaska Department of Revenue bought a new stake in Select Water Solutions in the third quarter valued at $33,000. Osaic Holdings Inc. grew its position in Select Water Solutions by 59.9% in the second quarter. Osaic Holdings Inc. now owns 4,883 shares of the company's stock valued at $42,000 after acquiring an additional 1,830 shares during the period. Finally, CIBC Private Wealth Group LLC grew its position in Select Water Solutions by 2,704.0% in the third quarter. CIBC Private Wealth Group LLC now owns 5,608 shares of the company's stock valued at $60,000 after acquiring an additional 5,408 shares during the period. Institutional investors own 81.73% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on WTTR shares. Citigroup boosted their price objective on shares of Select Water Solutions from $16.50 to $18.00 and gave the stock a "buy" rating in a report on Thursday, April 2nd. Piper Sandler boosted their price objective on Select Water Solutions from $14.00 to $16.00 and gave the company an "overweight" rating in a research report on Thursday, February 26th. Northland Securities set a $21.00 price objective on Select Water Solutions in a research report on Thursday. Raymond James Financial restated a "strong-buy" rating and set a $24.00 price objective on shares of Select Water Solutions in a research report on Thursday. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Select Water Solutions in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $19.75.
Read Our Latest Report on Select Water Solutions
Select Water Solutions News Roundup
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.
About Select Water Solutions
(
Get Free Report)
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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