Key Points
- Director Robin Fielder sold 27,010 shares of Select Water Solutions at an average price of $16.80, totaling $453,768. After the sale, the director still owned 43,315 shares, reducing the position by 38.41%.
- Select Water Solutions beat quarterly expectations, posting EPS of $0.08 versus the $0.06 consensus and revenue of $365.96 million versus $344.63 million expected. Revenue was still down 2.2% year over year, and analysts now see full-year EPS of about $0.19.
- Analysts remain constructive on WTTR, with multiple firms lifting price targets and the consensus rating staying at “Buy” with a $19.75 target. Northland Securities also raised future earnings estimates, signaling a more optimistic outlook.
Select Water Solutions, Inc. (NYSE:WTTR - Get Free Report) Director Robin Fielder sold 27,010 shares of Select Water Solutions stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $16.80, for a total value of $453,768.00. Following the transaction, the director directly owned 43,315 shares of the company's stock, valued at $727,692. The trade was a 38.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Select Water Solutions Stock Performance
Shares of WTTR opened at $16.79 on Friday. The company has a market cap of $2.04 billion, a PE ratio of 79.97 and a beta of 0.99. The company has a current ratio of 1.57, a quick ratio of 1.42 and a debt-to-equity ratio of 0.31. The stock has a 50-day moving average price of $15.06 and a 200-day moving average price of $12.68. Select Water Solutions, Inc. has a 12-month low of $7.82 and a 12-month high of $18.50.
Select Water Solutions (NYSE:WTTR - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.02. The firm had revenue of $365.96 million during the quarter, compared to the consensus estimate of $344.63 million. Select Water Solutions had a return on equity of 2.33% and a net margin of 1.54%.The company's revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter last year, the company posted $0.08 EPS. As a group, equities analysts forecast that Select Water Solutions, Inc. will post 0.19 earnings per share for the current fiscal year.
Select Water Solutions Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 13th. Stockholders of record on Thursday, April 30th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Thursday, April 30th. Select Water Solutions's dividend payout ratio (DPR) is 133.33%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on WTTR. Northland Securities set a $21.00 price target on Select Water Solutions in a research report on Thursday. Piper Sandler lifted their price target 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. Weiss Ratings reiterated a "hold (c)" rating on shares of Select Water Solutions in a research report on Wednesday, April 8th. Citigroup lifted their price target on Select Water Solutions from $16.50 to $18.00 and gave the company a "buy" rating in a research report on Thursday, April 2nd. Finally, Raymond James Financial reiterated a "strong-buy" rating and set a $24.00 price target on shares of Select Water Solutions in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $19.75.
Read Our Latest Stock Analysis on Select Water Solutions
Institutional Trading of Select Water Solutions
A number of hedge funds have recently bought and sold shares of WTTR. Franklin Resources Inc. lifted its position in Select Water Solutions by 56.4% in the 4th quarter. Franklin Resources Inc. now owns 7,726,049 shares of the company's stock worth $81,278,000 after buying an additional 2,786,172 shares during the last quarter. Alliancebernstein L.P. lifted its position in Select Water Solutions by 2,133.9% in the 3rd quarter. Alliancebernstein L.P. now owns 2,131,277 shares of the company's stock worth $22,783,000 after buying an additional 2,035,870 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Select Water Solutions by 124.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,801,488 shares of the company's stock worth $19,258,000 after buying an additional 997,847 shares during the last quarter. Millennium Management LLC lifted its position in Select Water Solutions by 466.8% in the 1st quarter. Millennium Management LLC now owns 974,821 shares of the company's stock worth $10,236,000 after buying an additional 802,833 shares during the last quarter. Finally, Encompass Capital Advisors LLC lifted its position in Select Water Solutions by 31.5% in the 4th quarter. Encompass Capital Advisors LLC now owns 3,118,824 shares of the company's stock worth $32,810,000 after buying an additional 746,534 shares during the last quarter. Institutional investors own 81.73% of the company's stock.
Key Headlines Impacting Select Water Solutions
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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