Insider Selling: Select Water Solutions (NYSE:WTTR) Director Sells 27,010 Shares of Stock
by Renee Jackson · The Cerbat GemSelect Water Solutions, Inc. (NYSE:WTTR – Get Free Report) Director Robin Fielder sold 27,010 shares of the company’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 completion of the sale, the director owned 43,315 shares in the company, valued at $727,692. This trade represents a 38.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Select Water Solutions Price Performance
Select Water Solutions stock traded down $0.03 during trading hours on Friday, hitting $16.79. 1,912,744 shares of the stock were exchanged, compared to its average volume of 1,615,439. The stock has a market capitalization of $2.04 billion, a P/E ratio of 79.97 and a beta of 0.99. The business’s 50-day moving average is $15.06 and its two-hundred day moving average is $12.68. 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, 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 posted 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. The company had revenue of $365.96 million during the quarter, compared to analyst estimates of $344.63 million. Select Water Solutions had a net margin of 1.54% and a return on equity of 2.33%. The company’s revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.08 earnings per share. Equities research analysts expect that Select Water Solutions, Inc. will post 0.19 EPS for the current fiscal year.
Select Water Solutions Announces Dividend
The company 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 of this dividend is Thursday, April 30th. This represents a $0.28 annualized dividend and a dividend yield of 1.7%. Select Water Solutions’s dividend payout ratio (DPR) is presently 133.33%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on WTTR. Weiss Ratings restated a “hold (c)” rating on shares of Select Water Solutions in a report on Wednesday, April 8th. Piper Sandler increased their target price on Select Water Solutions from $14.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, February 26th. Citigroup increased their target price on Select Water Solutions from $16.50 to $18.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. Northland Securities set a $21.00 target price on Select Water Solutions in a report on Thursday. Finally, Raymond James Financial restated a “strong-buy” rating and set a $24.00 target price on shares of Select Water Solutions in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Select Water Solutions currently has an average rating of “Buy” and an average price target of $19.75.
Read Our Latest Stock Analysis on WTTR
Institutional Trading of Select Water Solutions
Several hedge funds have recently modified their holdings of WTTR. Farther Finance Advisors LLC grew its stake in shares of Select Water Solutions by 160.2% during the third quarter. Farther Finance Advisors LLC now owns 2,615 shares of the company’s stock valued at $28,000 after purchasing an additional 1,610 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Select Water Solutions in the third quarter valued at about $29,000. State of Alaska Department of Revenue bought a new position in Select Water Solutions in the third quarter valued at about $33,000. Osaic Holdings Inc. boosted its holdings 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 last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings 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 last quarter. 81.73% of the stock is owned by institutional investors.
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.
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.