Northland Capmk Brokers Reduce Earnings Estimates for WTTR

Select Water Solutions, Inc. (NYSE:WTTR) – Equities research analysts at Northland Capmk dropped their Q1 2025 earnings per share estimates for shares of Select Water Solutions in a research note issued on Tuesday, February 25th. Northland Capmk analyst B. Brooks now forecasts that the company will post earnings of $0.06 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.91 per share. Northland Capmk also issued estimates for Select Water Solutions’ FY2025 earnings at $0.64 EPS.

Separately, Citigroup lifted their target price on shares of Select Water Solutions from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, January 10th.

Select Water Solutions Stock Down 0.5 %

WTTR opened at $12.00 on Thursday. Select Water Solutions has a 1-year low of $8.12 and a 1-year high of $15.14. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 39.98 and a beta of 1.73. The business has a 50 day moving average of $13.16 and a 200-day moving average of $12.45. The company has a current ratio of 1.65, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Select Water Solutions (NYSE:WTTR) last posted its quarterly earnings data on Tuesday, February 18th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.14). Select Water Solutions had a net margin of 2.11% and a return on equity of 3.48%. The firm had revenue of $349.05 million for the quarter, compared to analysts’ expectations of $333.62 million.

Select Water Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Tuesday, February 4th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 4th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.33%. Select Water Solutions’s dividend payout ratio (DPR) is currently 93.33%.

Insider Activity

In other news, CEO John Schmitz sold 26,550 shares of Select Water Solutions stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $13.16, for a total value of $349,398.00. Following the transaction, the chief executive officer now owns 2,898,578 shares in the company, valued at approximately $38,145,286.48. This trade represents a 0.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 8.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Select Water Solutions

Institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its position in Select Water Solutions by 128.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,711 shares of the company’s stock valued at $36,000 after purchasing an additional 1,525 shares during the period. Parkside Financial Bank & Trust raised its stake in Select Water Solutions by 24.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 5,044 shares of the company’s stock worth $67,000 after buying an additional 1,007 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in Select Water Solutions by 13.8% in the third quarter. New York State Teachers Retirement System now owns 8,327 shares of the company’s stock valued at $93,000 after buying an additional 1,010 shares during the period. Amundi boosted its position in Select Water Solutions by 83.8% during the fourth quarter. Amundi now owns 9,010 shares of the company’s stock valued at $119,000 after acquiring an additional 4,109 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its holdings in Select Water Solutions by 13.6% during the 4th quarter. Summit Investment Advisors Inc. now owns 9,545 shares of the company’s stock worth $126,000 after acquiring an additional 1,143 shares during the period. Institutional investors own 81.73% of the company’s stock.

Select Water Solutions Company Profile

Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.