Northland Capmk Has Negative Outlook of WTTR FY2025 Earnings

Select Water Solutions, Inc. (NYSE:WTTR) – Stock analysts at Northland Capmk dropped their FY2025 earnings estimates for shares of Select Water Solutions in a note issued to investors on Friday, December 5th. Northland Capmk analyst B. Brooks now anticipates that the company will post earnings of $0.19 per share for the year, down from their prior forecast of $0.24. Northland Capmk currently has a “Hold” rating on the stock. 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’ Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.09 EPS.

Several other research firms also recently issued reports on WTTR. Weiss Ratings restated a “hold (c)” rating on shares of Select Water Solutions in a report on Tuesday, October 14th. Raymond James Financial reissued a “strong-buy” rating and set a $16.00 target price on shares of Select Water Solutions in a research report on Wednesday, November 5th. Wall Street Zen lowered Select Water Solutions from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Finally, Northland Securities downgraded Select Water Solutions from an “outperform” rating to a “market perform” rating and set a $12.00 price objective for the company. in a research report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.25.

Select Water Solutions Stock Performance

WTTR stock opened at $11.08 on Monday. The company has a quick ratio of 1.48, a current ratio of 1.64 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 58.29 and a beta of 0.97. Select Water Solutions has a 12 month low of $7.20 and a 12 month high of $14.88. The firm has a 50 day moving average of $10.77 and a two-hundred day moving average of $9.64.

Select Water Solutions (NYSE:WTTR) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.03 EPS for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $322.24 million for the quarter, compared to analysts’ expectations of $306.39 million. Select Water Solutions had a net margin of 1.41% and a return on equity of 2.26%. Select Water Solutions’s revenue was down 13.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 EPS.

Select Water Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 7th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, November 7th. Select Water Solutions’s dividend payout ratio is presently 147.37%.

Insider Activity at Select Water Solutions

In other news, CEO John Schmitz sold 211,118 shares of Select Water Solutions stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $11.15, for a total value of $2,353,965.70. Following the completion of the sale, the chief executive officer directly owned 32,687 shares in the company, valued at approximately $364,460.05. The trade was a 86.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 443,187 shares of company stock worth $4,927,971 over the last quarter. 7.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Select Water Solutions

A number of hedge funds have recently added to or reduced their stakes in WTTR. Penn Capital Management Company LLC raised its holdings in Select Water Solutions by 12.2% in the 3rd quarter. Penn Capital Management Company LLC now owns 1,179,161 shares of the company’s stock valued at $12,618,000 after acquiring an additional 128,257 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of 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 worth $60,000 after purchasing an additional 5,408 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of Select Water Solutions in the third quarter worth $166,000. Wilmington Savings Fund Society FSB acquired a new position in Select Water Solutions in the third quarter valued at about $29,000. Finally, Advisory Services Network LLC lifted its position in Select Water Solutions by 7.8% during the third quarter. Advisory Services Network LLC now owns 229,166 shares of the company’s stock worth $2,450,000 after purchasing an additional 16,536 shares during the period. Institutional investors own 81.73% of the company’s stock.

About Select Water Solutions

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.