Q3 EPS Estimates for WTTR Boosted by Northland Securities

Select Water Solutions, Inc. (NYSE:WTTR) – Research analysts at Northland Securities boosted their Q3 2026 earnings estimates for Select Water Solutions in a research report issued to clients and investors on Thursday, February 19th. Northland Securities analyst B. Brooks now anticipates that the company will post earnings per share of $0.10 for the quarter, up from their prior forecast of $0.04. Northland Securities has a “Outperform” rating and a $18.00 price objective on the stock. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.91 per share. Northland Securities also issued estimates for Select Water Solutions’ FY2026 earnings at $0.26 EPS.

Select Water Solutions (NYSE:WTTR) last announced its quarterly earnings results on Tuesday, February 17th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.21). Select Water Solutions had a return on equity of 2.30% and a net margin of 1.51%.The company had revenue of $346.50 million for the quarter, compared to analyst estimates of $320.85 million. During the same quarter last year, the company posted ($0.02) earnings per share. The firm’s quarterly revenue was down .7% on a year-over-year basis.

WTTR has been the topic of several other reports. Wall Street Zen upgraded Select Water Solutions from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Piper Sandler set a $14.00 target price on shares of Select Water Solutions in a research report on Thursday, December 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Select Water Solutions in a report on Friday, January 9th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $16.00 price target on shares of Select Water Solutions in a research note on Wednesday, November 5th. 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. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $15.50.

Select Water Solutions Price Performance

Shares of WTTR opened at $12.81 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.57 and a debt-to-equity ratio of 0.31. The stock has a market cap of $1.55 billion, a PE ratio of 61.00 and a beta of 1.03. Select Water Solutions has a 12-month low of $7.20 and a 12-month high of $15.45. The business has a 50-day simple moving average of $11.77 and a two-hundred day simple moving average of $10.65.

Institutional Trading of Select Water Solutions

A number of institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in shares of Select Water Solutions by 160.2% during the 3rd 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 in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Select Water Solutions in the third quarter valued at approximately $29,000. State of Alaska Department of Revenue bought a new position in shares of Select Water Solutions during the 3rd quarter worth approximately $33,000. Osaic Holdings Inc. grew its position in shares of Select Water Solutions by 59.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,883 shares of the company’s stock worth $42,000 after buying an additional 1,830 shares during the period. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Select Water Solutions by 2,704.0% in the 3rd 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 in the last quarter. Institutional investors own 81.73% of the company’s stock.

Insider Activity at Select Water Solutions

In other news, CEO John Schmitz sold 33,916 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $13.03, for a total transaction of $441,925.48. Following the completion of the sale, the chief executive officer directly owned 249,243 shares in the company, valued at $3,247,636.29. This represents a 11.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders have sold 332,250 shares of company stock valued at $3,803,896. Corporate insiders own 7.60% of the company’s stock.

Select Water Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Friday, February 6th were given a $0.07 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.2%. Select Water Solutions’s payout ratio is 133.33%.

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.