Select Water Solutions (NYSE:WTTR) Shares Gap Down – Time to Sell?

Select Water Solutions, Inc. (NYSE:WTTR)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $14.22, but opened at $12.89. Select Water Solutions shares last traded at $13.07, with a volume of 1,800,751 shares.

Select Water Solutions News Summary

Here are the key news stories impacting Select Water Solutions this week:

• Positive Sentiment: Northland Securities upgraded WTTR to an “Outperform” and set an $18 price target, while issuing multi-quarter and FY2027 EPS forecasts that imply meaningful earnings growth over the next year — a bullish analyst view that supports upside vs. current levels. The Fly
• Neutral Sentiment: Select announced a registered underwritten public offering targeting roughly $175 million of Class A common stock to fund water infrastructure growth capital projects, potential acquisitions, and possible debt repayment — proceeds that could support expansion or strengthen the balance sheet but will increase share count. PR Newswire: Offering Announcement
• Neutral Sentiment: The company later priced an offering of 13,725,491 shares at $12.75 per share; management said net proceeds will be used for growth projects, acquisitions or debt repayment under its sustainability-linked credit facility. That clarifies use of proceeds but confirms material new supply of shares. PR Newswire: Pricing
• Negative Sentiment: Market reaction: shares slid after coverage described the offering as “discounted” — investors typically sell on dilution and perceived discounting, which is driving today’s pullback and elevated volume. MSN: Discounted Offering
• Negative Sentiment: Recent quarter: Q4 2025 EPS missed expectations (reported loss per share vs. modest expected profit), a near-term earnings disappointment that likely increases sensitivity to dilution and raises short-term investor caution. See the earnings call transcript for details. Seeking Alpha: Q4 2025 Call Transcript

Wall Street Analyst Weigh In

WTTR has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Select Water Solutions in a report on Friday, January 9th. Wall Street Zen raised shares of Select Water Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Piper Sandler set a $14.00 price objective on Select Water Solutions in a research report on Thursday, December 18th. Raymond James Financial restated a “strong-buy” rating and set a $16.00 target price on shares of Select Water Solutions in a report on Wednesday, November 5th. Finally, Northland Securities raised Select Water Solutions from a “market perform” rating to an “outperform” rating and set a $18.00 price target for the company in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $15.50.

Select Water Solutions Stock Performance

The firm has a market cap of $1.54 billion, a P/E ratio of 60.60 and a beta of 1.03. The firm has a fifty day moving average of $11.69 and a 200-day moving average of $10.57. The company has a quick ratio of 1.48, a current ratio of 1.64 and a debt-to-equity ratio of 0.31.

Select Water Solutions (NYSE:WTTR) last released 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). The firm had revenue of $346.50 million during the quarter, compared to the consensus estimate of $320.85 million. Select Water Solutions had a net margin of 1.51% and a return on equity of 2.30%. The business’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.02) earnings per share. Research analysts predict that Select Water Solutions, Inc. will post 0.91 earnings per share for the current fiscal year.

Select Water Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Stockholders of record on Friday, February 6th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Friday, February 6th. Select Water Solutions’s payout ratio is 147.37%.

Insider Buying and Selling at Select Water Solutions

In other Select Water Solutions news, CEO John Schmitz sold 211,118 shares of Select Water Solutions stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $11.15, for a total transaction of $2,353,965.70. Following the completion of the transaction, the chief executive officer owned 32,687 shares in the company, valued at approximately $364,460.05. The trade was a 86.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 332,250 shares of company stock valued at $3,803,896 over the last 90 days. 8.40% of the stock is currently owned by company insiders.

Institutional Trading of Select Water Solutions

A number of institutional investors have recently modified their holdings of the company. Barclays PLC boosted its holdings in shares of Select Water Solutions by 0.6% during the 4th quarter. Barclays PLC now owns 147,581 shares of the company’s stock valued at $1,553,000 after acquiring an additional 857 shares during the last quarter. Inspire Investing LLC boosted its stake in shares of Select Water Solutions by 1.9% during the 4th quarter. Inspire Investing LLC now owns 55,271 shares of the company’s stock worth $581,000 after acquiring an additional 1,023 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Select Water Solutions by 8.4% during the 4th quarter. ProShare Advisors LLC now owns 17,299 shares of the company’s stock valued at $182,000 after acquiring an additional 1,336 shares during the period. CANADA LIFE ASSURANCE Co raised its stake in Select Water Solutions by 2.5% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 64,258 shares of the company’s stock worth $686,000 after acquiring an additional 1,541 shares during the period. Finally, Legato Capital Management LLC grew its holdings in Select Water Solutions by 1.7% during the 3rd quarter. Legato Capital Management LLC now owns 97,358 shares of the company’s stock valued at $1,041,000 after purchasing an additional 1,587 shares during the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

About Select Water Solutions

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.