What is Northland Securities’ Estimate for WTTR Q3 Earnings?

Select Water Solutions, Inc. (NYSE:WTTR) – Equities researchers at Northland Securities boosted their Q3 2026 earnings estimates for shares of Select Water Solutions in a report issued on Thursday, February 19th. Northland Securities analyst B. Brooks now forecasts that the company will earn $0.10 per share 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.

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

Select Water Solutions Trading Down 10.4%

NYSE:WTTR opened at $12.75 on Monday. Select Water Solutions has a 12-month low of $7.20 and a 12-month high of $15.45. The firm has a market cap of $1.54 billion, a PE ratio of 60.69 and a beta of 1.03. The company has a current ratio of 1.57, a quick ratio of 1.42 and a debt-to-equity ratio of 0.31. The stock has a fifty day moving average price of $11.73 and a 200 day moving average price of $10.62.

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

Select Water Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Friday, February 6th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.28 dividend on an annualized basis and a yield of 2.2%. Select Water Solutions’s dividend payout ratio (DPR) is presently 133.33%.

Insiders Place Their Bets

In other news, CEO John Schmitz sold 33,916 shares of the business’s stock in a transaction that occurred 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 owned 249,243 shares in the company, valued at approximately $3,247,636.29. The trade was a 11.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 332,250 shares of company stock worth $3,803,896 over the last 90 days. 7.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Select Water Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of WTTR. Deprince Race & Zollo Inc. lifted its holdings in shares of Select Water Solutions by 1,334.5% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 3,783,865 shares of the company’s stock valued at $40,450,000 after purchasing an additional 3,520,091 shares during the last quarter. Franklin Resources Inc. increased its position in Select Water Solutions by 56.4% during the fourth quarter. Franklin Resources Inc. now owns 7,726,049 shares of the company’s stock worth $81,278,000 after buying an additional 2,786,172 shares during the period. Alliancebernstein L.P. increased its position in Select Water Solutions by 2,133.9% during the third quarter. Alliancebernstein L.P. now owns 2,131,277 shares of the company’s stock worth $22,783,000 after buying an additional 2,035,870 shares during the period. Russell Investments Group Ltd. lifted its stake in Select Water Solutions by 124.2% in the third quarter. Russell Investments Group Ltd. now owns 1,801,488 shares of the company’s stock valued at $19,258,000 after buying an additional 997,847 shares during the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Select Water Solutions by 466.8% in the first quarter. Millennium Management LLC now owns 974,821 shares of the company’s stock valued at $10,236,000 after acquiring an additional 802,833 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Select Water Solutions

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 (~41% upside from current levels); Northland also raised some near‑term EPS forecasts, which supports a constructive medium‑term outlook. Northland Upgrade
• Neutral Sentiment: Q4 results showed revenue beat ($346.5M vs. $320.9M est.), signaling solid topline performance, but EPS missed consensus (reported ($0.20) vs. $0.01 est.), leaving near‑term profitability questions unresolved. Q4 Earnings Transcript
• Neutral Sentiment: Earnings call transcripts and highlights are available for deeper read; management commentary may clarify margin drivers and capital allocation priorities. Earnings Call Transcript
• Negative Sentiment: The company announced an underwritten public offering of $175.0M and then priced 13,725,491 shares at $12.75 each — a material equity issuance at a discounted price that will dilute existing shareholders and increase share supply. Management said proceeds will fund growth projects, potential M&A or debt repayment. Offering Priced (PR Newswire)
• Negative Sentiment: Market reaction: WTTR shares slid after news of the discounted offering, with unusually high trading volume — investors are selling into dilution despite the positive analyst take. Stock Slides After Offering (MSN)

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.