Select Water Solutions (NYSE:WTTR) Stock Rating Upgraded by Northland Securities

Select Water Solutions (NYSE:WTTR) was upgraded by equities researchers at Northland Securities from a “market perform” rating to an “outperform” rating in a research note issued on Thursday, MarketBeat Ratings reports. The firm currently has a $18.00 target price on the stock. Northland Securities’ price target would suggest a potential upside of 41.23% from the stock’s current price. Northland Securities also issued estimates for Select Water Solutions’ Q1 2026 earnings at $0.01 EPS, Q4 2026 earnings at $0.11 EPS, Q1 2027 earnings at $0.15 EPS, Q2 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.16 EPS, Q4 2027 earnings at $0.18 EPS and FY2027 earnings at $0.61 EPS.

Several other equities research analysts also recently issued reports on WTTR. Piper Sandler set a $14.00 target price on shares of Select Water Solutions in a research note on Thursday, December 18th. Wall Street Zen upgraded Select Water Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $16.00 price objective on shares of Select Water Solutions in a research report on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Select Water Solutions in a research note on Friday, January 9th. One 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. According to data from MarketBeat.com, Select Water Solutions presently has an average rating of “Buy” and a consensus target price of $15.50.

Select Water Solutions Trading Down 10.4%

Shares of Select Water Solutions stock opened at $12.75 on Thursday. The stock has a market cap of $1.54 billion, a P/E ratio of 60.69 and a beta of 1.03. The company has a quick ratio of 1.48, a current ratio of 1.57 and a debt-to-equity ratio of 0.31. Select Water Solutions has a 12-month low of $7.20 and a 12-month high of $15.45. The business’s 50 day moving average is $11.73 and its 200-day moving average is $10.60.

Select Water Solutions (NYSE:WTTR) last released its earnings results on Tuesday, February 17th. The company reported ($0.20) earnings per share 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%. Select Water Solutions’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.02) earnings per share. Equities research analysts predict that Select Water Solutions will post 0.91 earnings per share for the current fiscal year.

Insider Buying and Selling

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 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 owned 32,687 shares in the company, valued at $364,460.05. The trade was a 86.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 332,250 shares of company stock worth $3,803,896 over the last 90 days. 8.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Select Water Solutions

Several hedge funds have recently bought and sold shares of WTTR. Farther Finance Advisors LLC lifted its holdings 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 worth $28,000 after acquiring an additional 1,610 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Select Water Solutions during the third quarter valued at approximately $29,000. State of Alaska Department of Revenue bought a new stake in Select Water Solutions during the third quarter worth $33,000. Osaic Holdings Inc. boosted its holdings in shares of Select Water Solutions by 59.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,883 shares of the company’s stock valued at $42,000 after purchasing an additional 1,830 shares in the last quarter. 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 purchasing an additional 5,408 shares during the last quarter. 81.73% of the stock is owned by institutional investors.

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 (~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.