Wellington Management Group LLP Sells 127,786 Shares of Select Water Solutions, Inc. $WTTR

Posted by Brenda Bartman on Sep 3rd, 2026

Wellington Management Group LLP reduced its position in Select Water Solutions, Inc. (NYSE:WTTR – Free Report) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,855,291 shares of the company’s stock after selling 127,786 shares during the quarter. Wellington Management Group LLP’s holdings in Select Water Solutions were worth $77,029,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of WTTR. Public Employees Retirement System of Ohio acquired a new position in Select Water Solutions during the second quarter worth about $54,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Select Water Solutions during the third quarter worth $29,000. Osaic Holdings Inc. lifted its holdings in 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. CIBC Private Wealth Group LLC lifted its position 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 worth $60,000 after purchasing an additional 5,408 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in Select Water Solutions by 5,584.0% in the first quarter. Jones Financial Companies Lllp now owns 7,105 shares of the company’s stock valued at $75,000 after buying an additional 6,980 shares during the period. Institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WTTR shares. Zacks Research cut Select Water Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Northland Securities set a $21.00 price objective on Select Water Solutions in a research note on Thursday, May 7th. Raymond James Financial lowered Select Water Solutions from a “strong-buy” rating to an “outperform” rating and raised their target price for the company from $24.00 to $26.00 in a report on Thursday, August 6th. Wall Street Zen upgraded Select Water Solutions from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Piper Sandler increased their price target on Select Water Solutions from $16.00 to $21.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.00.

View Our Latest Stock Report on Select Water Solutions

Select Water Solutions Trading Down 1.2%

Shares of WTTR stock opened at $19.83 on Thursday. Select Water Solutions, Inc. has a 52-week low of $8.23 and a 52-week high of $22.55. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.40 and a current ratio of 1.58. The company has a 50-day simple moving average of $19.69 and a two-hundred day simple moving average of $17.44. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 70.82 and a beta of 1.01.

Select Water Solutions (NYSE:WTTR – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. Select Water Solutions had a net margin of 2.24% and a return on equity of 3.11%. The firm had revenue of $395.81 million for the quarter, compared to analysts’ expectations of $373.33 million. During the same quarter last year, the firm earned $0.10 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Research analysts anticipate that Select Water Solutions, Inc. will post 0.59 EPS for the current fiscal year.

Select Water Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Friday, August 7th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, August 7th. Select Water Solutions’s dividend payout ratio (DPR) is 100.00%.

Select Water Solutions Profile

(Free Report)

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.