Bridge City Capital LLC Lowers Holdings in Select Water Solutions, Inc. $WTTR

Posted by George Bondi on Jun 14th, 2026

Bridge City Capital LLC trimmed its holdings in Select Water Solutions, Inc. (NYSE:WTTR – Free Report) by 12.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 328,234 shares of the company’s stock after selling 45,123 shares during the period. Bridge City Capital LLC’s holdings in Select Water Solutions were worth $3,453,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in WTTR. Cinctive Capital Management LP lifted its position in shares of Select Water Solutions by 55.7% in the third quarter. Cinctive Capital Management LP now owns 623,285 shares of the company’s stock worth $6,663,000 after buying an additional 222,849 shares in the last quarter. Penn Capital Management Company LLC lifted its position in shares of Select Water Solutions by 12.2% in the third quarter. Penn Capital Management Company LLC now owns 1,179,161 shares of the company’s stock worth $12,618,000 after buying an additional 128,257 shares in the last quarter. Gabelli Funds LLC lifted its position in shares of Select Water Solutions by 91.9% in the third quarter. Gabelli Funds LLC now owns 325,209 shares of the company’s stock worth $3,476,000 after buying an additional 155,703 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Select Water Solutions by 176.9% in the fourth quarter. Wedge Capital Management L L P NC now owns 299,129 shares of the company’s stock worth $3,147,000 after buying an additional 191,086 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Select Water Solutions by 6.5% in the third quarter. American Century Companies Inc. now owns 3,899,603 shares of the company’s stock worth $41,687,000 after buying an additional 238,898 shares in the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Select Water Solutions news, Director Richard Alan Burnett sold 45,316 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $18.74, for a total transaction of $849,221.84. Following the sale, the director directly owned 71,578 shares in the company, valued at $1,341,371.72. This represents a 38.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, COO Michael Skarke sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $17.78, for a total value of $355,600.00. Following the sale, the chief operating officer owned 360,738 shares in the company, valued at approximately $6,413,921.64. This trade represents a 5.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 222,010 shares of company stock valued at $3,925,971. 6.20% of the stock is currently owned by company insiders.

Select Water Solutions Trading Up 2.3%

Shares of WTTR stock opened at $18.90 on Friday. Select Water Solutions, Inc. has a 1 year low of $7.86 and a 1 year high of $20.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.92 and a quick ratio of 1.76. The stock’s 50 day simple moving average is $17.31 and its two-hundred day simple moving average is $14.07. The company has a market cap of $2.61 billion, a PE ratio of 89.98 and a beta of 1.00.

Select Water Solutions (NYSE:WTTR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Select Water Solutions had a return on equity of 2.21% and a net margin of 1.54%.The business had revenue of $365.96 million for the quarter, compared to the consensus estimate of $344.63 million. During the same period in the prior year, the business posted $0.08 earnings per share. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. Research analysts predict that Select Water Solutions, Inc. will post 0.38 earnings per share for the current year.

Select Water Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 13th. Shareholders of record on Thursday, April 30th were given a dividend of $0.07 per share. The ex-dividend date was Thursday, April 30th. This represents a $0.28 dividend on an annualized basis and a yield of 1.5%. Select Water Solutions’s dividend payout ratio is 133.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Northland Securities set a $21.00 target price on Select Water Solutions in a research report on Thursday, May 7th. Citigroup boosted their target price on Select Water Solutions from $18.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Raymond James Financial reiterated a “strong-buy” rating and issued a $24.00 target price on shares of Select Water Solutions in a research report on Thursday, May 7th. Wall Street Zen downgraded Select Water Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Piper Sandler boosted their target price on Select Water Solutions from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $22.40.

View Our Latest Research Report on Select Water Solutions

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.