Select Water Solutions (NYSE:WTTR) Sees Large Volume Increase – What’s Next?

Posted by Brian Himes on Jul 1st, 2026

Select Water Solutions, Inc. (NYSE:WTTR – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 2,063,311 shares traded hands during trading, an increase of 23% from the previous session’s volume of 1,673,509 shares.The stock last traded at $19.47 and had previously closed at $19.98.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WTTR shares. Zacks Research raised Select Water Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, May 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Select Water Solutions in a report on Wednesday, April 8th. Northland Securities set a $21.00 price target on Select Water Solutions in a research report on Thursday, May 7th. Wall Street Zen lowered Select Water Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Bank of America started coverage on shares of Select Water Solutions in a research note on Friday, May 29th. They set a “buy” rating and a $22.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $22.40.

Get Our Latest Analysis on WTTR

Select Water Solutions Stock Performance

The business’s 50-day simple moving average is $18.17 and its two-hundred day simple moving average is $14.77. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 91.28 and a beta of 1.00. The company has a quick ratio of 1.76, a current ratio of 1.92 and a debt-to-equity ratio of 0.18.

Select Water Solutions (NYSE:WTTR – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.08 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 firm had revenue of $365.96 million for the quarter, compared to analysts’ expectations of $344.63 million. During the same period last year, the firm earned $0.08 EPS. The company’s quarterly revenue was down 2.2% on a year-over-year basis. As a group, sell-side analysts expect that Select Water Solutions, Inc. will post 0.38 earnings per share for the current fiscal year.

Select Water Solutions Announces Dividend

The firm also recently declared 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 currently 133.33%.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Select Water Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC lifted its holdings in Select Water Solutions by 0.6% during the fourth quarter. Barclays PLC now owns 147,581 shares of the company’s stock valued at $1,553,000 after purchasing an additional 857 shares in the last quarter. Inspire Investing LLC increased its stake in shares of Select Water Solutions by 1.9% during the fourth quarter. Inspire Investing LLC now owns 55,271 shares of the company’s stock worth $581,000 after purchasing an additional 1,023 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Select Water Solutions by 8.4% during the fourth quarter. ProShare Advisors LLC now owns 17,299 shares of the company’s stock worth $182,000 after purchasing an additional 1,336 shares in the last quarter. Quantinno Capital Management LP increased its stake in shares of Select Water Solutions by 3.5% during the first quarter. Quantinno Capital Management LP now owns 42,180 shares of the company’s stock worth $645,000 after purchasing an additional 1,438 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its position in shares of 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 purchasing an additional 1,541 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Select Water Solutions Company Profile

(Get 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.