CenterBook Partners LP Acquires 91,595 Shares of Select Water Solutions, Inc. $WTTR

09 Jun 2026, 08:04 by Mitch Edgeman · The Markets Daily

CenterBook Partners LP raised its holdings in Select Water Solutions, Inc. (NYSE:WTTR – Free Report) by 34.8% in the 4th quarter, HoldingsChannel reports. The firm owned 354,741 shares of the company’s stock after purchasing an additional 91,595 shares during the quarter. CenterBook Partners LP’s holdings in Select Water Solutions were worth $3,732,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Select Water Solutions in the 3rd quarter valued at $29,000. Osaic Holdings Inc. increased its stake 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 buying an additional 1,830 shares during the period. 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 buying an additional 5,408 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Select Water Solutions by 5,584.0% in the 1st 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. Finally, Tower Research Capital LLC TRC increased its stake in shares of Select Water Solutions by 190.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,916 shares of the company’s stock valued at $77,000 after buying an additional 5,847 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently commented on WTTR. Raymond James Financial reissued a “strong-buy” rating and issued a $24.00 target price on shares of Select Water Solutions in a research note on Thursday, May 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Select Water Solutions in a research note on Wednesday, April 8th. Zacks Research raised Select Water Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. Citigroup lifted their target price on Select Water Solutions from $18.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Piper Sandler lifted their target price on Select Water Solutions from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $22.40.

View Our Latest Report on Select Water Solutions

Select Water Solutions Trading Up 2.8%

NYSE WTTR opened at $18.52 on Tuesday. The stock has a 50-day simple moving average of $17.05 and a 200 day simple moving average of $13.85. The company has a market capitalization of $2.56 billion, a PE ratio of 88.17 and a beta of 1.00. The company has a current ratio of 1.92, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18. Select Water Solutions, Inc. has a 12 month low of $7.86 and a 12 month high of $20.48.

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

Select Water Solutions Dividend Announcement

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

Insider Buying and Selling

In related news, CAO Brian Szymanski sold 20,000 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $17.04, for a total value of $340,800.00. Following the completion of the sale, the chief accounting officer owned 114,752 shares in the company, valued at approximately $1,955,374.08. This represents a 14.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Michael Skarke sold 20,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were 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 owned 360,738 shares of the company’s stock, valued at $6,413,921.64. This represents a 5.25% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 222,010 shares of company stock worth $3,925,971. Company insiders own 6.20% of the company’s stock.

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.