11 hours Ago By Defense World Staff
Raymond James Financial Inc. acquired a new stake in Select Water Solutions, Inc. ( NYSE:WTTR – Free Report ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The firm acquired 192,006 shares of the company’s stock, valued at approximately $2,542,000. Raymond James Financial Inc. owned about 0.
16% of Select Water Solutions at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently modified their holdings of WTTR. Parkside Financial Bank & Trust lifted its position in Select Water Solutions by 24.
9% in the fourth quarter. Parkside Financial Bank & Trust now owns 5,044 shares of the company’s stock worth $67,000 after buying an additional 1,007 shares during the last quarter. SkyView Investment Advisors LLC lifted its stake in Select Water Solutions by 1.
8% in the third quarter. SkyView Investment Advisors LLC now owns 61,105 shares of the company’s stock worth $680,000 after purchasing an additional 1,073 shares during the last quarter. Inspire Advisors LLC boosted its position in shares of Select Water Solutions by 6.
2% during the fourth quarter. Inspire Advisors LLC now owns 20,751 shares of the company’s stock valued at $275,000 after buying an additional 1,216 shares during the period. Swiss National Bank grew its stake in shares of Select Water Solutions by 0.
8% during the fourth quarter. Swiss National Bank now owns 181,900 shares of the company’s stock valued at $2,408,000 after buying an additional 1,400 shares during the last quarter. Finally, Lane Generational LLC raised its holdings in shares of Select Water Solutions by 0.
5% in the fourth quarter. Lane Generational LLC now owns 314,929 shares of the company’s stock worth $4,170,000 after buying an additional 1,638 shares during the period. Hedge funds and other institutional investors own 81.
73% of the company’s stock. Insider Transactions at Select Water Solutions In related news, CEO John Schmitz sold 73,450 shares of the company’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $13.
03, for a total transaction of $957,053.50. Following the completion of the sale, the chief executive officer now directly owns 2,825,128 shares in the company, valued at $36,811,417.
84. This represents a 2.53 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available through this link . Corporate insiders own 8.40% of the company’s stock.
Analyst Upgrades and Downgrades Read Our Latest Analysis on WTTR Select Water Solutions Stock Down 0.9 % Shares of NYSE WTTR opened at $8.82 on Wednesday.
Select Water Solutions, Inc. has a 52-week low of $7.58 and a 52-week high of $15.
14. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 29.
40 and a beta of 1.51. The stock has a 50 day moving average price of $9.
74 and a 200 day moving average price of $11.95. The company has a debt-to-equity ratio of 0.
09, a quick ratio of 1.62 and a current ratio of 1.65.
Select Water Solutions ( NYSE:WTTR – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 18th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
13 by ($0.14). The firm had revenue of $349.
05 million for the quarter, compared to the consensus estimate of $333.62 million. Select Water Solutions had a return on equity of 3.
48% and a net margin of 2.11%. Sell-side analysts expect that Select Water Solutions, Inc.
will post 0.91 earnings per share for the current year. Select Water Solutions Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, May 16th.
Stockholders of record on Tuesday, May 6th will be issued a $0.07 dividend. The ex-dividend date is Tuesday, May 6th.
This represents a $0.28 annualized dividend and a dividend yield of 3.17%.
Select Water Solutions’s dividend payout ratio is currently 93.33%. Select Water Solutions Profile ( Free Report ) Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States.
The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services. Featured Stories Five stocks we like better than Select Water Solutions How to Use High Beta Stocks to Maximize Your Investing Profits Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet Why Special Dividends Can be a Delightful Surprise for Income Investors Coca-Cola Company Stock Can Bubble to New Highs This Year Following Congress Stock Trades 3 Stocks Lifting 2025 Guidance Despite Market Jitters Want to see what other hedge funds are holding WTTR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Select Water Solutions, Inc. ( NYSE:WTTR – Free Report ). Receive News & Ratings for Select Water Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Water Solutions and related companies with MarketBeat.
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