SCHEDULE: Franklin Templeton Discloses Stake in Select Water Solutions

Franklin Templeton, Inc. and its subsidiaries have updated their beneficial ownership filing for Select Water Solutions, Inc., reporting a combined 7.0% stake.

Summary

• Franklin Templeton, Inc. (FTI) and its subsidiaries have filed an amendment to their Schedule 13G, reporting changes in beneficial ownership of Select Water Solutions, Inc. common stock.
• The filing indicates that Franklin Templeton, Inc. beneficially owns 8,993,016 shares, representing 7.0% of the class of securities.
• This ownership is primarily held through various investment management subsidiaries, including Franklin Mutual Advisers, LLC, which holds 8,691,778 shares (6.7%).
• Charles B. Johnson and Rupert H. Johnson, Jr., principal shareholders of FTI, are also listed but report 0% beneficial ownership in this filing.
• The filing clarifies that the securities are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting changes in beneficial ownership without new operational or financial performance data.

Positives

• Franklin Templeton, Inc. maintains a significant stake (7.0%) in Select Water Solutions, Inc., indicating continued investment interest.
• The filing is an amendment to a Schedule 13G, suggesting a routine update rather than a significant negative event.

Negatives

• The filing does not contain any new financial performance data or operational updates for Select Water Solutions, Inc.

Risks

• The filing does not explicitly mention any new risks or challenges for Select Water Solutions, Inc.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding Select Water Solutions, Inc.'s future performance.

Management Comments

• Franklin Templeton, Inc. (FTI) was renamed from Franklin Resources, Inc. effective August 17, 2026.
• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

StockSavvy.ai notes that this filing is a routine Schedule 13G amendment, typical for large institutional investors like Franklin Templeton to report changes in beneficial ownership. It does not provide operational insights into Select Water Solutions, Inc. itself but rather reflects the investment management activities of Franklin Templeton's subsidiaries.

Stakeholder Impact

• Shareholders of Select Water Solutions, Inc. are informed of the updated significant beneficial ownership positions held by Franklin Templeton entities.
• The filing confirms that the reported securities are held in the ordinary course of business, which is a standard assurance for institutional investors.

Next Steps

• Franklin Templeton, Inc. and its subsidiaries will continue to report any further changes in beneficial ownership as required by SEC regulations.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Franklin Templeton, Select Water Solutions, Investment Management, Common Stock, SEC Filing