Round Rock Advisors LLC Boosts Stake in Flotek Industries, Inc. $FTK

Round Rock Advisors LLC raised its position in Flotek Industries, Inc. (NYSE:FTK) by 203.4% during the second quarter, HoldingsChannel.com reports. The firm owned 81,471 shares of the oil and gas company’s stock after buying an additional 54,620 shares during the quarter. Round Rock Advisors LLC’s holdings in Flotek Industries were worth $1,916,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Millennium Management LLC raised its holdings in Flotek Industries by 304.4% in the third quarter. Millennium Management LLC now owns 809,398 shares of the oil and gas company’s stock valued at $11,817,000 after buying an additional 609,268 shares during the period. Invesco Ltd. acquired a new stake in shares of Flotek Industries in the second quarter worth $4,436,000. Dimensional Fund Advisors LP raised its stake in shares of Flotek Industries by 71.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 691,593 shares of the oil and gas company’s stock valued at $11,736,000 after acquiring an additional 288,064 shares during the period. Manatuck Hill Partners LLC purchased a new position in shares of Flotek Industries in the 3rd quarter valued at $3,854,000. Finally, UBS Group AG lifted its holdings in shares of Flotek Industries by 512.8% during the 3rd quarter. UBS Group AG now owns 232,966 shares of the oil and gas company’s stock valued at $3,401,000 after acquiring an additional 194,951 shares in the last quarter. 10.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FTK has been the subject of a number of research reports. JonesTrading started coverage on shares of Flotek Industries in a research report on Thursday, July 9th. They set a “buy” rating and a $40.00 price target for the company. Weiss Ratings upgraded Flotek Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 21st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $28.33.

Flotek Industries Trading Up 2.3%

Shares of FTK opened at $23.32 on Thursday. The company has a market capitalization of $844.80 million, a P/E ratio of 23.56 and a beta of 1.47. Flotek Industries, Inc. has a one year low of $10.95 and a one year high of $39.67. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.50 and a current ratio of 1.78. The stock has a 50-day moving average price of $26.47 and a 200 day moving average price of $21.25.

Flotek Industries (NYSE:FTK) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.13. Flotek Industries had a return on equity of 21.57% and a net margin of 12.97%.The company had revenue of $99.37 million for the quarter, compared to the consensus estimate of $69.51 million. Sell-side analysts forecast that Flotek Industries, Inc. will post 0.7 EPS for the current fiscal year.

Trending Headlines about Flotek Industries

Here are the key news stories impacting Flotek Industries this week:

• Positive Sentiment: Brokerages reportedly maintain a consensus “Moderate Buy” rating on Flotek Industries, offering some investor support. Flotek Industries Receives Moderate Buy Rating
• Positive Sentiment: Flotek’s latest reported quarter exceeded expectations, with earnings per share of $0.26 versus a $0.13 consensus estimate and revenue of $99.37 million versus estimates of $69.51 million. This prior operating momentum may be cushioning the stock against the litigation headlines.
• Neutral Sentiment: Multiple law firms reiterated that investors have until October 26, 2026 to seek lead-plaintiff status in a securities class action against Flotek. The repeated announcements largely concern the same previously filed lawsuit rather than separate confirmed judgments or settlements. Faruqi Securities Class Action Deadline
• Negative Sentiment: The lawsuit covers investors who purchased Flotek securities between August 3 and August 17, 2026, and alleges violations of federal securities laws by the company and certain officers. The allegations have not been proven in court. Bernstein Liebhard Flotek Class Action
• Negative Sentiment: According to the complaints, Flotek’s disclosures allegedly misrepresented or failed to fully explain risks tied to a roughly $400 million PREPA contract. The contract was terminated only 16 days after its announcement, while the related consortium reportedly represented 57% of the company’s backlog. If sustained, the claims could increase legal costs, damage investor confidence and pressure future revenue expectations. Levi and Korsinsky Flotek Lawsuit

Flotek Industries Profile

Flotek Industries, Inc (NYSE: FTK) is a Houston-based oilfield services provider specializing in innovative chemical technologies for the upstream energy sector. The company develops, manufactures and markets specialty drilling fluids, completion fluids and production chemicals that enhance drilling efficiency, optimize well performance and mitigate operational risks. Flotek’s solutions are designed to improve drilling rates of penetration, reduce nonproductive time and address challenging downhole environments, including high-pressure/high-temperature wells and sour service conditions.

Flotek’s operations are organized into three core business segments: Drilling & Completion Fluids, Production Chemicals & Process Management, and Water Solutions.