Hollow Brook Wealth Management LLC Makes New $1.39 Million Investment in Flotek Industries, Inc. $FTK

Hollow Brook Wealth Management LLC purchased a new stake in Flotek Industries, Inc. (NYSE:FTK) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 95,379 shares of the oil and gas company’s stock, valued at approximately $1,393,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of FTK. Invesco Ltd. bought a new stake in shares of Flotek Industries in the 2nd quarter valued at about $4,436,000. Manatuck Hill Partners LLC acquired a new position in Flotek Industries during the third quarter worth approximately $3,854,000. UBS Group AG increased its position in Flotek Industries by 512.8% during the third quarter. UBS Group AG now owns 232,966 shares of the oil and gas company’s stock worth $3,401,000 after buying an additional 194,951 shares during the last quarter. CenterBook Partners LP bought a new stake in Flotek Industries in the third quarter valued at approximately $2,563,000. Finally, Geode Capital Management LLC raised its stake in Flotek Industries by 55.9% in the second quarter. Geode Capital Management LLC now owns 485,413 shares of the oil and gas company’s stock valued at $7,167,000 after buying an additional 174,144 shares during the period. Institutional investors own 10.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on FTK shares. Lake Street Capital initiated coverage on Flotek Industries in a research note on Thursday, January 29th. They set a “buy” rating and a $25.00 target price for the company. Northland Securities restated an “outperform” rating and issued a $20.00 price target on shares of Flotek Industries in a research note on Wednesday, December 31st. Wall Street Zen downgraded Flotek Industries from a “buy” rating to a “hold” rating in a report on Sunday, November 16th. Zacks Research cut shares of Flotek Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Flotek Industries in a report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $21.33.

Insider Transactions at Flotek Industries

In related news, CFO James Bond Clement sold 6,299 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.02, for a total transaction of $100,909.98. Following the sale, the chief financial officer owned 122,837 shares of the company’s stock, valued at $1,967,848.74. This represents a 4.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.02% of the stock is owned by corporate insiders.

Flotek Industries Stock Performance

NYSE FTK opened at $17.66 on Monday. The firm has a 50-day moving average price of $17.22 and a two-hundred day moving average price of $15.79. Flotek Industries, Inc. has a 12-month low of $6.05 and a 12-month high of $20.41. The company has a market capitalization of $530.74 million, a P/E ratio of 21.27 and a beta of 1.45. The company has a quick ratio of 1.63, a current ratio of 1.80 and a debt-to-equity ratio of 0.35.

Flotek Industries (NYSE:FTK) last announced its earnings results on Wednesday, March 11th. The oil and gas company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.07). Flotek Industries had a return on equity of 21.32% and a net margin of 12.87%.The business had revenue of $67.52 million for the quarter, compared to the consensus estimate of $53.37 million. Analysts anticipate that Flotek Industries, Inc. will post 0.29 earnings per share for the current year.

Trending Headlines about Flotek Industries

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

• Positive Sentiment: Company reported record Q4 revenue and emphasized strategic, data‑driven initiatives that management says should expand higher‑margin services and long‑term growth potential. Flotek Industries Inc (FTK) Q4 2025 Earnings Call Highlights: Record Revenue and Strategic …
• Positive Sentiment: Outside coverage (TipRanks) frames Flotek’s 2026 strategy as a “data‑driven breakout,” highlighting the potential for tech/services to drive higher margins and multiple expansion if execution continues. Flotek Industries Signals Data-Driven Breakout in 2026
• Neutral Sentiment: Full earnings call transcript and presentation are available for detail on margin drivers and any guidance; these documents will be key for investors assessing whether revenue growth converts to sustainable EPS gains. Flotek (FTK) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Coverage noted the stock’s movement was largely in line with the broader NYSE composite after results, suggesting market/sector flows also contributed to intraday direction. Flotek Industries (NYSE:FTK) Moves With NYSE Composite After Results
• Negative Sentiment: Earnings per share materially missed expectations — reported $0.08 vs. consensus ~$0.15 — raising near‑term profitability concerns despite stronger revenue. That EPS miss is a direct negative catalyst. Flotek Industries (FTK) Lags Q4 Earnings Estimates
• Negative Sentiment: Northland Securities trimmed its Q1 and Q2 2026 EPS forecasts (Q1: $0.11 from $0.15; Q2: $0.15 from $0.18) after the release, signalling analysts expect lower near‑term profitability; although Northland kept an Outperform rating and $20 target, the cuts add selling pressure. MarketBeat – FTK analyst update

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.