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Is WaterBridge Inventory a Purchase After Ranger Funding Raised Its Stake by 345,000 Shares?


What occurred

In line with a Securities and Exchange Commission (SEC) filing dated Might 15, 2026, Ranger Funding Administration, L.P. elevated its holding in WaterBridge Infrastructure LLC (NYSE:WBI) by 345,554 shares through the first quarter.

The estimated transaction worth for this exercise was $8.23 million, based mostly on the quarter’s common closing worth. The place’s worth at quarter-end rose by $13.18 million, a determine that features each the extra shares and adjustments in WaterBridge’s share worth.

What else to know

  • Ranger’s purchase brings its WaterBridge stake to 1.79% of 13F reportable belongings, with 924,570 shares at quarter-end.

  • High 5 holdings after the submitting:

    • NASDAQ:LGND: $53.49 million (3.9% of AUM)

    • NASDAQ:PEGA: $44.81 million (3.2% of AUM)

    • NASDAQ:PDFS: $41.86 million (3.0% of AUM)

    • NYSE:ULS: $38.31 million (2.8% of AUM)

    • NYSE:SEI: $34.35 million (2.5% of AUM)

  • As of Might 14, 2026, WaterBridge shares have been priced at $29.80, up from the September IPO worth of $20.

Firm Overview

Metric

Worth

Value (as of market shut 2026-05-15)

$29.80

Market Capitalization

$1.42 billion

Income (TTM)

$525.55 million

Internet Revenue (TTM)

($4.54 million)

Firm Snapshot

  • WaterBridge Infrastructure presents water administration options together with assortment, transportation, recycling, and disposal for oil and fuel producers, with operations concentrated within the Delaware, Eagle Ford, and Arkoma basins.

  • It leverages owned infrastructure networks to offer water administration, logistics, and recycling providers to grease and fuel producers.

  • The corporate serves upstream oil and fuel operators, primarily exploration and manufacturing firms working in main U.S. shale basins.

WaterBridge Infrastructure LLC is a number one supplier of water administration infrastructure for the vitality sector, specializing in the gathering and recycling of produced water to assist oil and fuel operations. The corporate operates an intensive community of belongings in key U.S. shale basins, providing dependable, scalable options which can be important to its prospects’ manufacturing actions.

By sustaining long-term contracts with main vitality producers and investing in strategically positioned infrastructure, WaterBridge strengthens its market place and delivers secure, recurring income streams. Its built-in method to water logistics and recycling offers a aggressive edge in supporting sustainable vitality improvement.

What this transaction means for buyers

The primary quarter buy of WaterBridge Infrastructure inventory by Dallas-based Ranger Funding Administration is a noteworthy occasion. It signifies the advisory agency is bullish on WaterBridge, a lot in order that it added to its present stake.



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