CWT icon

California Water Service

45.90 USD
-0.39
0.84%
At close Jul 11, 4:00 PM EDT
After hours
45.90
+0.00
0.00%
1 day
-0.84%
5 days
-0.22%
1 month
-1.73%
3 months
-8.82%
6 months
8.51%
Year to date
2.52%
1 year
-10.07%
5 years
-2.24%
10 years
94.08%
 

About: California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.

Employees: 1,278

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

88% more call options, than puts

Call options by funds: $436K | Put options by funds: $232K

27% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 37

20% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 100

8% more capital invested

Capital invested by funds: $2.22B [Q4 2024] → $2.41B (+$188M) [Q1 2025]

2% more funds holding

Funds holding: 319 [Q4 2024] → 325 (+6) [Q1 2025]

1.11% more ownership

Funds ownership: 82.54% [Q4 2024] → 83.65% (+1.11%) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$59
29%
upside
Avg. target
$59
29%
upside
High target
$59
29%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Wells Fargo
Jonathan Reeder
29%upside
$59
Overweight
Maintained
2 May 2025

Financial journalist opinion

Based on 4 articles about CWT published over the past 30 days

Neutral
GlobeNewsWire
1 day ago
California Water Service Group Schedules 2025 Second-Quarter Earnings Results Announcement and Conference Call
SAN JOSE, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 second-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, July 31, 2025.
California Water Service Group Schedules 2025 Second-Quarter Earnings Results Announcement and Conference Call
Neutral
GlobeNewsWire
1 day ago
S&P Global Retains A+/Stable Rating for California Water Service
SAN JOSE, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT) today announced that S&P Global has retained an A+/Stable credit rating for California Water Service (Cal Water), Group's largest subsidiary, indicating a business risk rating of “excellent” and a financial risk rating of “intermediate.”
S&P Global Retains A+/Stable Rating for California Water Service
Positive
Zacks Investment Research
2 weeks ago
California Water Boosts Wastewater Operations Through Silverwood Deal
CWT expands into Silverwood's wastewater systems, boosting sustainability and growth across California's water sector.
California Water Boosts Wastewater Operations Through Silverwood Deal
Neutral
GlobeNewsWire
2 weeks ago
California Water Service to Own, Operate New Silverwood Development's Wastewater and Recycled Water Systems
SAN JOSE, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- In an expansion of its wastewater and recycled water operations, California Water Service (Cal Water) has signed an agreement with an affiliate of DMB Development to own and operate the wastewater and recycled water systems of Silverwood, a new master-planned, mixed-use community currently under construction in San Bernardino County, Calif. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT), whose subsidiaries provide water, wastewater, and recycled water utility services across the western United States.
California Water Service to Own, Operate New Silverwood Development's Wastewater and Recycled Water Systems
Positive
Zacks Investment Research
1 month ago
Reasons to Include California Water Stock in Your Portfolio Right Away
CWT's steady earnings growth, dividend strength and infrastructure expansion make it a compelling utility stock pick now.
Reasons to Include California Water Stock in Your Portfolio Right Away
Positive
Zacks Investment Research
1 month ago
California Water's Arm Gets Rate Hike Approval to Boost Stroh's System
CWT's subsidiary Washington Water gets UTC approval to raise revenues by $178k, funding key upgrades in the Stroh's system.
California Water's Arm Gets Rate Hike Approval to Boost Stroh's System
Neutral
GlobeNewsWire
1 month ago
Washington Utilities and Transportation Commission Sets New Rates for Washington Water Service's Stroh's Water System to Help Keep Service Safe and Reliable
GIG HARBOR, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Washington Utilities and Transportation Commission (UTC) to increase annual revenue by approximately $178,000 in its Stroh's water system and adjust water rates accordingly.
Washington Utilities and Transportation Commission Sets New Rates for Washington Water Service's Stroh's Water System to Help Keep Service Safe and Reliable
Positive
Seeking Alpha
1 month ago
June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs
Most Dividend Kings are currently overpriced, but six offer fair value where annual dividends from $1,000 invested exceed their share price. Three top-yield Dividend Kings—Altria, Northwest Natural, and Canadian Utilities—meet the ideal 'dogcatcher' standard for fair pricing and dividend safety. Analyst projections suggest select Dividend Kings could deliver up to 58% total returns by June 2026, with lower volatility than the market overall.
June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs
Positive
Zacks Investment Research
1 month ago
California Water to Buy Casa Loma & Palm Mutual Water Utility Assets
CWT inks deals to acquire Casa Loma and Palm Mutual systems, boosting its presence in the Bakersfield region.
California Water to Buy Casa Loma & Palm Mutual Water Utility Assets
Neutral
GlobeNewsWire
1 month ago
California Water Service Enters into Agreement to Acquire Casa Loma Water Company and Palm Mutual Water Company
SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has signed agreements with Casa Loma Water Company (Casa Loma) and Palm Mutual Water Company (Palm Mutual) to acquire both systems' water utility assets.
California Water Service Enters into Agreement to Acquire Casa Loma Water Company and Palm Mutual Water Company
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