California Water Service (CWT)

• Market cap: $2.78B
• 1 day: -0.21%
• 5 days: -1.75%
• 1 month: 5.28%
• 3 months: -0.83%
• 6 months: 1.52%
• Year to date: 4.22%
• 1 year: -13.30%
• 5 years: 0.89%
• 10 years: 127.72%
• Sector: Utilities
• Industry: Water Utilities

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

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

28% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 32

10% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 113

0.35% more ownership

Funds ownership: 83.65% [Q1] → 84.0% (+0.35%) [Q2]

0% more funds holding

Funds holding: 326 [Q1] → 326 (+0) [Q2]

5% less capital invested

Capital invested by funds: $2.41B [Q1] → $2.28B (-$132M) [Q2]

24% less call options, than puts

Call options by funds: $90K | Put options by funds: $118K

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

Research analyst outlook

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

• Low target: $55 18% upside
• Avg. target: $55 18% upside
• High target: $55 18% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Jonathan Reeder

18% upside $55

Overweight Maintained

1 Aug 2025