California Water Service
CWT
Market cap $2.76B

46.33 USD

-0.35

0.75%

At close Jun 13, 4:00 PM EDT

After hours

46.33

+0.00

0.00%

1 day

-0.75%

5 days

1.53%

1 month

1.53%

3 months

-1.49%

6 months

-4.47%

Year to date

3.48%

1 year

-3.40%

5 years

-2.07%

10 years

102.14%

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

Utilities Water Utilities

0

Funds holding %

of 7,296 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] → 324 (+5) [Q1 2025]

1.1% more ownership

Funds ownership: 82.54% [Q4 2024] → 83.64% (+1.1%) [Q1 2025]

See Fund Rankings

Research analyst outlook

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

Low target

$54

17%

upside

Avg. target

$57

22%

upside

High target

$59

27%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Wells Fargo Jonathan Reeder	27%upside $59	Overweight Maintained	2 May 2025
Seaport Global Angie Storozynski	17%upside $54	Buy Upgraded	11 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about CWT published over the past 30 days

Zacks Investment Research

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

Zacks Investment Research

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

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

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

Zacks Investment Research

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

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

California Water Service: Quenching Thirst For Growth And Dividends With This Stock

Despite a perceived disappointing Q1 2025, California Water Service Group is undervalued relative to peers and its historical averages, offering a compelling entry point. CWT boasts consistent rate base growth, successful rate case approvals, and a robust capital expenditure plan to drive future earnings. As a Dividend King with 58 consecutive annual increases and a low payout ratio, CWT provides reliable and growing income for investors.

California Water Service: Quenching Thirst For Growth And Dividends With This Stock

California Water Service Provides 400 Students with Hands-On Learning to Care for Water Through Conservation Field Trips

SAN JOSE, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) has given more than 400 students from Chico to Los Angeles a hall pass to take their education beyond the classroom this spring.

California Water Service Provides 400 Students with Hands-On Learning to Care for Water Through Conservation Field Trips

California Water Service Group Details Progress to Reduce Environmental Footprint, Enhance Corporate Citizenship in 2024 Sustainability Report

SAN JOSE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- In its 2024 Sustainability Report and Analyst Download published today, California Water Service Group (Group) (NYSE: CWT) highlights recent and ongoing emissions reductions, water quality and infrastructure investments, employee development opportunities, corporate responsibility efforts, and more.

California Water Service Group Details Progress to Reduce Environmental Footprint, Enhance Corporate Citizenship in 2024 Sustainability Report

Hawaii Public Utilities Commission Sets New Rates for Hawaii Water Service to Help Keep Ka'anapali Water System Safe and Reliable

WAIKOLOA, Hawaii, May 06, 2025 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water) has received approval from the Hawaii Public Utilities Commission (HPUC) to increase annual revenue by $276,900 in its Ka'anapali system and adjust water rates accordingly. This increase in annual revenue is driven by recent upgrades to the water system infrastructure and increased operating costs.

Hawaii Public Utilities Commission Sets New Rates for Hawaii Water Service to Help Keep Ka'anapali Water System Safe and Reliable

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