Zacks Research Comments on California Water Service Group’s Q3 2025 Earnings (NYSE:CWT)

California Water Service Group (NYSE:CWT) – Zacks Research upped their Q3 2025 earnings per share estimates for shares of California Water Service Group in a research note issued to investors on Wednesday, September 11th. Zacks Research analyst J. Saha now expects that the utilities provider will earn $1.09 per share for the quarter, up from their prior estimate of $1.08. The consensus estimate for California Water Service Group’s current full-year earnings is $3.33 per share. Zacks Research also issued estimates for California Water Service Group’s FY2025 earnings at $2.37 EPS.

California Water Service Group (NYSE:CWT) last announced its earnings results on Thursday, August 1st. The utilities provider reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.28. California Water Service Group had a return on equity of 11.94% and a net margin of 17.78%. The business had revenue of $244.30 million during the quarter, compared to analysts’ expectations of $216.25 million. During the same quarter in the prior year, the firm earned $0.17 earnings per share. The business’s revenue was up 25.9% compared to the same quarter last year.

Separately, Wells Fargo & Company raised California Water Service Group from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $50.00 to $57.00 in a report on Wednesday, July 31st. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $53.67.

California Water Service Group Price Performance

Shares of California Water Service Group stock opened at $55.49 on Monday. The business has a 50 day simple moving average of $53.38 and a two-hundred day simple moving average of $49.92. California Water Service Group has a 12 month low of $43.50 and a 12 month high of $55.56. The stock has a market capitalization of $3.20 billion, a P/E ratio of 22.20 and a beta of 0.49. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.52 and a quick ratio of 0.49.

Institutional Trading of California Water Service Group

A number of hedge funds and other institutional investors have recently bought and sold shares of CWT. GAMMA Investing LLC grew its holdings in shares of California Water Service Group by 109.9% during the second quarter. GAMMA Investing LLC now owns 823 shares of the utilities provider’s stock worth $40,000 after purchasing an additional 431 shares during the last quarter. TFO Wealth Partners LLC grew its holdings in shares of California Water Service Group by 57,000.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,142 shares of the utilities provider’s stock worth $59,000 after purchasing an additional 1,140 shares during the last quarter. CWM LLC grew its holdings in shares of California Water Service Group by 90.8% during the second quarter. CWM LLC now owns 1,349 shares of the utilities provider’s stock worth $65,000 after purchasing an additional 642 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of California Water Service Group during the second quarter worth about $85,000. Finally, Rothschild Investment LLC purchased a new position in shares of California Water Service Group during the second quarter worth about $127,000. 82.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Thomas M. Krummel sold 555 shares of the stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $52.99, for a total value of $29,409.45. Following the sale, the director now directly owns 23,616 shares in the company, valued at $1,251,411.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other California Water Service Group news, Director Thomas M. Krummel sold 1,654 shares of the firm’s stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $50.07, for a total value of $82,815.78. Following the sale, the director now directly owns 24,171 shares in the company, valued at $1,210,241.97. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Thomas M. Krummel sold 555 shares of the firm’s stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $52.99, for a total value of $29,409.45. Following the completion of the sale, the director now owns 23,616 shares in the company, valued at $1,251,411.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,874 shares of company stock worth $202,318. Corporate insiders own 0.73% of the company’s stock.

California Water Service Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.02%. The ex-dividend date was Monday, August 12th. California Water Service Group’s payout ratio is currently 44.80%.

About California Water Service Group

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services.