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

California Water Service Group (NYSE:CWT) – Stock analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for California Water Service Group in a research note issued on Wednesday, September 11th. Zacks Research analyst J. Saha now anticipates that the utilities provider will post earnings per share of $1.09 for the quarter, up from their prior forecast 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 quarterly earnings data on Thursday, August 1st. The utilities provider reported $0.70 earnings per share 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 company had revenue of $244.30 million for the quarter, compared to analyst estimates of $216.25 million. During the same quarter in the previous year, the company earned $0.17 EPS. The firm’s revenue for the quarter 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 lifted their price objective for the company from $50.00 to $57.00 in a report on Wednesday, July 31st. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $53.67.

California Water Service Group Price Performance

Shares of CWT opened at $55.49 on Monday. California Water Service Group has a twelve month low of $43.50 and a twelve month high of $55.56. The stock’s 50 day moving average is $53.38 and its two-hundred day moving average is $49.92. The firm has a market capitalization of $3.20 billion, a PE ratio of 22.20 and a beta of 0.49. The company has a current ratio of 0.52, a quick ratio of 0.49 and a debt-to-equity ratio of 0.68.

Institutional Trading of California Water Service Group

Several hedge funds and other institutional investors have recently bought and sold shares of CWT. Wulff Hansen & CO. grew its stake in California Water Service Group by 4,565.4% in the 2nd quarter. Wulff Hansen & CO. now owns 1,053,688 shares of the utilities provider’s stock worth $51,093,000 after acquiring an additional 1,031,103 shares during the period. Nuance Investments LLC grew its stake in shares of California Water Service Group by 40.8% during the 1st quarter. Nuance Investments LLC now owns 3,013,749 shares of the utilities provider’s stock valued at $140,079,000 after buying an additional 872,865 shares during the period. Norges Bank purchased a new stake in shares of California Water Service Group during the 4th quarter valued at $28,614,000. Vanguard Group Inc. grew its stake in shares of California Water Service Group by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 7,198,981 shares of the utilities provider’s stock valued at $334,609,000 after buying an additional 232,344 shares during the period. Finally, Zimmer Partners LP purchased a new stake in shares of California Water Service Group during the 1st quarter valued at $7,957,000. 82.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Thomas M. Krummel sold 555 shares of California Water Service Group stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $52.99, for a total transaction of $29,409.45. Following the completion of the transaction, the director now directly owns 23,616 shares in the company, valued at approximately $1,251,411.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Thomas M. Krummel sold 1,654 shares of California Water Service Group stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $50.07, for a total transaction of $82,815.78. Following the completion of the transaction, the director now directly owns 24,171 shares in the company, valued at approximately $1,210,241.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas M. Krummel sold 555 shares of California Water Service Group stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $52.99, for a total transaction of $29,409.45. Following the completion of the sale, the director now directly owns 23,616 shares of the company’s stock, valued at $1,251,411.84. The disclosure for this sale can be found here. In the last three months, insiders sold 3,874 shares of company stock worth $202,318. Company insiders own 0.73% of the company’s stock.

California Water Service Group Announces Dividend

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

California Water Service Group Company Profile

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.