California Water Service Group (CWT)

In the past six months, California Water Service Group scheduled its 2026 first-quarter earnings results announcement and conference call on April 9, 2026. The company was named to Newsweek's "Most Trustworthy Companies in America" list for the fourth consecutive year on April 2, 2026, and was recognized as one of America's Most Charitable Companies by Newsweek in March 2026. On March 13, 2026, California Water Service Group received a proposed decision on its 2024 California General Rate Case. The company reported its Q4 2025 earnings per share (EPS) of $0.19, missing estimates of $0.34 by 44.12%. CWT's stock price experienced a dip of 5.14% as of October 30, 2025. The company's weekly volatility has been stable over the past year, and it has not had significant price volatility in the past three months compared to the US market.

Demand for water utility services exhibits seasonality. Water consumption generally peaks in the summer months due to increased outdoor water use. Demand tends to dip during monsoon or rainy seasons as rainfall reduces the need for outdoor watering. Winter months typically show more stable consumption around annual averages. For California Water Service Group, the third quarter tends to be the strongest due to this seasonality. Water utilities often use seasonal rates to encourage conservation during peak demand periods.

California Water Service Group (CWT) is a U.S. water and utilities holding company providing regulated and non-regulated water and wastewater services. It operates in the Utilities sector, specifically in the Utilities - Regulated Water industry, focusing on the production, treatment, and distribution of water for various uses, including fire protection. CWT also offers wastewater services, non-regulated water-related services, antenna site leasing, and lab and insurance services.

California Water Service Group serves over 2.1 million people across five states through its subsidiaries. Its regulated utility operations are conducted through California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service. Texas Water Service invests in water and wastewater infrastructure in Texas. California Water Service serves approximately 2 million people in over 100 communities. Hawaii Water Service serves customers on Maui, Oahu, and the Big Island. New Mexico Water Service operates in central and northwest New Mexico. Washington Water Service provides services in northwestern Washington.

California Water Service Group has maintained a positive brand reputation in the past year. Newsweek magazine named California Water Service Group to its "Most Trustworthy Companies in America" list for the fourth consecutive year in April 2026. The company was also recognized as one of "America's Most Charitable Companies" by Newsweek in March 2026. In 2025, California Water Service Group donated over $1.88 million to local organizations and allocated $186,000 through its Firefighter Grant Program to nine fire departments. The company emphasizes its commitment to environmental stewardship, water-use efficiency, water supply planning, and responsible operations.

The ownership of California Water Service Group is primarily centered on long-term institutional investors and retail shareholders. Institutional investors account for the vast majority of ownership, typically ranging from 70% to 80%. Major institutional owners include BlackRock, Inc., The Vanguard Group Inc., State Street Corp, Amundi, Nuance Investments, Llc, Fmr Llc, Geode Capital Management, Llc, First Trust Advisors Lp, Dimensional Fund Advisors Lp, Invesco Ltd., and T. Rowe Price Investment Management Inc. BlackRock Inc. is the largest individual institutional shareholder, owning approximately 17.91% of the company's shares. Insiders collectively hold a low single-digit percentage of shares, typically around 2-3%. Retail investors hold approximately 13.99% of the company.