SG Americas Securities LLC grew its holdings in shares of California Water Service Group (NYSE:CWT – Free Report) by 270.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 44,871 shares of the utilities provider’s stock after acquiring an additional 32,750 shares during the period. SG Americas Securities LLC’s holdings in California Water Service Group were worth $2,059,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of CWT. Farther Finance Advisors LLC increased its holdings in California Water Service Group by 3,318.8% in the third quarter. Farther Finance Advisors LLC now owns 547 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 531 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of California Water Service Group by 109.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 697 shares of the utilities provider’s stock valued at $32,000 after buying an additional 365 shares during the last quarter. Whittier Trust Co. bought a new stake in shares of California Water Service Group in the 2nd quarter valued at about $36,000. Signaturefd LLC increased its stake in shares of California Water Service Group by 130.1% in the second quarter. Signaturefd LLC now owns 1,397 shares of the utilities provider’s stock valued at $64,000 after buying an additional 790 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of California Water Service Group by 76.9% during the second quarter. GAMMA Investing LLC now owns 1,514 shares of the utilities provider’s stock worth $69,000 after acquiring an additional 658 shares during the last quarter. Institutional investors own 82.78% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Robert W. Baird set a $55.00 price objective on California Water Service Group in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of California Water Service Group in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, California Water Service Group currently has an average rating of “Buy” and an average target price of $55.00.
Trending Headlines about California Water Service Group
Here are the key news stories impacting California Water Service Group this week:
- Positive Sentiment: Zacks raised several quarter-level forecasts for 2026–2027 (notably Q2 2026 to $0.69 from $0.66, Q1 2027 to $0.27 from $0.26, Q2 2027 to $0.72 from $0.69, and Q3 2027 to $1.32 from $1.28) — signals of stronger expected seasonal/longer‑term earnings in portions of the outlook.
- Neutral Sentiment: Zacks published a valuation/comparison piece weighing CWT vs. American Water Works (AWK), which can drive relative‑value flows into the stock as investors re‑assess which water utility offers better growth/yield tradeoffs. CWT vs. AWK: Which Stock Is the Better Value Option?
- Negative Sentiment: Zacks trimmed near‑term and some full‑year forecasts: Q3 2026 EPS to $1.21 (from $1.22), FY2026 to $2.52 (from $2.53), Q4 2026 to $0.39 (from $0.43), and Q4 2027 to $0.32 (from $0.40). Those cuts—while modest—point to some downward revision risk to near‑term profitability and may temper expectations until regulatory/rate drivers are clearer.
California Water Service Group Trading Up 2.5%
NYSE CWT opened at $45.61 on Thursday. The stock has a market capitalization of $2.72 billion, a P/E ratio of 19.92, a P/E/G ratio of 2.02 and a beta of 0.64. The business has a 50 day simple moving average of $44.32 and a 200 day simple moving average of $45.66. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.55 and a quick ratio of 0.52. California Water Service Group has a one year low of $41.29 and a one year high of $51.63.
California Water Service Group (NYSE:CWT – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The utilities provider reported $1.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.17). The business had revenue of $311.24 million for the quarter, compared to the consensus estimate of $321.35 million. California Water Service Group had a return on equity of 8.23% and a net margin of 13.61%.California Water Service Group’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.03 earnings per share. Research analysts expect that California Water Service Group will post 3.15 earnings per share for the current year.
California Water Service Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Monday, November 10th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Monday, November 10th. California Water Service Group’s dividend payout ratio (DPR) is presently 52.40%.
About California Water Service Group
California Water Service Group (NYSE: CWT) is a publicly traded holding company that provides regulated water utility services through its subsidiaries. The company delivers safe, reliable drinking water and wastewater management to residential, commercial, industrial and municipal customers across California, Hawaii and New Mexico. Its principal operating units include California Water Service, New Mexico Water Service and Hawaii Water Service, each responsible for end‐to‐end water supply operations—from source development and treatment to distribution and customer service.
Founded in 1926 as the California Water Service Company, the group has grown to become one of the largest investor‐owned water utilities in the United States by customer count.
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