California Water Service Group (NYSE:CWT) Director Sells $160,210.00 in Stock

Posted by Brian Himes on May 21st, 2026

California Water Service Group (NYSE:CWT – Get Free Report) Director Thomas Krummel sold 3,700 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $43.30, for a total value of $160,210.00. Following the transaction, the director owned 23,805 shares of the company’s stock, valued at approximately $1,030,756.50. This represents a 13.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

California Water Service Group Trading Down 0.3%

Shares of California Water Service Group stock traded down $0.15 during midday trading on Thursday, reaching $43.20. 461,691 shares of the company’s stock traded hands, compared to its average volume of 448,859. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.65 and a current ratio of 0.69. The company has a market cap of $2.59 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of 1.58 and a beta of 0.51. The stock has a 50 day moving average of $44.76 and a 200-day moving average of $44.78. California Water Service Group has a 12 month low of $41.29 and a 12 month high of $50.44.

California Water Service Group (NYSE:CWT – Get Free Report) last announced its earnings results on Thursday, April 30th. The utilities provider reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.18). The business had revenue of $214.57 million for the quarter, compared to the consensus estimate of $210.27 million. California Water Service Group had a net margin of 11.77% and a return on equity of 7.06%. California Water Service Group’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 EPS. As a group, equities analysts expect that California Water Service Group will post 2.56 EPS for the current fiscal year.

California Water Service Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 11th will be issued a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Monday, May 11th. California Water Service Group’s dividend payout ratio is currently 67.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CWT shares. Weiss Ratings raised California Water Service Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Robert W. Baird set a $54.00 price target on California Water Service Group in a research note on Friday, May 1st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $54.50.

View Our Latest Stock Report on CWT

Institutional Investors Weigh In On California Water Service Group

Institutional investors have recently modified their holdings of the stock. Danske Bank A S purchased a new stake in shares of California Water Service Group in the third quarter worth $28,000. EverSource Wealth Advisors LLC grew its position in California Water Service Group by 109.9% during the second 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 period. Bessemer Group Inc. raised its holdings in California Water Service Group by 67.9% in the 1st quarter. Bessemer Group Inc. now owns 744 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 301 shares during the period. Hantz Financial Services Inc. lifted its position in shares of California Water Service Group by 291.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 880 shares of the utilities provider’s stock valued at $40,000 after buying an additional 655 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of California Water Service Group in the third quarter worth approximately $43,000. 82.78% of the stock is owned by hedge funds and other institutional investors.

California Water Service Group News Summary

Here are the key news stories impacting California Water Service Group this week:

Positive Sentiment: Zacks Research raised its estimates for multiple periods, including FY2026, FY2027, FY2028, Q2 2026, Q3 2026 and Q4 2026, signaling improving profit expectations for California Water Service Group.
Positive Sentiment: The biggest boost came in Q4 2026, where Zacks lifted EPS estimates to $0.37 from $0.25, a notable upward revision that may support sentiment around the stock.
Positive Sentiment: Analysts also nudged longer-term forecasts higher, including FY2027 EPS to $2.71 and FY2028 EPS to $2.76, suggesting confidence in the company’s earnings trajectory.
Positive Sentiment: California Water Service Group announced promotions of Tamara S. Johnson and Gregory D. Shimansky to vice president roles, which may be viewed as a stability/continuity move in operations and regulatory affairs. Article Title
Neutral Sentiment: One Zacks update trimmed Q2 2027 EPS to $0.75 from $0.79, a modest downward revision that tempers the otherwise constructive analyst commentary.

California Water Service Group Company Profile

(Get Free Report)

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.