Insider Selling: California Water Service Group (NYSE:CWT) Director Sells $48,400.00 in Stock

Posted by Brenda Bartman on May 30th, 2026

California Water Service Group (NYSE:CWT – Get Free Report) Director Lester Snow sold 1,100 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $44.00, for a total value of $48,400.00. Following the completion of the sale, the director directly owned 18,316 shares of the company’s stock, valued at approximately $805,904. The trade was a 5.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

California Water Service Group Trading Up 3.0%

Shares of CWT stock opened at $45.12 on Friday. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 1.61 and a beta of 0.51. The stock has a 50-day moving average of $44.71 and a 200-day moving average of $44.69. The company has a current ratio of 0.69, a quick ratio of 0.65 and a debt-to-equity ratio of 0.87. California Water Service Group has a 1-year low of $41.29 and a 1-year high of $50.44.

California Water Service Group (NYSE:CWT – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The utilities provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.18). The company had revenue of $214.57 million during the quarter, compared to analyst estimates of $210.27 million. California Water Service Group had a net margin of 11.77% and a return on equity of 7.06%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 EPS. On average, equities research analysts forecast that California Water Service Group will post 2.56 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, May 22nd. Stockholders of record on Monday, May 11th were paid a $0.335 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.34 annualized dividend and a dividend yield of 3.0%. California Water Service Group’s dividend payout ratio is presently 67.00%.

Institutional Investors Weigh In On California Water Service Group

Large investors have recently added to or reduced their stakes in the business. Arizona State Retirement System raised its stake in shares of California Water Service Group by 1.5% during the 3rd quarter. Arizona State Retirement System now owns 17,627 shares of the utilities provider’s stock valued at $809,000 after purchasing an additional 266 shares during the period. California State Teachers Retirement System raised its stake in shares of California Water Service Group by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 54,416 shares of the utilities provider’s stock valued at $2,475,000 after purchasing an additional 278 shares during the period. Bessemer Group Inc. raised its stake in shares of California Water Service Group by 67.9% during the 1st quarter. Bessemer Group Inc. now owns 744 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 301 shares during the period. Amalgamated Bank raised its stake in shares of California Water Service Group by 1.8% during the 3rd quarter. Amalgamated Bank now owns 17,260 shares of the utilities provider’s stock valued at $792,000 after purchasing an additional 306 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of California Water Service Group by 109.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 697 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 365 shares during the period. Institutional investors and hedge funds own 82.78% of the company’s stock.

Wall Street Analyst Weigh In

CWT has been the subject of several recent research reports. Robert W. Baird set a $54.00 price target on California Water Service Group in a research note on Friday, May 1st. Weiss Ratings cut California Water Service Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, California Water Service Group presently has an average rating of “Moderate Buy” and a consensus price target of $54.50.

View Our Latest Analysis on California Water Service Group

About California Water Service Group

(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.