California Water Service Group (NYSE:CWT) Director Sells $25,105.00 in Stock

Posted by Brian Himes on Sep 4th, 2026

California Water Service Group (NYSE:CWT – Get Free Report) Director Lester Snow sold 500 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $50.21, for a total transaction of $25,105.00. Following the completion of the sale, the director directly owned 17,817 shares in the company, valued at $894,591.57. This trade represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

California Water Service Group Stock Up 0.7%

NYSE:CWT opened at $50.48 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.70 and a quick ratio of 0.67. The company’s fifty day moving average price is $50.15 and its 200-day moving average price is $46.87. California Water Service Group has a 1-year low of $41.29 and a 1-year high of $53.82. The firm has a market capitalization of $3.12 billion, a P/E ratio of 22.74, a PEG ratio of 1.78 and a beta of 0.50.

California Water Service Group (NYSE:CWT – Get Free Report) last posted its earnings results on Thursday, July 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.13. The company had revenue of $308.60 million during the quarter, compared to the consensus estimate of $283.50 million. California Water Service Group had a net margin of 12.63% and a return on equity of 7.74%. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 earnings per share. As a group, equities research analysts anticipate that California Water Service Group will post 2.57 EPS for the current year.

California Water Service Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Monday, August 10th were issued a $0.335 dividend. This represents a $1.34 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, August 10th. California Water Service Group’s payout ratio is 60.36%.

Institutional Investors Weigh In On California Water Service Group

Several hedge funds have recently modified their holdings of CWT. Danske Bank A S purchased a new position in shares of California Water Service Group in the 3rd quarter valued at about $28,000. EverSource Wealth Advisors LLC boosted 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 worth $32,000 after purchasing an additional 365 shares in the last quarter. Versant Capital Management Inc boosted its position in California Water Service Group by 228.2% during the second quarter. Versant Capital Management Inc now owns 676 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 470 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in California Water Service Group during the second quarter worth approximately $33,000. Finally, Bessemer Group Inc. grew its holdings in California Water Service Group by 67.9% in the first 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. 82.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CWT has been the topic of several analyst reports. Wall Street Zen raised California Water Service Group from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Seaport Research Partners reissued a “buy” rating and issued a $53.00 price target on shares of California Water Service Group in a report on Wednesday, August 12th. Finally, Weiss Ratings upgraded California Water Service Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, California Water Service Group currently has an average rating of “Hold” and a consensus target price of $54.00.

View Our Latest Stock Analysis on CWT

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.