Q3 2025 EPS Estimates for California Water Service Group Boosted by Zacks Research (NYSE:CWT)

California Water Service Group (NYSE:CWT) – Analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of California Water Service Group in a report released on Wednesday, September 11th. Zacks Research analyst J. Saha now anticipates that the utilities provider will post earnings per share of $1.09 for the quarter, up from their previous forecast of $1.08. The consensus estimate for California Water Service Group’s current full-year earnings is $3.33 per share. Zacks Research also issued estimates for California Water Service Group’s FY2025 earnings at $2.37 EPS.

California Water Service Group (NYSE:CWT) last announced its earnings results on Thursday, August 1st. The utilities provider reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.28. California Water Service Group had a net margin of 17.78% and a return on equity of 11.94%. The business had revenue of $244.30 million for the quarter, compared to the consensus estimate of $216.25 million. During the same period last year, the firm posted $0.17 earnings per share. California Water Service Group’s quarterly revenue was up 25.9% on a year-over-year basis.

Separately, Wells Fargo & Company upgraded California Water Service Group from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $50.00 to $57.00 in a research report on Wednesday, July 31st. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $53.67.

California Water Service Group Stock Performance

NYSE CWT opened at $55.06 on Monday. California Water Service Group has a 52-week low of $43.50 and a 52-week high of $56.25. The company has a fifty day moving average of $53.38 and a 200-day moving average of $49.92. The company has a market capitalization of $3.18 billion, a P/E ratio of 22.02 and a beta of 0.49. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.49 and a current ratio of 0.52.

Hedge Funds Weigh In On California Water Service Group

Several hedge funds and other institutional investors have recently modified their holdings of CWT. Charles Schwab Investment Management Inc. raised its position in California Water Service Group by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 613,581 shares of the utilities provider’s stock valued at $31,826,000 after purchasing an additional 32,053 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in California Water Service Group by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,249,050 shares of the utilities provider’s stock worth $64,789,000 after acquiring an additional 10,993 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in California Water Service Group by 46.7% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 6,237 shares of the utilities provider’s stock valued at $324,000 after acquiring an additional 1,985 shares in the last quarter. Quadrant Capital Group LLC increased its position in California Water Service Group by 93.3% during the 4th quarter. Quadrant Capital Group LLC now owns 3,748 shares of the utilities provider’s stock valued at $194,000 after purchasing an additional 1,809 shares during the period. Finally, Norges Bank purchased a new stake in shares of California Water Service Group in the 4th quarter worth about $28,614,000. 82.78% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Thomas M. Krummel sold 555 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $52.99, for a total transaction of $29,409.45. Following the transaction, the director now directly owns 23,616 shares of the company’s stock, valued at $1,251,411.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Thomas M. Krummel sold 1,654 shares of the company’s stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $50.07, for a total transaction of $82,815.78. Following the completion of the sale, the director now directly owns 24,171 shares in the company, valued at approximately $1,210,241.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas M. Krummel sold 555 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $52.99, for a total transaction of $29,409.45. Following the completion of the sale, the director now directly owns 23,616 shares in the company, valued at approximately $1,251,411.84. The disclosure for this sale can be found here. Insiders sold 3,874 shares of company stock valued at $202,318 over the last three months. Insiders own 0.73% of the company’s stock.

California Water Service Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Monday, August 12th. California Water Service Group’s payout ratio is presently 44.80%.

About California Water Service Group

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services.