SAN JOSE, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), a leading investor-owned, pure-play water and wastewater utility, today announced that it has changed its name to H2O America and unveiled a new logo and corporate brand. The company also announced a new Nasdaq ticker symbol, HTO, which takes effect today and replaces its former symbol, SJW. The new name reflects the company's evolution into a national platform while reinforcing its deep, ongoing commitment to the local communities it serves. At the heart of the rebrand is a powerful promise: We protect what's precious. This guiding purpose reflects the essential role water plays in everyday life—and the responsibi

First quarter 2025 reported diluted EPS of $0.49, a 36% increase in diluted EPS over the prior year, and adjusted diluted EPS of $0.50, a 39% increase in adjusted diluted EPS over the prior yearFirst quarter 2025 infrastructure investment was $78.2 million2, on track for full-year capital expenditures of $473 million2 due to seasonality of the construction seasonDeclares $0.42 cash dividend per share of common stock SAN JOSE, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) today reported financial results for the first quarter of 2025. "We are pleased with our financial results for the quarter, which demonstrate the strength of our local water operations and the continu

SAN JOSE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its board of directors has appointed Kay R. New as chief human resources officer (CHRO), effective immediately. In her new role, New will oversee enterprise-wide efforts related to talent development, organizational effectiveness, employee engagement and performance. "Kay is an outstanding utility executive whose experience uniting teams, building high-performance cultures, and leading employee-focused initiatives at a national scale makes her an ideal fit for SJW Group," stated Eric W. Thornburg, chair, president and

SAN JOSE, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) expects to report financial results for the first quarter 2025 after the close of the market on April 28, 2025. Eric W. Thornburg, president, chief executive officer and board chair, Andrew F. Walters, chief financial officer and treasurer, Bruce A. Hauk, chief operating officer, Kristen A. Johnson, senior vice president and chief administrative officer, and Ann P. Kelly, chief accounting officer, will host a conference call at 11 a.m. (Pacific time), 2:00 p.m. (Eastern time) on Tuesday, April 29, to discuss first quarter results. Investors, media, analysts and the public may listen to the live webcast of the

SAN JOSE, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its Board of Directors has appointed Ann P. Kelly as Chief Financial Officer (CFO) and Treasurer, effective July 1, 2025. Kelly, who joined SJW Group in November 2024 as Chief Accounting Officer, has already played a key role in advancing the company's business transformation and operational excellence. In her new role, Kelly will lead business planning, growth and development, and oversee core financial functions including treasury and investor relations. Her promotion follows the recent retirement announcement of Eric

Eric W. Thornburg to retire as Chief Executive Officer and President effective June 30, 2025; will remain on as non-executive Chair of the BoardAndrew F. Walters named next Chief Executive OfficerBruce A. Hauk promoted to PresidentKristen A. Johnson promoted to President of the newly formed Shared Services organization SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), one of the nation's largest investor-owned pure-play water and wastewater utilities, today announced a leadership transition that marks the next phase of the company's strategic direction and planned growth. After eight years of servant leadership and over 40 years of service to the drinking water p

2024 reported diluted EPS of $2.87 and adjusted diluted EPS of $2.95, ahead of guidance2025 estimated adjusted diluted EPS (non-GAAP) guidance of $2.90 to $3.001Five-year capital plan increasing 25% to $2.0 billion2 to fund infrastructure replacement, PFAS remediation and additional water supplies SAN JOSE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) today reported financial results for 2024. "I am pleased to report another year of strong performance, driven by our talented teams and a proven business strategy that delivers results," stated SJW Group Chair, CEO, and President Eric W. Thornburg. "Our year-over-year EPS growth, exceeding our 2024 guidance, and substant

SAN JOSE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) expects to report financial results for the fourth quarter and full-year 2024 and announce guidance, including the company's five-year capital plan, after the close of the market on Feb. 26, 2025. Eric W. Thornburg, president, chief executive officer and board chair, Andrew F. Walters, chief financial officer and treasurer, Bruce A. Hauk, chief operating officer, and Kristen A. Johnson, senior vice president and chief administrative officer, will host a conference call at 11 a.m. (Pacific time), 2:00 p.m. (Eastern time) on Thursday, Feb. 27. The call will include a discussion of 2024 fourth quarter and full year r

5% increase in annual dividend57 consecutive years of annual dividend increasesMore than 80 consecutive years of dividend payments SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of SJW Group (NASDAQ:SJW) has declared a quarterly cash dividend of $0.42 per share payable on March 3, 2025, to all shareholders of record at the close of business on Feb. 10, 2025. The March dividend will represent a 5% increase over the dividend paid in December 2024. The 2025 annualized dividend is expected to be $1.68 per share compared with $1.60 per share in 2024. "The action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group's miss

9.81% return on equity, maintains 10.01% return on equity prior to 20 basis point reduction related to the Water Conservation Memorandum Account (WCMA) Timing for next cost of capital filing will be May 1, 2026, effective January 1, 2027 Water Cost of Capital Mechanism (WCCM) remains in place until January 1, 2027 SAN JOSE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) announced today that its wholly owned subsidiary, San Jose Water Company, along with three other California water utilities (the "Joint Parties") received a letter dated January 14, 2025, from the Executive Director of the California Public Utilities Commission ("CPUC") granting the Joint Pa

SAN JOSE, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its board of directors has appointed Kay R. New as chief human resources officer (CHRO), effective immediately. In her new role, New will oversee enterprise-wide efforts related to talent development, organizational effectiveness, employee engagement and performance. "Kay is an outstanding utility executive whose experience uniting teams, building high-performance cultures, and leading employee-focused initiatives at a national scale makes her an ideal fit for SJW Group," stated Eric W. Thornburg, chair, president and

Eric W. Thornburg to retire as Chief Executive Officer and President effective June 30, 2025; will remain on as non-executive Chair of the BoardAndrew F. Walters named next Chief Executive OfficerBruce A. Hauk promoted to PresidentKristen A. Johnson promoted to President of the newly formed Shared Services organization SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), one of the nation's largest investor-owned pure-play water and wastewater utilities, today announced a leadership transition that marks the next phase of the company's strategic direction and planned growth. After eight years of servant leadership and over 40 years of service to the drinking water p

SAN JOSE, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), a leading investor-owned pure-play water and wastewater utility, is pleased to announce the appointment of Douwe Busschops as chief information officer (CIO), effective today. In this role, Busschops will focus on the integration and optimization of technology systems to enhance operational efficiency, customer experience, and long-term business growth. "Douwe is an accomplished technology leader with a wealth of experience leading digital innovation and customer-focused technology solutions," said Eric Thornburg, president, chair and CEO of SJW Group. "He will be an invaluable asset as we execute on the company's

SJW Group (NYSE:SJW) today announced that its board of directors has appointed Marisa Joss as corporate secretary, effective October 25, 2023. She joined the company in September 2022. Joss will also continue in her previous role as deputy general counsel subsidiaries, reporting to Willie Brown, vice president and general counsel of SJW Group. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231101083889/en/Marisa Joss appointed Corporate Secretary of SJW Group. (Photo: Business Wire) SJW Group Chair, President and CEO Eric W. Thornburg said, "Marisa has earned the trust and admiration of our executive team and the board of direct

SJW Group (NYSE:SJW) today announced the appointment of Denise L. Kruger to the SJW Group board of directors effective, Sept. 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230830333724/en/Denise L. Kruger appointed to the SJW Group Board of Directors effective on September 1. (Photo: Business Wire) Kruger has been a leader in the drinking water industry for 30 years. Prior to her retirement in 2021, she was senior vice president, regulated utilities at Golden State Water Company, a subsidiary of American States Water, based in California. Her previous experience includes executive leadership roles in customer service and wat

SJW Group (NYSE:SJW) today announced that its board of directors has appointed Thomas A. Hodge as vice president of business development, effective April 1. Hodge has also been appointed president of Texas Water Operation Services, LLC. He has been with SJW since 2002 and has led the company's rapidly growing Texas subsidiary, The Texas Water Company (TWC), as president since 2007. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230406005016/en/SJW Group appoints Thomas A. Hodge as Vice President of Business Development and President of Texas Water Operations, LLC. (Photo: Business Wire) Hodge will be responsible for business dev

The SJW Group (NYSE:SJW) board of directors has appointed James P. Lynch as chief accounting officer and Andrew F. Walters as chief financial officer. Peter Fletcher has been appointed vice president - information security officer of San Jose Water Co., a wholly owned subsidiary of SJW Group. The appointments were effective on Jan. 26. Lynch and Walters have both held previous officer positions at SJW Group. Lynch, who had served as the CFO and treasurer since 2010, has taken on the role of CAO. In this role, he will continue to be responsible for all aspects of financial reporting, leading the company's accounting team to ensure compliance with accounting practices and providing strategie

SJW Group (NYSE:SJW) today announced the appointment of Becky Armendariz Klein to the SJW Group Board of Directors. Ms. Klein has been appointed as an independent member of the board who will serve on the Sustainability and Executive Compensation Committees, effective December 17, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211217005654/en/SJW Group Announces Appointment of Rebecca ("Becky") Armendariz Klein to Board of Directors. (Photo: Business Wire) Since 2006, Klein has been the principal at Klein Energy, LLC, an energy and water consulting company based in Austin, Texas, where she shares her extensive experience wi

BofA Securities upgraded SJW from Neutral to Buy and set a new price target of $55.00 from $59.00 previously

BofA Securities initiated coverage of SJW with a rating of Neutral and set a new price target of $65.00

Seaport Research Partners upgraded SJW from Neutral to Buy and set a new price target of $68.00

Wells Fargo upgraded SJW from Underweight to Equal Weight and set a new price target of $61.00 from $67.00 previously

UBS downgraded SJW from Buy to Neutral and set a new price target of $78.00 from $85.00 previously

Wells Fargo downgraded SJW from Equal Weight to Underweight and set a new price target of $76.00

JP Morgan downgraded SJW from Overweight to Neutral and set a new price target of $84.00 from $86.00 previously

RBC Capital Mkts downgraded SJW from Outperform to Sector Perform and set a new price target of $85.00 from $76.00 previously

Seaport Research Partners downgraded SJW from Buy to Neutral

Seaport Research Partners downgraded SJW from Buy to Neutral

First quarter 2025 reported diluted EPS of $0.49, a 36% increase in diluted EPS over the prior year, and adjusted diluted EPS of $0.50, a 39% increase in adjusted diluted EPS over the prior yearFirst quarter 2025 infrastructure investment was $78.2 million2, on track for full-year capital expenditures of $473 million2 due to seasonality of the construction seasonDeclares $0.42 cash dividend per share of common stock SAN JOSE, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) today reported financial results for the first quarter of 2025. "We are pleased with our financial results for the quarter, which demonstrate the strength of our local water operations and the continu

SAN JOSE, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) expects to report financial results for the first quarter 2025 after the close of the market on April 28, 2025. Eric W. Thornburg, president, chief executive officer and board chair, Andrew F. Walters, chief financial officer and treasurer, Bruce A. Hauk, chief operating officer, Kristen A. Johnson, senior vice president and chief administrative officer, and Ann P. Kelly, chief accounting officer, will host a conference call at 11 a.m. (Pacific time), 2:00 p.m. (Eastern time) on Tuesday, April 29, to discuss first quarter results. Investors, media, analysts and the public may listen to the live webcast of the

2024 reported diluted EPS of $2.87 and adjusted diluted EPS of $2.95, ahead of guidance2025 estimated adjusted diluted EPS (non-GAAP) guidance of $2.90 to $3.001Five-year capital plan increasing 25% to $2.0 billion2 to fund infrastructure replacement, PFAS remediation and additional water supplies SAN JOSE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) today reported financial results for 2024. "I am pleased to report another year of strong performance, driven by our talented teams and a proven business strategy that delivers results," stated SJW Group Chair, CEO, and President Eric W. Thornburg. "Our year-over-year EPS growth, exceeding our 2024 guidance, and substant

SAN JOSE, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW) expects to report financial results for the fourth quarter and full-year 2024 and announce guidance, including the company's five-year capital plan, after the close of the market on Feb. 26, 2025. Eric W. Thornburg, president, chief executive officer and board chair, Andrew F. Walters, chief financial officer and treasurer, Bruce A. Hauk, chief operating officer, and Kristen A. Johnson, senior vice president and chief administrative officer, will host a conference call at 11 a.m. (Pacific time), 2:00 p.m. (Eastern time) on Thursday, Feb. 27. The call will include a discussion of 2024 fourth quarter and full year r

5% increase in annual dividend57 consecutive years of annual dividend increasesMore than 80 consecutive years of dividend payments SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of SJW Group (NASDAQ:SJW) has declared a quarterly cash dividend of $0.42 per share payable on March 3, 2025, to all shareholders of record at the close of business on Feb. 10, 2025. The March dividend will represent a 5% increase over the dividend paid in December 2024. The 2025 annualized dividend is expected to be $1.68 per share compared with $1.60 per share in 2024. "The action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group's miss

Delivers $1.17 of GAAP diluted earnings per share (EPS) for the quarter, a year-over-year increase of $0.04; adjusted diluted EPS (non-GAAP) of $1.18 for the quarter, a year-over-year increase of $0.05Invests $252 million in infrastructure through the third quarter of 2024, or approximately 76% of the 2024 capital budgetSettlement agreement with Public Advocates Office filed with the California Public Utilities Commission in San Jose Water's 2025 to 2027 general rate case (GRC)2024 GAAP guidance of $2.65 to $2.75 diluted EPS; reaffirms 2024 guidance range of $2.68 to $2.78 for adjusted diluted EPS (non-GAAP)Declares $0.40 cash dividend per share of common stock SAN JOSE, Calif., Oct. 28, 2

Delivers $0.64 of GAAP diluted earnings per share (EPS), a year-over-year increase of $0.06; adjusted diluted EPS (non-GAAP) of $0.66, a year-over-year increase of $0.08 Invests $158 million in infrastructure during the first half of 2024, or approximately 48% of 2024 capital budget Agreement in principle reached on California general rate case (GRC) Updates 2024 GAAP guidance to $2.66 to $2.76 diluted EPS. Reaffirms 2024 guidance range of $2.68 to $2.78 for adjusted diluted EPS (non-GAAP) Declares $0.40 cash dividend per share of common stock SJW Group (NYSE:SJW) today reported financial results for the second quarter ended June 30, 2024. "We are pleased with our financia

Delivers $0.36 of diluted earnings per share (EPS), a slight year-over-year decrease of $0.01 Invests $69 million in infrastructure Secures 10.01% Water Cost of Capital Mechanism (WCCM)-adjusted return on equity in California as of January 1, 2024 Reaffirms 2024 guidance range of $2.68 to $2.78 diluted EPS Declares $0.40 cash dividend per share of common stock SJW Group (NYSE:SJW) today reported financial results for the first quarter ended March 31, 2024. "We are pleased with our financial results for the quarter, which demonstrate the strength of our local water operations and the continued successful execution of our proven business strategy," stated SJW Group Chair, CE

$2.68 of diluted earnings per share in 2023 surpassing $2.43 per diluted share in 2022, initial 2023 guidance of $2.40 to $2.50 and inline with the updated guidance of $2.65 to $2.70 $272 million in infrastructure investments, exceeding 2023 guidance 10.01% Water Cost of Capital Mechanism (WCCM)-adjusted return on equity in California as of January 1, 2024 2024 guidance issued of $2.68 to $2.78 diluted earnings per share SJW Group (NYSE:SJW) today reported financial results for 2023. "With a strong fourth quarter, our 2023 financial results and operating performance exceeded expectations and the initial earnings per share guidance we set for SJW Group at this time last year,"

5.3% increase in annual dividend 56 years of annual dividend increases The Board of Directors of SJW Group (NYSE:SJW) has declared a quarterly cash dividend of $0.40 per share payable on March 1, 2024, to all shareholders of record at the close of business on Feb. 5, 2024. The March dividend will represent a 5.3% increase over the dividend paid in December 2023. The 2024 annualized dividend will be $1.60 per share compared with $1.52 per share in 2023. "Today's action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group's mission and employees," said President, Chief Executive Officer and Chair of the Board Eric W. Thornburg. "Our team