Seaport Global upgraded California Water Service from Sell to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/11/2025 | $54.00 | Neutral → Buy | Seaport Research Partners |
| 1/7/2025 | $56.00 → $52.00 | Equal Weight → Overweight | Wells Fargo |
| 12/11/2024 | $57.00 | Buy | BofA Securities |
| 7/31/2024 | $50.00 → $57.00 | Underweight → Equal Weight | Wells Fargo |
| 4/4/2024 | Sell → Neutral | UBS | |
| 10/25/2023 | $56.00 → $47.00 | Equal Weight → Underweight | Wells Fargo |
| 7/28/2023 | $66.00 | Neutral → Buy | Janney |
| 6/28/2023 | $58.00 → $56.00 | Underweight → Equal Weight | Wells Fargo |
8-K - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
8-K - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
424B5 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
GIG HARBOR, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE:CWT), has received approval from the Washington Utilities and Transportation Commission (UTC) to increase annual revenue by approximately $178,000 in its Stroh's water system and adjust water rates accordingly. This increase in annual revenue will be phased in over two years to reduce the impact to customers, with rates reflecting half of the change effective now and the remainder expected to become effective in the second quarter of 2026. This change is driven by upgrades made to the water system infrastructure since Washington Water acq
SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE:CWT), has signed agreements with Casa Loma Water Company (Casa Loma) and Palm Mutual Water Company (Palm Mutual) to acquire both systems' water utility assets. Casa Loma serves about 900 people through 237 residential and 11 commercial customer connections. The system is located three miles from Cal Water's Bakersfield Operations Center and is surrounded by Cal Water's existing service area. Because Cal Water has an existing intertie with Casa Loma, Cal Water will begin delivering water to these new customers after the acquisition is com
SAN JOSE, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) has given more than 400 students from Chico to Los Angeles a hall pass to take their education beyond the classroom this spring. As part of Cal Water's Aqua Adventures, which provides environmentally focused field trips for 4th- to 6th-grade classrooms, the utility provided students from 12 classes an up-close look at water and the role it plays in the ecosystem to inspire the next generation to be good stewards of this finite, natural resource. "These trips help students see that water is such a critical yet finite resource, and that no matter how old we are, we can make choices to care for it," sai
SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) today announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company as Senior Vice President, Chief Financial Officer and Treasurer, effective January 3, 2024. He succeeds interim Vice President, Chief Financial Officer, and Treasurer David B. Healey. Mr. Healey will serve as Principal Financial Officer on an interim basis, ensuring a smooth transition and supporting the company in its fiscal year 2023 financial reporting. Mr. Lynch is an accomplished senior executive and seasoned finance leader with more than 22 years of experience in the wa
Seaport Research Partners upgraded California Water from Neutral to Buy and set a new price target of $54.00
Wells Fargo upgraded California Water from Equal Weight to Overweight and set a new price target of $52.00 from $56.00 previously
BofA Securities initiated coverage of California Water with a rating of Buy and set a new price target of $57.00
SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE:CWT), has signed agreements with Casa Loma Water Company (Casa Loma) and Palm Mutual Water Company (Palm Mutual) to acquire both systems' water utility assets. Casa Loma serves about 900 people through 237 residential and 11 commercial customer connections. The system is located three miles from Cal Water's Bakersfield Operations Center and is surrounded by Cal Water's existing service area. Because Cal Water has an existing intertie with Casa Loma, Cal Water will begin delivering water to these new customers after the acquisition is com
SAN JOSE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (("Group" or "Company, NYSE:CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the first quarter 2025. Financial highlights included: The inclusion of both GAAP and non-GAAP financial measures for 2024 to assist investors in comparing 2024 and 2025 performance. Net income attributable to Group of $13.3 million, or $0.22 per diluted share, a decrease of $56.6 million and $0.99 per share, respectively, compared to the same period in the prior year. However, Q1 2025 net income and diluted earnings per share increase
SAN JOSE, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on April 30, 2025, the California Water Service Group (NYSE:CWT) (Company) Board of Directors (Board) declared the company's 321st consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on May 23, 2025, to stockholders of record as of the close of business on May 12, 2025. About California Water Service GroupCalifornia Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these compan
SC 13G/A - CALIFORNIA WATER SERVICE GROUP (0001035201) (Subject)
SC 13G - CALIFORNIA WATER SERVICE GROUP (0001035201) (Subject)
SC 13G/A - CALIFORNIA WATER SERVICE GROUP (0001035201) (Subject)