Wells Fargo upgraded California Water from Underweight to Equal Weight and set a new price target of $56.00 from $58.00 previously
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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)
10-Q - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
8-K - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
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
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
WAIKOLOA, Hawaii, Nov. 20, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) subsidiary Hawaii Water Service (Hawaii Water) has filed a request with the Hawaii Public Utilities Commission (PUC) to increase water and sewer rates in its Kapalua water and wastewater systems for the first time since acquiring the systems in 2021. The request seeks to increase revenues by $2.2 million to recover increases in purchased water costs, higher operating expenses, and the cost of completed capital investments. Hawaii Water's $3.4 million in infrastructure investments have funded upgrades and maintenance of the local water and wastewater systems, which are designed to enhance quality,
SAN JOSE, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- (NYSE:CWT)—The California Public Utilities Commission (CPUC) has granted the request of California Water Service (Cal Water) and three other utilities to postpone their Cost of Capital applications from May 1, 2026, to May 1, 2027. The decision effectively maintains a 10.27% return on equity (ROE) and 4.23% cost of debt for Cal Water, with a capital structure of 53.40% common equity and 46.60% long-term debt, and an authorized rate of return of 7.46%. The CPUC also reauthorized the Water Cost of Capital Mechanism (WCCM), which automatically adjusts the rate of return when the Moody's Utilities Bond Index fluctuates between Cost of Capita
SAN JOSE, Calif., Oct. 30, 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 strong financial results for the third quarter 2025. Financial highlights included: Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.$135.2 million invested in water system infrastructure during Q3 2025, a 14.8% increase over water system infrastructure investments in Q3 2024.Authorization of inflation-based interim rate increases for California Water Service (Cal Water) effective J
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)
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
SAN JOSE, Calif., Oct. 30, 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 strong financial results for the third quarter 2025. Financial highlights included: Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.$135.2 million invested in water system infrastructure during Q3 2025, a 14.8% increase over water system infrastructure investments in Q3 2024.Authorization of inflation-based interim rate increases for California Water Service (Cal Water) effective J
SAN JOSE, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on October 29, 2025, the California Water Service Group (NYSE:CWT) (Company) Board of Directors declared the Company's 323rd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on November 21, 2025, to stockholders of record as of the close of business on November 10, 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
SAN JOSE, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) today announced that its 2025 third-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, October 30, 2025. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 2071195, or you may access the live audio webcast at https://edge.media-server.com/mmc/p/cvkp7i34 Please join at least 15 minutes in advance to ensure a timely connection to the call. A replay of the call will be available from 2:00 p.m. ET on Thursday, Octo