California Water Service
About: California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.
Employees: 1,266
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 34
9% more capital invested
Capital invested by funds: $2.38B [Q2] → $2.59B (+$215M) [Q3]
7% more funds holding
Funds holding: 297 [Q2] → 317 (+20) [Q3]
0% more call options, than puts
Call options by funds: $228K | Put options by funds: $227K
8% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 106
3.58% less ownership
Funds ownership: 84.92% [Q2] → 81.34% (-3.58%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for CWT.
Financial journalist opinion
Based on 8 articles about CWT published over the past 30 days
