California Water Service Group recognized as one of the "World’s Most Trustworthy Companies" for the third consecutive year.
Quiver AI Summary
California Water Service Group has been recognized by Newsweek as one of the "World's Most Trustworthy Companies" for the third consecutive year, following its earlier award as one of "America's Most Trustworthy Companies" for 2025. This recognition is based on comprehensive evaluations from customers, investors, and employees, reflecting the utility's commitment to ethical practices and community well-being. In total, 61 companies in the energy and utilities sector were honored globally, with California Water Service being one of only three water utilities selected. The rankings were derived from an independent survey of over 65,000 participants and extensive social media analysis. CEO Martin A. Kropelnicki emphasized the company's dedication to earning trust through responsible investments in infrastructure and sustainability initiatives.
Potential Positives
- California Water Service Group has been recognized by Newsweek as one of the “World’s Most Trustworthy Companies” for the third consecutive year, highlighting its commitment to integrity and customer trust.
- The utility has also received recognition as one of “America’s Most Trustworthy Companies” for 2025, which reflects its reliability and ethical practices in the industry.
- California Water Service Group is one of only three water utilities globally to receive this prestigious recognition, emphasizing its standing among top competitors in the energy and utilities sector.
- The awards are based on extensive feedback from over 65,000 participants, demonstrating the company's strong reputation among customers, investors, and employees on a global scale.
Potential Negatives
- The press release heavily emphasizes awards and recognitions, which may indicate an effort to bolster the company’s image rather than addressing potential underlying issues or challenges faced by the organization.
- While being named one of the "World’s Most Trustworthy Companies" is positive, there is no mention of the criteria for these evaluations beyond customer feedback, leaving room for doubt about the company's actual performance.
- The lack of details on any specific initiatives or improvements in customer service or operational challenges could suggest that the company may be focusing on public relations over substantive progress.
FAQ
What recognition did California Water Service Group recently receive?
California Water Service Group was named one of the “World’s Most Trustworthy Companies” by Newsweek for the third consecutive year.
How many companies were recognized in the energy and utilities category?
A total of 61 companies in the energy and utilities category were recognized globally by Newsweek.
What criteria were used for the award?
The award was based on feedback from over 65,000 participants and analysis of more than 500,000 company mentions.
Which regions does California Water Service Group serve?
California Water Service Group provides services in California, Hawaii, New Mexico, Washington, and Texas.
How does California Water Service Group enhance community well-being?
The company invests in water infrastructure, sustainability initiatives, and adheres to strong core values aimed at community betterment.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CWT Insider Trading Activity
$CWT insiders have traded $CWT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CWT stock by insiders over the last 6 months:
- LESTER A SNOW sold 1,200 shares for an estimated $55,812
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CWT Hedge Fund Activity
We have seen 160 institutional investors add shares of $CWT stock to their portfolio, and 181 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 988,111 shares (+1532.3%) to their portfolio in Q2 2025, for an estimated $44,939,288
- BLACKROCK, INC. removed 613,299 shares (-5.6%) from their portfolio in Q2 2025, for an estimated $27,892,838
- NUANCE INVESTMENTS, LLC removed 288,896 shares (-14.3%) from their portfolio in Q2 2025, for an estimated $13,138,990
- NORTHERN TRUST CORP removed 259,095 shares (-26.6%) from their portfolio in Q2 2025, for an estimated $11,783,640
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 246,631 shares (+8.1%) to their portfolio in Q2 2025, for an estimated $11,216,777
- GOLDMAN SACHS GROUP INC removed 226,635 shares (-49.9%) from their portfolio in Q2 2025, for an estimated $10,307,359
- 1832 ASSET MANAGEMENT L.P. removed 200,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $9,096,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CWT Analyst Ratings
Wall Street analysts have issued reports on $CWT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 05/02/2025
- Seaport Global issued a "Buy" rating on 04/11/2025
To track analyst ratings and price targets for $CWT, check out Quiver Quantitative's $CWT forecast page.
$CWT Price Targets
Multiple analysts have issued price targets for $CWT recently. We have seen 2 analysts offer price targets for $CWT in the last 6 months, with a median target of $54.5.
Here are some recent targets:
- Jonathan Reeder from Wells Fargo set a target price of $55.0 on 08/01/2025
- Angie Storozynski from Seaport Global set a target price of $54.0 on 04/11/2025
Full Release
SAN JOSE, Calif., Sept. 03, 2025 (GLOBE NEWSWIRE) -- In recognition of the utility’s commitment to “always do the right thing,” Newsweek today named California Water Service Group (NYSE: CWT) one of the “World’s Most Trustworthy Companies.”
This is the third year in a row California Water Service Group has earned this designation, which comes six months after receiving the nod as one of “America’s Most Trustworthy Companies” for 2025. Newsweek and Statista Inc., a leading statistics portal and industry ranking provider, gave the company the global recognition—also in its third year—based on feedback and analysis from the utility’s customers, investors, and employees.
Newsweek honored 61 companies in the energy and utilities category across 20 countries, with California Water Service Group being one of only three water utilities recognized. This year’s list, which spans 23 industries, recognizes 1,000 of the largest stock exchange-listed companies with annual revenues of more than $500 million USD. Rankings were determined through both an independent survey of more than 65,000 participants submitting 200,000 evaluations and a social listening analysis of more than 500,000 company mentions.
“As a purpose-driven company committed to enhancing the quality of life for our customers, communities, employees, and stockholders, we strive to earn their trust each and every day,” said Martin A. Kropelnicki, California Water Service Group Chairman & CEO. “We appreciate the feedback that our customers, investors, and employees have given and the recognition among the world’s top companies from Newsweek for the third consecutive year.”
The full listing and more information about the award are available online at www.newsweek.com/rankings/worlds-most-trustworthy-companies-2025 .
About California Water Service Group
California Water Service Group (NYSE: CWT) is the largest regulated water utility operating exclusively in the western United States. It provides high-quality, reliable water and/or wastewater services to more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas through its regulated subsidiaries, California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, and its utility holding company, Texas Water Service.
California Water Service Group’s purpose is to enhance the quality of life for customers, communities, employees, and stockholders. To do so, it invests responsibly in water and wastewater infrastructure, sustainability initiatives, and community well-being. The company’s nearly 1,300 employees live by a set of strong core values and share a commitment to protecting the planet, caring for people, and operating with the utmost integrity. The company has been named one of “America’s Most Responsible Companies” and one of the “World’s Most Trustworthy Companies” by Newsweek , a USA Top Workplace, and a Great Place to Work®. More information is available at www.calwatergroup.com .
Media Contact
Yvonne Kingman
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310-257-1434
