California Water Service Group (CWT) reported second-quarter 2026 net income of $56.5 million, or $0.93 per diluted share, compared with $42.2 million, or $0.71 per diluted share, a year earlier. Revenue rose to $308.6 million from $265.0 million.
The company said results reflected the final decision in its 2024 California General Rate Case, recognized retroactively to Jan. 1, 2026. California Water Service also reported record second-quarter infrastructure investment and continued progress on its planned acquisition of Nexus Water Group systems in Nevada and Oregon.
- Q2 2026 revenue was $308.6 million, compared with $265.0 million in Q2 2025.
- Q2 2026 net income was $56.5 million, compared with $42.2 million a year earlier.
- YTD 2026 revenue was $523.2 million, compared with $468.9 million in YTD 2025.
- The company invested $147 million in infrastructure during Q2 2026 and $276.4 million in the first half of 2026.
- The board declared a quarterly dividend of $0.3350 per common share, payable Aug. 21, 2026, to stockholders of record as of Aug. 10, 2026.
$CWT Insider Trading Activity
$CWT insiders have traded $CWT stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $CWT stock by insiders over the last 6 months:
- MICHAEL S JR MARES (Vice President, Operations) sold 3,892 shares for an estimated $171,248
- THOMAS M KRUMMEL sold 3,700 shares for an estimated $160,214
- LESTER A SNOW sold 1,100 shares for an estimated $48,400
- MICHAEL B LUU (Sr. VP Corp Svcs & Chief Risk) sold 739 shares for an estimated $32,945
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CWT Hedge Fund Activity
We have seen 166 institutional investors add shares of $CWT stock to their portfolio, and 117 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMUNDI added 732,004 shares (+26.7%) to their portfolio in Q1 2026, for an estimated $33,189,061
- FMR LLC removed 406,134 shares (-22.6%) from their portfolio in Q1 2026, for an estimated $18,414,115
- BLACKROCK, INC. removed 372,796 shares (-3.5%) from their portfolio in Q1 2026, for an estimated $16,902,570
- MORGAN STANLEY added 351,671 shares (+45.8%) to their portfolio in Q1 2026, for an estimated $15,944,763
- MARSHALL WACE, LLP added 256,767 shares (+inf%) to their portfolio in Q1 2026, for an estimated $11,641,815
- EXODUSPOINT CAPITAL MANAGEMENT, LP removed 238,840 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,829,005
- NUANCE INVESTMENTS, LLC removed 221,642 shares (-12.1%) from their portfolio in Q1 2026, for an estimated $10,049,248
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
