California Water Service Group (NYSE: CWT) reported third-quarter 2026 operating revenue of $332.2 million, up 6.7% from $311.2 million a year earlier. Net income attributable to the company was $65.4 million, while both basic and diluted earnings per share were $1.05.
For the first nine months of 2026, the company reported revenue of $855.3 million and net income attributable to California Water Service Group of $125.9 million.
- Q3 operating expenses rose 3.7% to $249.5 million.
- Infrastructure investment totaled $148.3 million during the quarter and $424.8 million for the first nine months.
- The board declared a quarterly dividend of $0.335 per common share.
- Washington Water received authorization for rate increases expected to add $4.1 million in annual revenue.
- The company expects to close its Nevada and Oregon system acquisitions in the fourth quarter of 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:
- THOMAS M KRUMMEL has made 0 purchases and 2 sales selling 7,400 shares for an estimated $346,564.
- LESTER A SNOW has made 0 purchases and 2 sales selling 1,600 shares for an estimated $73,505.
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 177 institutional investors add shares of $CWT stock to their portfolio, and 139 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,795,644 shares (+387.5%) to their portfolio in Q2 2026, for an estimated $136,008,080
- ATLAS INFRASTRUCTURE PARTNERS (UK) LTD. added 1,984,605 shares (+inf%) to their portfolio in Q2 2026, for an estimated $96,551,033
- ANTIPODES PARTNERS LTD added 753,386 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,652,228
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added 747,216 shares (+inf%) to their portfolio in Q2 2026, for an estimated $36,352,058
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 725,290 shares (+inf%) to their portfolio in Q2 2026, for an estimated $35,285,358
- CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC removed 647,515 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $31,501,604
- AQR CAPITAL MANAGEMENT LLC added 512,060 shares (+301.7%) to their portfolio in Q2 2026, for an estimated $24,911,719
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.
