SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—California Water Service (Cal Water) has been authorized to implement interim rate adjustments for nearly all of its service areas, effective Jan. 1, 2026, as the California Public Utilities Commission (CPUC) continues its review of the utility's 2024 General Rate Case (GRC) and Infrastructure Improvement Plan.
Dividend Kings underperformed SPY in 2025, up 4.47% vs. SPY's 17.7%, but select Kings outperformed the index. Twenty-two Dividend Kings are identified as both potentially undervalued and offering long-term expected annualized returns of at least 10%. Dividend growth for the Kings remains subdued at 5.81% for 2025, trailing the 2024 rate of 6.32%.
SAN JOSE, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- To help fire departments in the utility's local service areas better serve their communities, California Water Service (Cal Water) has named the nine recipients of its seventh annual Firefighter Grant Program. These nine fire departments will share more than $186,000 to augment their rescue and emergency services.
Dividend Kings remain largely overvalued, but six—including MO, UVV, HRL, KVUE, CDUAF, and UBSI—are now fairly priced with yields (from $1k invested) exceeding share prices. Analyst forecasts project net gains of 19.89% to 93.08% for select high-yield Dividend Kings by December 2026, with an average net gain of 34.89%. Only three Dividend Kings—MO, KVUE, UBSI—currently meet both the 'safer' dividend and fair price criteria, supported by positive free cash flow yields.
SAN JOSE, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- In another step toward providing safe, reliable water to Palm Mutual Water company (Palm Mutual) customers long-term, California Water Service (Cal Water) has received California Public Utilities Commission (CPUC) approval of its pending acquisition of Palm Mutual. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT).
Capital Fund Management S.A. acquired a new position in shares of California Water Service Group (NYSE: CWT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 25,360 shares of the utilities provider's stock, valued at approximately $1,153,000. Several other hedge funds and
SAN JOSE, Calif., Dec. 04, 2025 (GLOBE NEWSWIRE) -- For the fifth consecutive year, Newsweek has named California Water Service Group (Group) (NYSE: CWT) one of “America's Most Responsible Companies.” Newsweek and Statista Inc., a leading statistics portal and industry ranking provider, honored Group with the 2026 designation for the utility's ongoing commitment to sustainability and corporate citizenship.
SACRAMENTO, Calif., Nov. 24, 2025 (GLOBE NEWSWIRE) -- The Association of California Water Agencies (ACWA) 2025 Fall Conference & Expo Dec. 3-4 will draw public water agency leaders from across California to San Diego for two days of presentations, panel discussions and keynote addresses focused on the latest issues surrounding the state's water supply and management.
Shares of California Water Service Group (NYSE: CWT - Get Free Report) have been assigned a consensus rating of "Buy" from the four analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation
California Water Service Group remains a 'Hold' at $44/share, with a revised price target due to valuation and risk concerns. CWT faces significant CapEx needs, regulatory challenges, and migration risks that may limit earnings growth despite strong rate base expansion. While CWT is fundamentally safe, well-run, and a dividend king, its current valuation does not provide a sufficient margin of safety for new investment.
