CWT California Water Service

XNYS 47.74 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

CWT $47.74 —
Key stats
$47.74
52-Week Range
$41.29 – $53.82
YTD
+11.15%
IV Rank (30D)
74.22
Straddle Price
$4.95
P/C Vol Ratio
0.75
Market Cap
$3.0B
Open
$47.79
Day Range
$47.30 – $48.09
Volume
222,947
Prev Close
$48.04
Fair Value
+50.0% vs price

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.96%
Beta vs SPY0.57
Cost of Equity (CAPM)7.83% (VRP-adj)
WACC7.43%
Volatility Risk Premium+47.2pp (IV − HV30)
Effective Tax Rate3.8%
Rev. Growth (YoY, DCF input)+16.5%
DCF Horizon12 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.3B
Return on Equity (TTM)6.3%
Book / Price74.0% — banking bias active (P/B is primary)
Gross Margin (TTM)72.2%
FCF Margin (TTM)30.2%
Debt / Equity0.70
Quality Score4/6 — high quality (12y DCF)
Market-Implied Growth-4.1% (reverse-DCF on current price)
SMA 50$47.78 (Market Anchor value)
SMA 20 / Bollinger Mid$46.16
Bollinger Width / SMA2014.2% (drives anchor stability)
Net Debt$1.4B
Market Cap$3B
Peers used for multiples: AVA, AWK, AWR, CWEN, HTO, NWN, OTTR, WTRG
Blended Fair Value
$97.80
Deviation
+50.0%
MethodImplied PriceWeightDetail
DCF $264.25 22%
DDM (Gordon) $48.48 17%
Peer P/E $50.71 7% median 20.8× · 8 peers
Peer EV/EBITDA $59.04 7% median 12.4× · 8 peers
Peer P/B $63.59 7% median 1.8× · 8 peers
Peer P/S $57.72 7% median 2.9× · 8 peers
Market Anchor (SMA50) $47.78 34% stability 79% (BB-width)
Options Expected (B-L 30d) $47.70 0% 7 strikes · skew +0.85
As of 2026-10-27 · updated
About
Industry (SIC)
WATER SUPPLY (4941) · industry map
Exchange
XNYS
Market Cap
$3.0B
Employees
1,336
List Date
1972-06-01
CIK
0001035201
Next Earnings
2026-10-29 (Pre-Market)
EPS Forecast
$1.22 (2 est.)
Headquarters
San Jose, CA
Homepage
https://www.calwatergroup.com

California Water Service Group is a U.S. water and utilities holding company based in California. The company provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its wholly-owned subsidiaries. The bulk of the company's business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of water for domestic and municipal fire protection services.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan2.23%-13.61%-1.02%-12.76%1.16%4.07%-3.32%
Feb-0.45%-6.61%-8.61%-0.09%0.22%1.28%-2.38%
Mar2.14%5.07%4.11%2.09%4.73%-0.11%3.01%
Apr4.52%-15.96%-3.13%5.57%3.98%-7.19%-2.04%
May-3.66%5.15%2.61%0.12%-5.91%6.47%0.80%
Jun-2.27%3.06%-8.00%-2.14%-2.74%10.92%-0.20%
Jul11.79%5.40%2.20%10.52%-2.19%2.66%5.06%
Aug0.49%-4.61%-3.46%2.69%0.92%1.19%-0.46%
Sep-9.20%-11.12%-5.57%-1.44%-0.33%-6.98%-5.77%
Oct3.57%12.37%5.19%-3.26%-0.38%6.02%*3.92%
Nov2.64%8.54%1.98%2.09%0.89%--3.23%
Dec12.81%-5.82%0.35%-10.31%-4.16%---1.43%
Total25.13%-20.75%-13.63%-8.80%-4.25%18.22%-0.68%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $46.16
SMA 50: $47.78
SMA 200: $46.58
Current: $47.76
EMA 12: $46.73
EMA 26: $46.78
MACD: -0.0485 | Signal: 0.3591
BEARISH
ADX (14): 28.92
TREND
+DI: 19.79
−DI: 10.74

Momentum Oscillators

RSI (14): 57.54
NEUTRAL
Stoch %K: 85.86
Stoch %D: 67.75
Williams %R: -16.08

Volume & Volatility

BB Upper: $47.67
BB Lower: $44.64
OVERBOUGHT
OBV: 2,235,386
Vol SMA 20: 414,143
Vol ROC: -28.69%
ATR: $1.11
True Range: $0.79
HV 20: 21.7%
HV 30: 20.2%
HV 60: 18.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis

Here is a comprehensive stock analysis report based on the provided data:

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers and Primary Risks: The technical indicators suggest a neutral market with no clear trend direction. The recent earnings history has been positive, but options activity shows mixed sentiment.

Investment Thesis: CWT's stock price is stuck in a range-bound environment, with no significant catalysts driving the movement. The company's earnings history has been consistent, and its beta is low, indicating less volatility than the market. However, the recent IV rank is medium, suggesting some caution is warranted.

Recent News Sentiment Impact: The most recent news headline, Geode Capital Management LLC's $64.46 million position in California Water Service Group, suggests a positive sentiment with no clear implications for the stock price.

Generated
News
All CWT news →
Earnings History
14 of 14 under expected move
Avg Expected Move
8.84%
Avg Actual Move
2.36%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2022-10-27 After-Close 7.86% 4.17% 0.53x Within
2023-07-27 After-Close 5.76% 2.30% 0.40x Within
2023-10-26 After-Close 6.49% 0.47% 0.07x Within
2024-02-29 After-Close 9.37% 0.78% 0.08x Within
2024-04-25 After-Close 7.64% 0.25% 0.03x Within
2024-08-01 After-Close 9.14% 2.34% 0.26x Within
2024-10-31 After-Close 9.38% 3.50% 0.37x Within
2025-02-27 Pre-Market 10.61% 2.18% 0.21x Within
2025-05-01 Pre-Market 7.80% 0.85% 0.11x Within
2025-07-31 After-Close 10.56% 2.27% 0.21x Within
2025-10-30 After-Close 8.02% 1.79% 0.22x Within
2026-02-25 After-Close 10.29% 4.40% 0.43x Within
2026-04-30 Pre-Market 10.58% 6.92% 0.65x Within
2026-07-30 After-Close 10.30% 0.77% 0.07x Within

Earnings calendar: this week’s reports with expected vs actual moves →

CWT Options Activity & IV Rank

CWT IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 39.7%
7-DTE IV: —
Expected Move: $4.95
7-DTE Move: $4.95
Days to Exp: 25 (2026-11-20)

Options Flow

Call Volume: 4
Put Volume: 3
P/C Volume: 0.75
NEUTRAL
Call OI: 7
Put OI: 25
P/C OI: 3.571
Total OI: 32

ATM Options Pricing

ATM Call: $2.45
ATM Put: $2.50
Call %: 5.1%
Put %: 5.2%

Chain Summary

Chain Volume: 97
Chain OI: 162
Last Updated: 10/26/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 6th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
6%
vs own history
GEX tilt
-0.61
OI-weighted, today
Vanna tilt
+0.52
δ-sensitivity to IV
Charm tilt
-0.65
δ-decay vs time
Vanna tilt +0.52: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.65: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 3 ATM contracts, 0k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 26 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 26 · ATM 19.9% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)74.2MediumOct 26
Straddle Price (30 DTE)$4.95Oct 26
Beta Analysis

Risk Metrics

Beta: -0.2686
Alpha: 2.86%
Correlation: -0.1375
R-Squared: 1.9%
Stock Volatility: 24.9%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own CWT
4 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$9.6M
0.01%
#1627 of 6285+466.0%13F
Renaissance Technologies Hedge fund
Jim Simons
$7.0M
0.01%
#1262 of 3138+43.6%13F
Millennium Management Hedge fund
Izzy Englander
$5.4M
0.00%
#2017 of 3716+80.1%13F
Rockefeller Capital Management Family office
Rockefeller family
$227K
0.00%
#2537 of 4729+238.0%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

CWT Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 59,872,750 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

363 filers62,823,928 shares$3.01B value104.93% of float
# Filer Shares Value % of Total % of Float Period
1 BlackRock, Inc. Custodian 10,755,498 $523.25M 17.36% 17.96% 2026-06-30
2 Vanguard Group Inc Custodian 7,346,457 $318.32M 10.56% 12.27% 2025-12-31
3 Vanguard Portfolio Management LLC 4,379,671 $213.07M 7.07% 7.32% 2026-06-30
4 T. Rowe Price Investment Management, Inc. 3,517,105 $171.11M 5.68% 5.87% 2026-06-30
5 Amundi Custodian 3,486,859 $169.74M 5.63% 5.82% 2026-06-30
6 State Street Corp 3,266,850 $158.93M 5.27% 5.46% 2026-06-30
7 Vanguard Capital Management LLC 2,690,663 $130.90M 4.34% 4.49% 2026-06-30
8 ATLAS Infrastructure Partners (UK) Ltd. 1,984,605 $96.55M 3.20% 3.31% 2026-06-30
9 Geode Capital Management, LLC Custodian 1,555,391 $75.68M 2.51% 2.60% 2026-06-30
10 First Trust Advisors LP 1,300,055 $63.25M 2.10% 2.17% 2026-06-30
11 FMR LLC Custodian 1,281,406 $62.34M 2.07% 2.14% 2026-06-30
12 Dimensional Fund Advisors LP Custodian 1,174,914 $57.16M 1.90% 1.96% 2026-06-30
13 NUANCE INVESTMENTS, LLC 1,096,077 $53.32M 1.77% 1.83% 2026-06-30
14 Invesco Ltd. Custodian 974,775 $47.42M 1.57% 1.63% 2026-06-30
15 Morgan Stanley Custodian 948,112 $46.13M 1.53% 1.58% 2026-06-30
16 Legal & General Group Plc Custodian 807,510 $39.29M 1.30% 1.35% 2026-06-30
17 ANTIPODES PARTNERS Ltd 753,386 $36.65M 1.22% 1.26% 2026-06-30
18 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 747,216 $36.35M 1.21% 1.25% 2026-06-30
19 Charles Schwab Investment Management, Inc. 725,290 $35.29M 1.17% 1.21% 2026-06-30
20 Northern Trust Corp Custodian 708,763 $34.48M 1.14% 1.18% 2026-06-30
21 AQR Capital Management, LLC Custodian 681,791 $33.17M 1.10% 1.14% 2026-06-30
22 KBC Group NV 577,510 $26.72M 0.89% 0.96% 2026-09-30
23 Bank of New York Mellon Corp Custodian 527,076 $25.64M 0.85% 0.88% 2026-06-30
24 Triodos Investment Management BV 493,000 $23.98M 0.80% 0.82% 2026-06-30
25 Beck Bode, LLC 426,692 $20.76M 0.69% 0.71% 2026-06-30
1 filers$1.22M notional
# Filer Notional Value % of Total Period
1 Wolverine Trading, LLC Custodian $1.22M 100.00% 2025-09-30
# Filer Notional Value % of Total Period

CWT Insider Trading (Form 4)

Latest: 2026-09-08
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-09-08 Kenneth G Jenkins VP Water Res Plan & Sustain Tax (F) −102 $50.03 -$5.1K EDGAR
2026-09-08 Kristan A Hamner VP, Chief Human Resource Offcr Tax (F) −42 $50.03 -$2.1K EDGAR
2026-09-08 Todd Kenneth Peters Vice President, Engineering Tax (F) −81 $50.03 -$4.1K EDGAR
2026-09-08 Thomas A Scanlon VP, Corporate Controller & PAO Tax (F) −60 $50.03 -$3.0K EDGAR
2026-09-08 Shannon C Dean SVP, Cust Svc & Chief Sust Of Tax (F) −147 $50.03 -$7.4K EDGAR
2026-09-08 Michael S Mares JR SVP Operations Tax (F) −136 $50.03 -$6.8K EDGAR
2026-09-08 Martin A Kropelnicki Chairman President & CEO Tax (F) −998 $50.03 -$49.9K EDGAR
2026-09-08 James Patrick Lynch SVP CFO and Treasurer Tax (F) −98 $50.03 -$4.9K EDGAR
2026-09-08 Shawn C Bunting SVP, Chief Legal Officer & BD Tax (F) −140 $50.03 -$7.0K EDGAR
2026-09-08 Elissa Y Ouyang VP Facilities Fleet Procure IT Tax (F) −134 $50.03 -$6.7K EDGAR
2026-09-08 Michael B Luu SVP Corp Svce & Chief Risk Of Tax (F) −138 $50.03 -$6.9K EDGAR
2026-09-08 Michelle R Mortensen VP Corp Sect, Gov & Assurance Tax (F) −148 $50.03 -$7.4K EDGAR
2026-09-08 Sophie Marwieh James VP Water Qual Tax (F) −101 $50.03 -$5.1K EDGAR
2026-09-01 Lester A Snow Director Sell (S) −500 $50.21 -$25.1K EDGAR
2026-08-14 Thomas M Krummel Director Sell (S) −3,700 $50.37 -$186.4K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

CWT Insider Holdings

26 insiders · @ $47.76
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Martin A Kropelnicki Chairman President & CEO 147,779 $7.06M $314.5K 136 2026-09-08
2 Ronald D Webb VP, Human Resources 26,580 $1.27M $22.3K 98 2025-03-11
3 Gregory E Aliff Director 26,395 $1.26M $68.5K 16 2026-03-05
4 Michael B Luu SVP Corp Svce & Chief Risk Of 23,811 $1.14M -$289.3K 115 2026-09-08
5 Shannon C Dean SVP, Cust Svc & Chief Sust Of 23,612 $1.13M $0 92 2026-09-08
6 Thomas M Krummel Director 20,103 $960.2K -$828.5K 37 2026-08-14
7 Carol M Pottenger Director 19,186 $916.4K $0 13 2026-03-05
8 Shelly Marian Esque Director 18,331 $875.5K $0 12 2026-03-05
9 Lester A Snow Director 17,816 $850.9K -$260.9K 29 2026-09-01
10 Patricia K Wagner Director 15,213 $726.6K $0 11 2026-03-05
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

CWT Board & Officers

As of SEC filings through Sep 8, 2026

Directors 10

Officers 15

Changes in the last 10 years (50)
Jul 1, 2026Gregory Dale Shimansky became VP, Rates & Reg Affairs
Jun 8, 2026Thomas A Scanlon listed as VP, Corporate Controller & PAO (previously Corporate Controller & PAO) in SEC filings
Jun 8, 2026Sophie Marwieh James listed as VP Water Qual (previously VP Water Qual & Envir Affairs) in SEC filings
Jun 8, 2026Michelle R Mortensen listed as VP Corp Sect, Gov & Assurance (previously VP Corp Sect & Chief of Staff) in SEC filings
Jun 8, 2026Elissa Y Ouyang listed as VP Facilities Fleet Procure IT (previously VP Facilities Fleet & Procure) in SEC filings
Jan 1, 2026Todd Kenneth Peters became Vice President, Engineering
Sep 9, 2025Thomas A Scanlon listed as Corporate Controller & PAO (previously Controller & Principal Acctng) in SEC filings
Sep 9, 2025Sophie Marwieh James listed as VP Water Qual & Envir Affairs (previously VP, Water Quality/ Env Affairs) in SEC filings
Sep 9, 2025Michelle R Mortensen listed as VP Corp Sect & Chief of Staff (previously VP, Corp Sec &Chief of Staff) in SEC filings
Sep 9, 2025Michael S Mares JR listed as SVP Operations (previously Vice President, Operations) in SEC filings
Sep 9, 2025Michael B Luu listed as SVP Corp Svce & Chief Risk Of (previously Sr. VP Corp Svcs & Chief Risk) in SEC filings
Sep 9, 2025James Patrick Lynch listed as SVP CFO and Treasurer (previously Sr. VP, CFO & Treasurer) in SEC filings
Sep 9, 2025Greg A Milleman listed as VP Rates & Regulatory Affairs (previously VP, Rates and Regulatory Aff) in SEC filings
Sep 9, 2025Elissa Y Ouyang listed as VP Facilities Fleet & Procure (previously Chief Procurement & Lead CI) in SEC filings
Feb 28, 2025Kristan A Hamner became VP, Chief Human Resource Offcr
Jan 1, 2025Kenneth G Jenkins became VP, Water Res. Plan & Sustain
Aug 22, 2024The company announced the departure of Ronald D Webb as VP, Human Resources in an SEC filing
Mar 18, 2024Thomas A Scanlon listed as Controller & Principal Acctng (previously Corporate Controller & Officer) in SEC filings
Mar 18, 2024Sophie Marwieh James listed as VP, Water Quality/ Env Affairs (previously VP Water Quality & Environ Aff) in SEC filings
Mar 18, 2024Shawn C Bunting listed as Sr. VP, GC and Business Dev (previously Sr VP, GC & Business Develop) in SEC filings
Not reported recently (9)
  • David B Healey · Last reported as VP, CEO and Treasurer in an SEC filing dated Mar 5, 2024
  • Thomas F Smegal III · Last reported as VP, CFO & Treasurer in an SEC filing dated Jun 5, 2023
  • Paul G. Townsley · Last reported as VP, Rates & Reg Matters in an SEC filing dated Jun 5, 2023
  • Terry Bayer · Last reported as a director in an SEC filing dated May 25, 2022
  • Gerald A Simon · Last reported as Chief Safety & Preparedness in an SEC filing dated Jun 7, 2021
  • Timothy D Treloar · Last reported as VP, Ops and Water Quality in an SEC filing dated Dec 9, 2019
  • Edwin A Guiles · Last reported as a director in an SEC filing dated Mar 7, 2019
  • George A Vera · Last reported as a director in an SEC filing dated Apr 11, 2018
  • Bonnie Guiton Hill · Last reported as a director in an SEC filing dated Mar 2, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

CWT Proposed Insider Sales (Form 144)

Latest: 2026-08-13
Last 30d: 0 filings  ·  Last 90d: 1 filing · $185K notice value · 1 unique filer

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Krummel Thomas M (1, $185K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-08-13 Krummel Thomas M Director 3,700 $184.9K 2026-08-13 Charles Schwab & Co., Inc. — EDGAR
2026-05-21 Krummel Thomas M Director 3,700 $160.4K 2026-05-21 Charles Schwab Corporation — EDGAR
2026-03-20 MICHAEL MARES Officer 3,892 $171.2K 2026-03-20 Morgan Stanley Smith Barney LLC … — EDGAR
2024-11-22 Luu Michael B Officer, Sr. VP Corp. Svcs. & Chief Risk 985 $50.7K 2024-11-22 Georgeson Securities Corp — EDGAR
2024-08-07 Krummel Thomas M Director 1,665 $84.9K 2024-08-07 THE CHARLES SCHWAB CORPORATION 10b5-1 EDGAR
2024-05-01 Krummel Thomas M Director 4,995 $249.8K 2024-05-01 THE CHARLES SCHWAB CORPORATION 10b5-1 EDGAR
2023-12-12 Mortensen Michelle R Officer, Corporate Secretary 675 $35.5K 2023-12-12 Georgeson Securities Corp — EDGAR
2023-11-03 Krummel Thomas M Director 4,995 $249.8K 2023-11-02 THE CHARLES SCHWAB CORPORATION 10b5-1 EDGAR
2023-06-14 Luu Michael B Officer, VP, Customer Service & IT 1,837 $101.0K 2023-06-14 Georgeson Securities Corp — EDGAR
2023-05-05 Kuta Robert J Officer, VP of Engineering 1,000 $56.5K 2023-05-05 Georgson Securites Corporation — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
114 ETFs hold CWT
25 shown · $802.58M total exposure · 0.16% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJR iShares Core S&P Small-Cap ETF iShares (BlackRock) 0.17% $177.0M $104.0B 2026-10-23
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $88.6M — 2026-09-30
3 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.10% $74.9M $74.6B 2026-10-23
4 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.04% $64.4M — 2026-09-30
5 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.08% $35.9M — 2026-09-30
6 FVD First Trust Value Line® Dividend Index Fund First Trust 0.41% $32.6M $8.0B 2026-10-23
7 VXF Vanguard Extended Market ETF Vanguard 0.03% $32.2M — 2026-09-30
8 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.20% $28.0M $13.9B 2026-10-23
9 SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF SPDR (State Street) 0.17% $27.0M $15.8B 2026-10-23
10 SDY State Street® SPDR® S&P® Dividend ETF SPDR (State Street) 0.11% $24.9M $22.0B 2026-10-23
11 DFAS Dimensional US Small Cap ETF Dimensional 0.07% $22.3M — 2026-10-23
12 FIW First Trust Water ETF First Trust 1.20% $21.5M $1.8B 2026-10-23
13 CGW Invesco S&P Global Water Index ETF Nport 2.02% $21.2M — 2026-07-31
14 VPU Vanguard Utilities ETF Vanguard 0.20% $19.0M — 2026-09-30
15 VTWO Vanguard Russell 2000 ETF Vanguard 0.10% $16.9M — 2026-09-30
16 VIG Vanguard Dividend Appreciation ETF Vanguard 0.01% $16.2M — 2026-09-30
17 IJT iShares S&P Small-Cap 600 Growth ETF iShares (BlackRock) 0.18% $13.2M $7.6B 2026-10-23
18 SCHA Schwab U.S. Small-Cap ETF Nport 0.06% $12.9M — 2026-05-31
19 IJS iShares S&P Small-Cap 600 Value ETF iShares (BlackRock) 0.17% $12.8M $7.7B 2026-10-23
20 VYM Vanguard High Dividend Yield ETF Vanguard 0.01% $11.6M — 2026-09-30
21 PHO Invesco Water Resources ETF Invesco 0.54% $10.7M — 2026-10-24
22 DFMC Dimensional US Micro Cap ETF Dimensional 0.14% $10.6M — 2026-10-23
23 VIOO Vanguard S&P Small-Cap 600 ETF Vanguard 0.17% $10.1M — 2026-09-30
24 SMDV ProShares S&P SmallCap 600 Dividend Aristocrats ETF ProShares 1.38% $9.2M — 2026-10-26
25 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.01% $8.5M — 2026-10-23
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
21.51
TTM Diluted EPS
$2.22
TTM Revenue
$1.07B
TTM Net Income
$133.21M
TTM Op. Cash Flow
$328.18M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$308.60M$56.47M$0.93$63.60M
Q4 '252025-12-31$225.41M$11.48M$0.19$47.91M
Q3 '252025-09-30$316.58M$61.23M$1.03$167.29M
Q2 '252025-06-30$264.95M$42.17M$0.71$48.95M
Q1 '252025-03-31$209.05M$13.33M$0.22$38.42M
Q4 '242024-12-31$228.08M$19.66M$0.32$68.08M
Q3 '242024-09-30$303.70M$60.68M$1.03$101.84M
Q2 '242024-06-30$244.30M$40.55M$0.70$94.42M
Q1 '242024-03-31$275.85M$69.92M$1.21$26.52M
Q4 '232023-12-31$219.38M$30.13M$0.53$74.31M
Q3 '232023-09-30$259.51M$34.44M$0.60$105.99M
Q2 '232023-06-30$198.53M$9.56M$0.17$16.55M
Q2 2026 • period ending 2026-06-30 • filed 2026-07-30
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
21.51
P/B
1.35
P/S
2.67
EV/EBITDA
11.80
EV/Sales
4.01
ROE
6.3%
ROA
2.2%
Div Yield
2.55%
FCF Yield
11.48%
Debt/Equity
0.70
Current Ratio
—
Market Cap
$2.86B
as of 2026-10-26
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
2.48M
SI % of Float
4.05%
Days to Cover
5.65
Short Vol Ratio
57.9%
Free Float
61.41M
Float %
99.3%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-08-07