SCHEDULE: BlackRock Amends Stake in California Water Service Group, Holding 17.1% of Common Stock
Ownership Disclosure
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a beneficial ownership of 17.1% of California Water Service Group's common stock as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 10,201,874 shares of California Water Service Group common stock.
- This represents 17.1% of the total outstanding common stock.
- BlackRock holds sole voting power over 10,024,275 shares and sole dispositive power over 10,201,874 shares.
- The filing is an Amendment No. 3 to Schedule 13G.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
- iShares Core S&P Small-Cap ETF, a BlackRock entity, holds more than 5% of the common stock.
- BlackRock Fund Advisors also beneficially owns 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a routine ownership disclosure and does not contain information that would significantly alter sentiment about the issuer's performance or prospects. It merely updates beneficial ownership information.
Stakeholder Impact
- Increased transparency regarding institutional ownership for shareholders.
- Confirmation of BlackRock's continued significant stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney revoked. |
| 2025-01-21 | New Power of Attorney executed and effective. |
| 2025-06-30 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-07-17 | Signature date of the Schedule 13G Amendment No. 3. |
Keywords
BlackRock, California Water Service Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Asset Management, Water Utility
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