Core Insights - California Water Service Group reported strong financial results for Q3 2025, reflecting a focus on expense control, infrastructure investment, and customer service [1][3]. Financial Highlights - Q3 2025 net income was $61.2 million with diluted EPS of $1.03, consistent with Q3 2024 [7]. - Revenue for Q3 2025 increased by $11.6 million or 3.9% to $311.2 million compared to $299.6 million in Q3 2024 [8]. - Operating expenses in Q3 2025 rose by $7.8 million or 3.4% to $240.6 million compared to $232.8 million in Q3 2024 [8]. - Year-to-date (YTD) 2025 net income was $116.7 million or $1.96 per diluted share, a decrease of 31.8% compared to YTD 2024 [8]. - YTD 2025 revenue decreased by $34.4 million or 4.2% to $780.2 million compared to $814.6 million in 2024 [8]. Capital Investment and Financing - The company invested $135.2 million in water system infrastructure during Q3 2025, a 14.8% increase from Q3 2024 [7]. - As of September 30, 2025, cash and cash equivalents totaled $76.0 million, with an additional short-term borrowing capacity of $255.0 million [10]. - The company announced the sale of $170.0 million in Senior Unsecured Notes and $200.0 million in First Mortgage Bonds [11][12]. Regulatory Updates - Inflation-based interim rate increases for California Water Service are authorized effective January 1, 2026, until a final decision is issued in the 2024 General Rate Case [7][14]. - Hawaii Water Service received approval to increase annual revenues by $4.7 million in its Waikoloa systems [16]. Community Engagement and Recognition - The company opened its seventh annual Firefighter Grant Program to support local fire departments [19]. - Recognized among the "World's Most Trustworthy Companies" for the third consecutive year and certified as a Great Place To Work for ten consecutive years [20]. Dividend Information - The company declared its 323rd consecutive quarterly dividend of $0.30 per share, with a five-year compound annual dividend growth rate of 7.7% [7][21].

Core Insights - Zurn Elkay Water Solutions Corporation has been recognized by TIME as one of America's Growth Leaders for 2026, highlighting its exceptional growth, financial stability, and stock performance [1] Company Overview - Founded in 1900, Zurn Elkay has built a legacy based on an innovative product portfolio that addresses water-related challenges effectively and efficiently [1]

Group 1: Water Stocks Overview - Water stocks are shares of companies involved in the supply, treatment, transport, storage, or management of water, including utilities, infrastructure firms, and technology providers [2] - Investors view water stocks as a way to gain exposure to a regulated sector with long-term demand driven by population growth, urbanization, and water scarcity [2] - The companies mentioned had the highest dollar trading volume among water stocks recently [2] Group 2: NuScale Power - NuScale Power Corporation develops and sells modular light water reactor nuclear power plants for various applications, including electrical generation and desalination [3] - The company offers the NuScale Power Module (NPM), which generates 77 megawatts of electricity (MWe), and designs for power plants that can house multiple NPMs [3] Group 3: Coca-Cola - The Coca-Cola Company manufactures and sells a variety of nonalcoholic beverages globally, including soft drinks, water, sports drinks, coffee, tea, and juices [4] Group 4: Ecolab - Ecolab Inc. provides water, hygiene, and infection prevention solutions, operating through three segments: Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences [5] - The Global Industrial segment focuses on water treatment and cleaning solutions for various industries, including food and beverage processing and power generation [5] Group 5: Xylem - Xylem Inc. designs, manufactures, and services engineered products and solutions, operating through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services [6] - The Water Infrastructure segment offers products such as pumps, filtration, disinfection equipment, and mobile dewatering services [6] Group 6: American Water Works - American Water Works Company, Inc. provides water and wastewater services to approximately 1,700 communities across 14 states, serving around 3.5 million active customers [8] - The company serves various customer segments, including residential, commercial, industrial, and public authorities [8]

Core Insights - California Water Service Group (CWT) is preparing to release its quarterly earnings on October 30, 2025, with an anticipated earnings per share (EPS) of $1.20 and projected revenue of $321.3 million [1][6] Investment Activity - Ethic Inc. has increased its investment in CWT by 91.2% during the second quarter, now holding 10,592 shares valued at $482,000, indicating strong confidence in CWT's future performance [2][6] - Wealth Enhancement Advisory Services LLC and Allspring Global Investments Holdings LLC have also increased their stakes in CWT by 2.6% and 113% respectively, reflecting growing investor interest [3] Company Initiatives - CWT's recent consolidation of its water system in West Goshen, supported by a $3.45 million grant from the California Department of Water Resources, demonstrates its commitment to providing safe and reliable water services [4][6] Financial Metrics - CWT maintains a price-to-earnings (P/E) ratio of 20.8, a price-to-sales ratio of 2.85, and an enterprise value to sales ratio of 2.88, indicating investor confidence in its earnings potential [5] - The company has a current ratio of 0.53, which suggests potential challenges in covering short-term liabilities [5]

Core Insights - American Water Works Company, Inc. reported earnings of $1.94 per share for Q3 2025, an increase from $1.80 per share in Q3 2024 [1] - Year-to-date earnings for the period ending September 30, 2025, were $4.47 per share, up from $4.17 per share for the same period in 2024 [1] - The company has demonstrated strong performance in 2025, as noted by the President and CEO, John Griffith [1] Financial Performance - Q3 2025 earnings per share: $1.94, compared to $1.80 in Q3 2024, reflecting a growth of approximately 7.8% [1] - Year-to-date earnings per share for 2025: $4.47, compared to $4.17 in 2024, indicating an increase of about 7.2% [1]

Core Points - California Water Service Group declared its 323rd consecutive quarterly dividend of $0.30 per common share, payable on November 21, 2025, to stockholders of record as of November 10, 2025 [1] Company Overview - California Water Service Group is the parent company of several regulated utilities, including California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, providing water and wastewater services to over 2.1 million people across these states [2]

Core Insights - The American Water Charitable Foundation awarded a $35,000 Workforce Readiness grant to the North Scott Community School District to support the Regional Innovation Center, which aids high school students in communities served by Iowa American Water [1][2][3] Grant Details - The grant is part of the Keep Communities Flowing Grant Program, which focuses on career readiness, financial literacy, positive youth development, and life skills training [2][8] - The funding will enhance STEM programs, particularly the robotics team at North Scott High School, providing necessary resources for hands-on learning [2][3] Organizational Impact - Since 2012, the American Water Charitable Foundation has invested over $20 million in grants and matching gifts to support eligible organizations in communities served by American Water [3][8] - Iowa American Water emphasizes the importance of investing in youth and workforce training to create meaningful change and stronger communities [3][4] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S., serving over 14 million people across 14 states and 18 military installations [5][7] - Iowa American Water, a subsidiary of American Water, is the largest regulated water utility in Iowa, providing services to approximately 227,000 people [7]

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Company Overview - Automatic Data Processing (ADP) provides payroll and HR services to over 1.1 million clients globally, including corporations, government entities, and small businesses [4] - The company has demonstrated strong client retention with a rate of 92.1%, close to its all-time high of 92.2% [1] Financial Performance - In the last quarter, ADP reported a 9.8% increase in earnings and a 7.5% rise in revenues [1] - Over the past decade, ADP has returned $30 billion to shareholders through dividends and share repurchases, while nearly tripling its dividend [2] - Revenue has nearly doubled from $10.9 billion to $20.6 billion over the last 10 fiscal years [3] Investment Appeal - ADP is recognized as a "Dividend King" with 50 consecutive years of dividend increases, indicating a strong commitment to returning value to shareholders [2] - The company’s business model is characterized as stable and essential, making it less susceptible to market volatility [10] - The current price-to-earnings ratio of ADP is competitive compared to the S&P 500 average, suggesting it may be an attractive investment opportunity [13]

Core Insights - Carillon Eagle Small Cap Growth Fund's third-quarter 2025 investor letter indicates a sustained upward rally in equity markets, driven by AI acceleration, reduced inflationary impacts from tariffs, and prospects for interest rate cuts from the U.S. Federal Reserve [1] - The Russell 2000® Growth Index increased by 12.19% in the quarter, slightly underperforming the Russell 2000 Value Index, which rose by 12.60% [1] Company Highlights - Zurn Elkay Water Solutions Corporation (NYSE:ZWS) is identified as a key stock in the fund's portfolio, with a one-month return of -1.65% and a 52-week gain of 28.22% [2] - As of October 28, 2025, Zurn Elkay's stock closed at $46.03 per share, with a market capitalization of $7.712 billion [2] - The company has outperformed broader non-residential construction trends and has effectively navigated tariff challenges, as noted in its recent earnings report, which exceeded investor expectations [3] - Recent product launches and favorable legislative trends are expected to positively impact Zurn Elkay's core institutional end markets, providing growth momentum [3] Market Position - Zurn Elkay Water Solutions Corporation is not among the 30 most popular stocks among hedge funds, with 24 hedge fund portfolios holding the stock at the end of the second quarter, down from 26 in the previous quarter [4] - While Zurn Elkay is recognized for its potential, certain AI stocks are considered to offer greater upside potential and less downside risk [4]