Water looks different in different machines

I am using UE 5 EA and ran into a strange issue.

I copied project files to a second computer and the 4.26 water plugin water looks very different. The version I am running on both is the August 22 UE5 EA. This is very strange indeed.

The machines have different graphics cards, one is RTX 2080 Super and one is RTX 3090

Would anyone have an idea on what could be the cause for this?