Citigroup Increases Stake in Essential Utilities

Institutional investor boosts ownership in water and natural gas utility company

Published on Mar. 5, 2026

Got story updates? Submit your updates here. ›

Citigroup Inc. has increased its stake in Essential Utilities Inc. (NYSE:WTRG) by 39.8% during the third quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. Citigroup now owns 99,453 shares of the company's stock, valued at $3,968,000.

Why it matters

Essential Utilities is a major water and natural gas utility provider, serving residential, commercial and industrial customers. Citigroup's increased investment signals confidence in the company's long-term growth prospects and ability to generate stable returns for shareholders.

The details

Citigroup's purchase of an additional 28,329 shares of Essential Utilities brings its total ownership to 99,453 shares. This represents a 39.8% increase in Citigroup's stake in the company during the third quarter. Essential Utilities operates water and wastewater utilities as well as natural gas distribution services, primarily in Pennsylvania.

  • Citigroup increased its stake in Essential Utilities during the 3rd quarter of 2025.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

Essential Utilities Inc.

A publicly traded water and natural gas utility holding company that provides essential water and natural gas services to customers.

Got photos? Submit your photos here. ›

The takeaway

Citigroup's increased investment in Essential Utilities reflects the financial institution's confidence in the utility company's ability to deliver stable returns and growth over the long term, underscoring the essential nature of the services Essential Utilities provides to its customer base.