Altfest L J & Co. Inc. Increases Position in Citizens Financial Group, Inc.

The institutional investor added over 20,000 shares to its CFG holdings in Q4 2025.

Apr. 12, 2026 at 7:15am

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An extreme close-up of the gears, levers, and metal components of a large banking machine, conveying the tangible, industrial nature of financial institutions and their infrastructure.Altfest L J & Co. Inc.'s increased investment in Citizens Financial Group signals confidence in the bank's long-term prospects.Providence Today

Altfest L J & Co. Inc. raised its position in shares of Citizens Financial Group, Inc. (NYSE:CFG) by 132.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor now owns 35,104 shares of the bank's stock, up from 15,095 shares previously.

Why it matters

This increase in Altfest L J & Co. Inc.'s position in Citizens Financial Group suggests the institutional investor sees long-term value in the bank's stock. Institutional investors like Altfest often conduct extensive research before making significant changes to their holdings, so this move could signal confidence in Citizens Financial Group's future performance.

The details

Altfest L J & Co. Inc. added 20,009 shares of Citizens Financial Group to its portfolio in the fourth quarter, bringing its total position to 35,104 shares. The institutional investor cited the bank's strong financial performance and growth potential as reasons for the increased investment.

  • Altfest L J & Co. Inc. disclosed the position increase in a filing with the Securities and Exchange Commission on April 12, 2026.
  • The position increase occurred in the fourth quarter of 2025.

The players

Altfest L J & Co. Inc.

An institutional investor that manages a portfolio of stocks and other financial assets.

Citizens Financial Group, Inc.

A bank holding company that provides a range of banking and financial services to individuals, small and middle-market businesses, corporations, and institutional clients.

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The takeaway

This increase in Altfest L J & Co. Inc.'s position in Citizens Financial Group suggests the institutional investor sees long-term value in the bank's stock and is confident in its future performance.