Citigroup Boosts Stake in Avista Corporation

Utility company sees increased institutional investment despite market challenges

Published on Mar. 5, 2026

Got story updates? Submit your updates here. ›

Citigroup Inc. has increased its holdings in Avista Corporation (NYSE:AVA), a Pacific Northwest utility provider, by 30.7% during the third quarter. Citigroup now owns approximately 110,693 shares, or 0.14%, of Avista's outstanding stock, valued at $4.185 million.

Why it matters

Avista has faced some market headwinds, with its stock price fluctuating between $35.50 and $43.50 over the past year. However, the increased investment from a major institutional player like Citigroup suggests confidence in the company's long-term prospects, even as it navigates industry challenges.

The details

According to a recent SEC filing, Citigroup grew its stake in Avista by purchasing an additional 25,972 shares during the third quarter. This builds on Citigroup's existing position, bringing its total ownership to over 110,000 shares. Avista provides electric and natural gas services to customers across Washington, Oregon, and Idaho through its regulated utility operations.

  • Citigroup increased its Avista holdings during the third quarter of 2025.
  • Avista's stock price has fluctuated between $35.50 and $43.50 over the past 12 months.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

Avista Corporation

A Pacific Northwest utility company that provides electric and natural gas services to customers in Washington, Oregon, and Idaho.

Got photos? Submit your photos here. ›

The takeaway

Citigroup's increased stake in Avista suggests institutional confidence in the utility company's long-term prospects, even as it navigates industry challenges. This investment could signal potential growth opportunities for Avista as it continues to serve its regional customer base.