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National Grid Transco ( (NGG) ) has provided an update.
On June 4, 2025, National Grid plc announced that BlackRock, Inc. has increased its interest in National Grid’s voting ordinary shares. The notification indicates that BlackRock now holds a total of 7.99% of the voting rights, marking a significant change from its previous position. This development could impact National Grid’s shareholder dynamics and influence its strategic decisions, given BlackRock’s substantial stake.
The most recent analyst rating on (NGG) stock is a Buy with a $80.40 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.
Spark’s Take on NGG Stock
According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.
National Grid Transco’s overall stock score reflects solid financial performance despite challenges in revenue and profitability. The technical indicators show bullish momentum, and the valuation offers a reasonable P/E with an attractive dividend yield. The positive sentiment from the recent earnings call, highlighting significant investments and strategic initiatives, further bolsters the stock’s outlook.
To see Spark’s full report on NGG stock, click here.
More about National Grid Transco
National Grid plc is a major player in the energy sector, primarily involved in the transmission and distribution of electricity and gas. It operates in the United Kingdom and the United States, focusing on maintaining and developing energy infrastructure to ensure reliable and efficient energy supply.
Average Trading Volume: 965,581
Technical Sentiment Signal: Buy
Current Market Cap: $69.23B
Find detailed analytics on NGG stock on TipRanks’ Stock Analysis page.