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National Grid Transco ( (NGG) ) has shared an announcement.
On May 29, 2025, National Grid plc announced a significant update regarding its ordinary shares. BlackRock, Inc. notified National Grid of an acquisition or disposal of voting rights, resulting in BlackRock holding an 8% total interest in National Grid’s voting ordinary shares. This change, effective as of May 27, 2025, reflects a shift from a previous position of 7.62%. The adjustment in BlackRock’s holdings could potentially impact National Grid’s shareholder dynamics and influence future corporate decisions.
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 prominent utility company based in the United Kingdom, primarily engaged in the transmission and distribution of electricity and gas. The company plays a crucial role in the energy infrastructure of the UK, focusing on maintaining and developing networks that ensure reliable energy supply.
Average Trading Volume: 945,459
Technical Sentiment Signal: Buy
Current Market Cap: $71.53B
For a thorough assessment of NGG stock, go to TipRanks’ Stock Analysis page.