National Grid Announces Major Shareholding Change by Bank of America

National Grid Transco ( (NGG) ) has issued an update.

On May 22, 2025, National Grid plc announced that Bank of America Corporation has increased its total interest in National Grid’s voting ordinary shares. This notification, received on May 21, 2025, indicates a significant change in shareholding, with Bank of America now holding 5.58% of the voting rights. This development could impact National Grid’s shareholder dynamics and influence future corporate decisions.

The most recent analyst rating on (NGG) stock is a Hold with a $73.00 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 focusing on electricity and gas transmission and distribution. The company operates in the United Kingdom and the United States, providing essential infrastructure services to ensure the delivery of energy to homes and businesses.

Average Trading Volume: 890,881

Technical Sentiment Signal: Buy

Current Market Cap: $71.56B

For an in-depth examination of NGG stock, go to TipRanks’ Stock Analysis page.