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National Grid Announces Major Shareholding Notification

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National Grid Announces Major Shareholding Notification

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The latest update is out from National Grid Transco ( (NGG) ).

On May 27, 2025, National Grid plc announced a major notification regarding its ordinary shares. Bank of America Corporation has disclosed its total interest in National Grid’s voting ordinary shares, which crossed a threshold on May 22, 2025. This notification reflects a slight change in the percentage of voting rights, indicating an adjustment in the holdings of a significant stakeholder, which could influence the company’s governance and decision-making processes.

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 operates in the energy sector, focusing on electricity and gas transmission and distribution. The company is based in the United Kingdom and plays a significant role in the energy infrastructure, ensuring the delivery of energy across the region.

Average Trading Volume: 943,050

Technical Sentiment Signal: Buy

Current Market Cap: $71.79B

For detailed information about NGG stock, go to TipRanks’ Stock Analysis page.

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