NGG icon

National Grid

56.27 USD
-0.16
0.28%
At close Jan 14, 4:00 PM EST
After hours
59.90
+3.63
6.45%
1 day
-0.28%
5 days
-2.02%
1 month
-4.29%
3 months
-14.50%
6 months
-5.95%
Year to date
-5.49%
1 year
-15.96%
5 years
-0.41%
10 years
-19.37%
 

About: National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the UK, and the Grain (UK) liquefied natural gas facility.

Employees: 31,425

0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

284% more call options, than puts

Call options by funds: $62.1M | Put options by funds: $16.2M

143% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 37

28% more repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 138

21% more capital invested

Capital invested by funds: $2.43B [Q2] → $2.94B (+$507M) [Q3]

12% more funds holding

Funds holding: 414 [Q2] → 463 (+49) [Q3]

0% less ownership

Funds ownership: 0.89% [Q2] → 0.89% (-0%) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for NGG.

Financial journalist opinion

Based on 4 articles about NGG published over the past 30 days

Positive
Proactive Investors
5 days ago
National Grid and SSE top picks for US bank despite bond market distraction
Utilities have fallen out of favour a little with the rise in bond yields in the US and UK, but earnings across the sector should be supportive in the next round of updates says Citi, which still likes National Grid PLC (LSE:NG.) and SSE PLC (LSE:SSE).
National Grid and SSE top picks for US bank despite bond market distraction
Positive
Benzinga
2 weeks ago
Top 3 Utilities Stocks You'll Regret Missing In December
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Top 3 Utilities Stocks You'll Regret Missing In December
Positive
Proactive Investors
3 weeks ago
National Grid announces £35bn investment plan
National Grid PLC (LSE:NG.) has released its ‘RIIO-T3 Business Plan', outlining infrastructure investments of up to £35 billion over a five-year period from April 2026.
National Grid announces £35bn investment plan
Positive
Reuters
3 weeks ago
UK's National Grid to invest up to $44 bln in transmission business
Britain's National Grid said on Wednesday it would invest up to 35 billion pounds ($44.45 billion) over the five years to March 2031 as per its business plan for its transmission business.
UK's National Grid to invest up to $44 bln in transmission business
Neutral
Business Wire
1 month ago
AM Best Assigns Credit Ratings to National Grid Insurance USA Ltd
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to National Grid Insurance USA Ltd (NGIUSA) (United States). The outlook assigned to these Credit Ratings (ratings) is stable. NGIUSA is a captive of National Grid plc (NG), a large utility group. The ratings reflect NGIUSA's balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business prof.
AM Best Assigns Credit Ratings to National Grid Insurance USA Ltd
Neutral
PRNewsWire
1 month ago
National Grid appoints Steve Smith as Chief Strategy and Regulation Officer
BROOKLYN, N.Y. and WALTHAM, Mass.
National Grid appoints Steve Smith as Chief Strategy and Regulation Officer
Positive
Proactive Investors
1 month ago
National Grid and SSE may get cash from Ofgem fund to speed transmission network expansion
The UK energy regulator is mulling the launch of a £5-8 billion investment fund in 2025 to help speed the expansion of the UK electricity network.  Under the current proposal, cash would be provided to allow the UK's three energy transmission owners to buy the equipment such as cables, steel and technology "years in advance" of when they need to use it, according to the Ofgem proposal, even before the project is finalised.
National Grid and SSE may get cash from Ofgem fund to speed transmission network expansion
Positive
Proactive Investors
1 month ago
National Grid and SP Energy to build £2bn electricity superhighway between England and Scotland
Ofgem has green-lit a £2 billion funding package to build out the ‘Eastern Green Link 1' (EGL1) subsea cable project. Spanning 196 kilometres, the high-voltage electricity cable will connect Torness in East Lothian, Scotland, to Hawthorn Pit in County Durham, England.
National Grid and SP Energy to build £2bn electricity superhighway between England and Scotland
Positive
Proactive Investors
2 months ago
National Grid gets go-ahead for Dutch and Belgium subsea interconnectors
National Grid PLC (LSE:NG.) has received UK regulatory approval for its LionLink and Nautilus electricity interconnections (Offshore Hybrid Assets) to connect gird networks and offshore wind farms based in Dutch and Belgian territorial waters.
National Grid gets go-ahead for Dutch and Belgium subsea interconnectors
Positive
Seeking Alpha
2 months ago
National Grid: Growth And Yield
National Grid has streamlined its business, focusing on core UK and US electricity and gas networks, enhancing its defensive nature and growth potential. Asset sales and a £7 billion rights issue have reduced debt, lowered finance costs, and provided capital for future investments. The company is poised for low-risk, high-quality asset growth, with underlying earnings per share expected to grow 6-8% CAGR.
National Grid: Growth And Yield
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