National Grid
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 6,809 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
120% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 41
28% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 138
21% more capital invested
Capital invested by funds: $2.35B [Q2] → $2.84B (+$491M) [Q3]
12% more funds holding
Funds holding: 414 [Q2] → 463 (+49) [Q3]
0% less ownership
Funds ownership: 0.87% [Q2] → 0.86% (-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 3 articles about NGG published over the past 30 days
Positive
Proactive Investors
4 days 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.
Positive
Reuters
4 days 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.
Neutral
Business Wire
2 weeks 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.
Neutral
PRNewsWire
1 month ago
National Grid appoints Steve Smith as Chief Strategy and Regulation Officer
BROOKLYN, N.Y. and WALTHAM, Mass.
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.
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.
Positive
Proactive Investors
1 month 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.
Positive
Seeking Alpha
1 month 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.
Neutral
Seeking Alpha
1 month ago
National Grid plc (NGG) Q2 2025 Earnings Call Transcript
National Grid plc (NYSE:NGG ) Q2 2025 Earnings Conference Call November 7, 2024 4:15 AM ET Company Participants Angela Broad - Director, Investor Relations John Pettigrew - Chief Executive Officer Andy Agg - Chief Financial Officer Conference Call Participants Pavan Mahbubani - JPMorgan Deepa Venkateswaran - Bernstein Dominic Nash - Barclays Jenny Ping - Citi Mark Freshney - UBS Rob Pulleyn - Morgan Stanley Ahmed Farman - Jefferies Marcin Wojtal - Bank of America Ingo Becker - Kepler Angela Broad Good morning, and welcome to National Grid's Half Year Results Presentation. I'm Angela Broad, Head of Investor Relations, and it's great to have so many of you on the call today.
Neutral
Proactive Investors
1 month ago
National Grid profits tumble but power group bullish longer term
National Grid PLC (LSE:NG.) ticked higher as it forecast steady earnings growth over the next five years in spite of a big interim profits drop.
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