National Grid plc has recently made headlines with significant developments in its shareholding structure. On May 22, 2025, the company revealed that Bank of America Corporation has increased its stake in National Grid’s voting ordinary shares to 5.58%, according to a notification received on May 21, 2025. This change in shareholding may reshape the dynamics among National Grid’s investors and could have implications for future corporate strategies.
Analysts currently have a ‘Hold’ rating on National Grid’s stock (NGG), assigning it a price target of $73.00. Spark, an AI Analyst from TipRanks, has categorized NGG stock as ‘Outperform’, reflecting confidence in the company despite facing challenges in revenue and profitability. The stock is showing positive signs with bullish momentum, enhanced by a reasonable price-to-earnings ratio and an attractive dividend yield. Recent statements from the company’s earnings call point towards substantial investments and strategic initiatives, which further support a positive outlook on the stock.
As a leader in the energy sector, National Grid plc plays a crucial role in electricity and gas transmission and distribution in both the United Kingdom and the United States, ensuring the reliable delivery of energy to various consumers.
With an average trading volume of 890,881, National Grid currently boasts a market capitalization of $71.56 billion and has received a ‘Buy’ signal from technical sentiment indicators.
Overall, this positive sentiment from analysts and significant institutional interest signal a potentially bright future for National Grid and its stakeholders. It will be interesting to see how these developments influence the company’s operations and its standing in the energy market moving forward.