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 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
416% more call options, than puts
Call options by funds: $47.3M | Put options by funds: $9.17M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
0.04% less ownership
Funds ownership: 0.89% [Q3] → 0.85% (-0.04%) [Q4]
5% less funds holding
Funds holding: 464 [Q3] → 441 (-23) [Q4]
16% less capital invested
Capital invested by funds: $2.94B [Q3] → $2.47B (-$467M) [Q4]
17% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 78
30% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 175
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
Neutral
CNBC
1 week ago
Heathrow Airport had enough power to avoid shutdown after fire, Britain's National Grid says
Heathrow — Europe's busiest airport — closed down on Friday for most of the day after a fire broke out at a nearby electrical substation. In comments first reported by the Financial Times on Sunday, National Grid CEO John Pettigrew said two other substations supplying power to Heathrow had been operating as normal on Friday.
Positive
Proactive Investors
1 week ago
Ofgem approves £4bn of funding to support expansion of National Grid, SSE and Scottish Power transmission networks
The UK's energy regulator has approved a smaller-than-expected £4 billion of investment for the country's three transmission owners owned by National Grid PLC (LSE:NG.), SSE PLC (LSE:SSE) and Scottish Power to build out the electricity grid.
Positive
Reuters
2 weeks ago
National Grid awarded $76.4 billion supply chain framework
Britain's National Grid on Thursday said it had been awarded two parts of a 59 billion pound($76.36 billion) high voltage direct current supply chain framework to support key energy projects in the UK.
Neutral
PRNewsWire
3 weeks ago
Amperon Secures Strategic Investment from National Grid Partners to Accelerate AI-powered Energy Forecasting Solutions
HOUSTON , March 12, 2025 /PRNewswire/ -- Amperon, a leading provider of AI-powered energy forecasting and analytics solutions, today announced a strategic investment from National Grid Partners, the venture investment and innovation arm of National Grid (NYSE: NGG). This investment will further accelerate Amperon's commercial expansion across North America and Europe, enhancing its ability to provide best-in-class AI-powered energy forecasting and market analytics to utilities, independent power producers, and energy market participants.
Neutral
Proactive Investors
1 month ago
National Grid to sell US renewables wing for $1.7bn
National Grid PLC has announced the sale of its US onshore renewable energy division for US$1.7 billion (£1.3 billion). Brookfield Asset Management had agreed to buy the business, which develops and operates solar, onshore wind and battery storage projects, a statement said on Monday.
Neutral
Reuters
1 month ago
National Grid to sell US onshore renewables arm for $1.74 billion to Brookfield
Britain's National Grid said on Monday it would sell its U.S. onshore renewables business to private equity firm Brookfield Asset Management and its partners in a deal valued at $1.74 billion, including debt.
Neutral
GlobeNewsWire
1 month ago
Edf: 2024 annual results Excellent operational performance in a context of lower market prices Flamanville 3 connected to the French national grid for the first time Net financial debt stabilised Rollout of the “Ambitions 2035” strategy
2024 annual results Excellent operational performance in a context of lower market prices Flamanville 3 connected to the French national grid for the first time Net financial debt stabilised Rollout of the “Ambitions 2035” strategy Successful commercial offerings 2024 performane boosted by the substantial rise in nuclear and hydro output Electricity output: 520TWh (+41.3 for nuclear in France and +12.7TWh for hydropower) Sales: €118.7 bn EBITDA: €36.5 bn EBIT: €18.3 bn Net income - Group share: €11.4 bn Net Financial Debt: €54.3 bn - NFD / EBITDA: 1.49x Adjusted Economic Debt: €87.6 bn - AED / adjusted EBITDA: 2.73x Sales Sales totalled €118.7 bn, an organic decrease of 15.7% vs 2023 as prices fell in the countries where the Group does business. EBITDA EBITDA was €36.5 bn in 2024.
Neutral
PRNewsWire
1 month ago
National Grid and National Grid Foundation Add $1.4 Million to Heating Assistance Funds
Low-Income Customers Can Apply for Enhanced Emergency Heating Assistance BROOKLYN, N.Y. , Feb. 18, 2025 /PRNewswire/ -- National Grid and the National Grid Foundation today announced a joint $1.4 million contribution to support the company's low-income and emergency heating programs, the Care & Share Energy Fund and the Neighborhood Heating Fund, which opened today.
Positive
Proactive Investors
2 months ago
National Grid upgraded as time to 'step back in', says US bank
National Grid PLC (LSE:NG.) has been upgraded to 'buy' (from neutral) by US bank Citi after weakness for the power distributor due to the macro uncertainty currently.
Neutral
Seeking Alpha
2 months ago
National Grid: Upside Exists In Utilities And This Is One Of Them, Especially After The Decline
National Grid: Upside Exists In Utilities And This Is One Of Them, Especially After The Decline
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