NGG stock icon

National Grid
NGG

$69.60
0.48%

Market Cap: $68B

 

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 6,710 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1,423% more call options, than puts

Call options by funds: $32.7M | Put options by funds: $2.15M

0.25% less ownership

Funds ownership: 1.08% [Q1] → 0.83% (-0.25%) [Q2]

7% less funds holding

Funds holding: 442 [Q1] → 413 (-29) [Q2]

18% less capital invested

Capital invested by funds: $2.73B [Q1] → $2.25B (-$480M) [Q2]

33% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 179

43% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 68

Research analyst outlook

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

Financial journalist opinion

Based on 5 articles about NGG published over the past 30 days