National Grid Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

XTRA:NNGF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
15 Jun 26	Buy€231,296	Andrew Agg	Individual	16,602	€13.93
01 Jul 25	Sell€2,077,732	John Pettigrew	Individual	165,530	€12.55
01 Jul 25	Sell€1,172,055	Andrew Agg	Individual	93,376	€12.55

Insider Trading Volume

Insider Buying: NNGF insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NNGF?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	968,854	0.0195%
State or Government	5,231,012	0.105%
Public Companies	9,780,291	0.197%
Private Companies	14,901,160	0.299%
Employee Share Scheme	15,902,270	0.32%
General Public	792,691,592	15.9%
Institutions	4,136,169,956	83.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 44.82% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.51%	BlackRock, Inc.	423,619,104	€5.9b	-11.1%	0.08%
3.08%	Vanguard Capital Management, LLC	153,458,182	€2.1b	1.08%	0.04%
2.86%	Capital Research and Management Company	142,467,844	€2.0b	17.5%	0.08%
2.14%	Lazard Asset Management LLC	106,246,036	€1.5b	0.61%	1.44%
2.13%	Amundi Asset Management SAS	106,045,501	€1.5b	2.01%	0.23%
2.08%	GQG Partners LLC	103,489,881	€1.4b	3.55%	1.26%
2.02%	Bank of America Corporation	100,291,183	€1.4b	0.31%	0.35%
1.91%	State Street Global Advisors, Inc.	95,099,469	€1.3b	9.42%	0.04%
1.83%	Legal & General Investment Management Limited	90,897,235	€1.3b	1.85%	0.25%
1.69%	HSBC Global Asset Management (UK) Limited	84,039,363	€1.2b	31.5%	0.4%
1.69%	Norges Bank Investment Management	83,885,576	€1.2b	-0.76%	0.08%
1.52%	Aberdeen Group Plc	75,649,579	€1.1b	-2.77%	0.56%
1.36%	UBS Asset Management AG	67,833,953	€949.7m	-1.12%	0.07%
1.36%	Fidelity International Ltd	67,705,270	€947.9m	-8.8%	0.34%
1.32%	Vanguard Asset Management, Limited	65,805,441	€921.3m	0.23%	0.36%
1.05%	FMR LLC	52,375,118	€733.3m	-11.8%	0.04%
1.05%	Geode Capital Management, LLC	52,246,218	€731.5m	8.76%	0.04%
1.05%	Hargreaves Lansdown Asset Management Ltd.	52,198,185	€730.8m	-1.92%	1.57%
1.01%	T. Rowe Price Group, Inc.	50,352,565	€705.0m	-9.81%	0.06%
0.97%	First Trust Advisors LP	48,319,955	€676.5m	10.1%	0.4%
0.88%	Vanguard Fiduciary Trust Company	43,775,918	€612.9m	0.73%	0.09%
0.86%	Massachusetts Financial Services Company	42,651,546	€597.2m	-17.5%	0.15%
0.82%	Artisan Partners Limited Partnership	40,832,922	€571.7m	3.3%	0.44%
0.81%	Swedbank Robur Fonder AB	40,518,034	€567.3m	25.6%	0.41%
0.81%	Rathbones Investment Management Limited	40,270,226	€563.8m	-0.72%	1.13%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/22 13:36
End of Day Share Price	2026/06/22 00:00
Earnings	2026/03/31
Annual Earnings	2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

National Grid plc is covered by 28 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gary Hovis	Argus Research Company
Dominic Nash	Barclays
Daniel Ford	Barclays