Fortis Inc.

TSX:FTS Stock Report

Market Cap: CA$31.1b

Fortis Ownership

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

Recent Insider Transactions

TSX:FTS Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
10 Jan 25BuyCA$33,055Margarita DilleyIndividual550CA$60.10
02 Jan 25BuyCA$11,407Pierre BlouinIndividual190CA$60.04
02 Jan 25BuyCA$24,811Julie DobsonIndividual412CA$60.22
02 Jan 25BuyCA$12,848Tracey BallIndividual214CA$60.04
08 Nov 24BuyCA$27,653Keri GlitchIndividual450CA$61.45
08 Nov 24SellCA$1,395,307James LauritoIndividual22,810CA$61.17
01 Oct 24BuyCA$11,623Pierre BlouinIndividual190CA$61.17
01 Oct 24BuyCA$12,846Tracey BallIndividual210CA$61.17
01 Oct 24BuyCA$17,555Lawrence BorgardIndividual388CA$45.24
03 Sep 24BuyCA$2,958Stuart LochrayIndividual50CA$60.27
02 Jul 24BuyCA$11,525Pierre BlouinIndividual216CA$53.35
02 Jul 24BuyCA$12,805Tracey BallIndividual240CA$53.35
02 Jul 24BuyCA$22,995Lawrence BorgardIndividual431CA$53.35
19 Jun 24BuyCA$41,890James ReidIndividual800CA$52.37
01 Apr 24BuyCA$46,735Morgan Stanley, Investment Banking and Brokerage InvestmentsCompany876CA$53.42
05 Mar 24BuyCA$100,410Brian SlocumIndividual1,888CA$53.18
04 Mar 24SellCA$63,013Brian SlocumIndividual1,211CA$52.03
29 Feb 24BuyCA$50,254Margarita DilleyIndividual960CA$52.35
27 Feb 24BuyCA$31,332James ReidIndividual600CA$52.27
27 Feb 24BuyCA$1,308,571David HutchensIndividual25,000CA$52.34
26 Feb 24BuyCA$81,070Julie DobsonIndividual1,551CA$52.30
26 Feb 24BuyCA$79,125Donald MarchandIndividual1,500CA$52.75
26 Feb 24BuyCA$59,841James ReidIndividual1,150CA$52.07
26 Feb 24SellCA$50,969Ronald HinsleyIndividual972CA$52.44

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of FTS?
Owner TypeNumber of SharesOwnership Percentage
State or Government284,0710.0569%
Individual Insiders513,7360.103%
General Public228,488,91545.8%
Institutions270,014,38354.1%

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

Top Shareholders

Top 25 shareholders own 42.17% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
5.26%
BMO Asset Management Corp.
26,241,594CA$1.6b-0.55%0.41%
4.96%
Fidelity International Ltd
24,745,368CA$1.5b12.6%0.43%
4.28%
The Vanguard Group, Inc.
21,358,602CA$1.3b3%0.01%
3.65%
RBC Dominion Securities Inc., Asset Management Arm
18,221,292CA$1.1b-1.21%0.85%
2.42%
TD Asset Management, Inc.
12,092,895CA$753.9m-0.48%0.37%
1.81%
1832 Asset Management L.P.
9,030,342CA$563.0m-1.83%0.5%
1.81%
Beutel Goodman & Company Ltd.
9,021,648CA$562.4m-2.66%1.75%
1.77%
Scotiabank Global Banking and Markets, Asset Management Division
8,818,270CA$549.7m0.93%2.01%
1.67%
The Bank of Nova Scotia, Banking Investments
8,322,156CA$518.8m-9.51%0.69%
1.61%
Canadian Imperial Bank of Commerce, Asset Management Arm
8,055,401CA$502.2m-8.89%0.72%
1.61%
Toronto-Dominion Bank, Banking Investments
8,021,884CA$500.1m-32.7%0.51%
1.45%
RBC Global Asset Management Inc.
7,261,154CA$452.7m-0.66%0.19%
1.38%
Legal & General Investment Management Limited
6,899,843CA$430.1m-1.29%0.05%
1.24%
Mackenzie Financial Corporation
6,167,681CA$384.5m-2.46%0.28%
1.04%
National Bank Investments Inc.
5,190,336CA$323.6m21.8%0.27%
0.75%
Connor, Clark & Lunn Investment Management Ltd.
3,747,036CA$233.6m15.7%0.71%
0.75%
Norges Bank Investment Management
3,743,390CA$233.4m0%0.01%
0.74%
CIBC Asset Management Inc.
3,670,184CA$228.8m-6.54%0.3%
0.68%
Public Sector Pension Investment Board
3,372,362CA$210.2m0%0.7%
0.63%
Manulife Asset Management
3,126,939CA$194.9m0.72%0.1%
0.59%
ClearBridge Investments, LLC
2,960,705CA$184.6m-1.83%0.09%
0.56%
Royal Bank of Canada, Banking & Securities Investments
2,819,281CA$175.8m-5.74%0.06%
0.53%
Merrill Lynch & Co. Inc., Banking Investments
2,658,745CA$165.7m20.7%0.04%
0.52%
Canada Pension Plan Investment Board
2,600,483CA$162.1m21.4%0.09%
0.48%
Geode Capital Management, LLC
2,404,404CA$149.9m10.3%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 22:55
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Fortis Inc. is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Daniel FordBarclays
Ross Allen FowlerBarclays