Fortis Ownership

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

Recent Insider Transactions

DB:12F Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Jan 25	Buy€22,372	Margarita Dilley	Individual	550	€40.68
02 Jan 25	Buy€7,704	Pierre Blouin	Individual	190	€40.55
02 Jan 25	Buy€16,757	Julie Dobson	Individual	412	€40.67
02 Jan 25	Buy€8,677	Tracey Ball	Individual	214	€40.55
08 Nov 24	Buy€18,533	Keri Glitch	Individual	450	€41.18
08 Nov 24	Sell€935,147	James Laurito	Individual	22,810	€41.00
01 Oct 24	Buy€7,778	Pierre Blouin	Individual	190	€40.94
01 Oct 24	Buy€8,597	Tracey Ball	Individual	210	€40.94
01 Oct 24	Buy€11,748	Lawrence Borgard	Individual	388	€30.28
03 Sep 24	Buy€1,978	Stuart Lochray	Individual	50	€40.30
02 Jul 24	Buy€7,837	Pierre Blouin	Individual	216	€36.28
02 Jul 24	Buy€8,708	Tracey Ball	Individual	240	€36.28
02 Jul 24	Buy€15,638	Lawrence Borgard	Individual	431	€36.28
19 Jun 24	Buy€28,457	James Reid	Individual	800	€35.58
01 Apr 24	Buy€32,049	Morgan Stanley, Investment Banking and Brokerage Investments	Company	876	€36.63
05 Mar 24	Buy€68,069	Brian Slocum	Individual	1,888	€36.05
04 Mar 24	Sell€42,775	Brian Slocum	Individual	1,211	€35.32
29 Feb 24	Buy€34,254	Margarita Dilley	Individual	960	€35.68
27 Feb 24	Buy€21,358	James Reid	Individual	600	€35.63
27 Feb 24	Buy€892,012	David Hutchens	Individual	25,000	€35.68
26 Feb 24	Buy€55,285	Julie Dobson	Individual	1,551	€35.66
26 Feb 24	Buy€53,959	Donald Marchand	Individual	1,500	€35.97
26 Feb 24	Buy€40,808	James Reid	Individual	1,150	€35.51
26 Feb 24	Sell€34,758	Ronald Hinsley	Individual	972	€35.76

Insider Trading Volume

Insider Buying: 12F insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 12F?
Owner Type	Number of Shares	Ownership Percentage
State or Government	284,362	0.057%
Individual Insiders	513,778	0.103%
General Public	232,609,415	46.6%
Institutions	265,896,668	53.3%

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

Top Shareholders

Top 25 shareholders own 41.5% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4.88%	BMO Asset Management Corp.	24,375,228	€1.0b	-7.11%	0.4%
4.35%	The Vanguard Group, Inc.	21,722,993	€915.4m	1.71%	0.01%
4.27%	Fidelity International Ltd	21,337,579	€899.2m	-13.8%	0.37%
3.63%	RBC Dominion Securities Inc., Asset Management Arm	18,113,809	€763.3m	-0.59%	0.85%
2.46%	TD Asset Management, Inc.	12,266,121	€516.9m	1.43%	0.37%
2.01%	Toronto-Dominion Bank, Banking Investments	10,040,427	€423.1m	25.2%	0.6%
1.83%	Scotiabank Global Banking and Markets, Asset Management Division	9,148,037	€385.5m	3.74%	2.02%
1.77%	1832 Asset Management L.P.	8,845,161	€372.7m	-2.05%	0.51%
1.63%	Beutel Goodman & Company Ltd.	8,147,541	€343.3m	-9.69%	1.64%
1.61%	Canadian Imperial Bank of Commerce, Asset Management Arm	8,055,401	€339.5m	-8.89%	0.71%
1.31%	RBC Global Asset Management Inc.	6,540,858	€275.6m	-9.92%	0.17%
1.3%	The Bank of Nova Scotia, Banking Investments	6,487,685	€273.4m	-22%	0.47%
1.23%	Mackenzie Financial Corporation	6,130,453	€258.3m	-0.6%	0.26%
1.18%	National Bank Investments Inc.	5,909,658	€249.0m	13.9%	0.3%
1.17%	Legal & General Investment Management Limited	5,862,728	€247.1m	-15%	0.05%
0.89%	Manulife Asset Management	4,443,333	€187.2m	42.1%	0.14%
0.88%	Norges Bank Investment Management	4,391,444	€185.1m	17.3%	0.01%
0.85%	Geode Capital Management, LLC	4,257,486	€179.4m	77.1%	0.01%
0.74%	CIBC Asset Management Inc.	3,670,184	€154.7m	-6.54%	0.3%
0.67%	Public Sector Pension Investment Board	3,355,448	€141.4m	-0.5%	0.56%
0.65%	Connor, Clark & Lunn Investment Management Ltd.	3,239,493	€136.5m	-13.6%	0.57%
0.58%	ClearBridge Investments, LLC	2,892,968	€121.9m	-2.29%	0.09%
0.57%	Royal Bank of Canada, Banking & Securities Investments	2,846,971	€120.0m	0.98%	0.06%
0.52%	Canada Pension Plan Investment Board	2,600,483	€109.6m	0%	0.09%
0.51%	Merrill Lynch & Co. Inc., Banking Investments	2,551,404	€107.5m	-4.04%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/22 20:12
End of Day Share Price	2025/02/21 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

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

Fortis Inc. is covered by 25 analysts. 11 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
Harshit Gupta	Accountability Research Corporation
Daniel Ford	Barclays
Ross Allen Fowler	Barclays