FTS

Key Takeaways

• Fortis is a regulated electric and gas utility that reports in Canadian dollars, and 95% of its revenue comes from rates a regulator approved rather than from anything sold in a competitive market. • The growth is an approved-spending plan, not a demand story: a 28.8 billion dollar five-year capital program is meant to lift midyear rate base from 42.4 billion in 2025 to 57.9 billion by 2030, supporting dividend growth guided at 4% to 6% a year through 2030 [Source: Q1 2026 results release, May

Institutional ownership

331 institutional managers reported holding FTS in 13F filings for the quarter ended 2026-03-31. Together they hold about 50% of the company; the top 10 hold 32%. 48 opened new positions that quarter. Held by Vanguard Group, Geode Capital, Goldman Sachs, among others. On the short side, 9.3M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (11.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

FTS's share count grew 6.9% over the past five years. It pays a dividend, and has paid one every year in our records (11 and counting), raised 4 years straight; the current rate is $1.85 a share annually. Cash returned over the past three years: $2.19B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at FTS over the trailing three years: 2026: 1 buy totaling $45k. 1 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Compare FTS

Browse all stock reportsOpen the screener