Fortis
About: Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
Employees: 9,800
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
185% more call options, than puts
Call options by funds: $60.7M | Put options by funds: $21.3M
100% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 4 (+2) [Q1 2025]
18% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 99
9% more capital invested
Capital invested by funds: $10.5B [Q4 2024] → $11.5B (+$969M) [Q1 2025]
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
0.44% less ownership
Funds ownership: 50.74% [Q4 2024] → 50.3% (-0.44%) [Q1 2025]
1% less funds holding
Funds holding: 293 [Q4 2024] → 290 (-3) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for FTS.
Financial journalist opinion
Based on 13 articles about FTS published over the past 30 days
Positive
24/7 Wall Street
1 day ago
5 Dividend Kings Are Delivering Massive Total Returns of Up to 34% This Year
Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return.
Positive
Zacks Investment Research
2 days ago
Is Fortis (FTS) Stock Outpacing Its Utilities Peers This Year?
Here is how Fortis (FTS) and Tele2 (TLTZY) have performed compared to their sector so far this year.
Positive
Seeking Alpha
4 days ago
Fortis: The Buy Case For A Low-Risk Utility With Strong Earnings Visibility
Fortis manages $75 billion in regulated assets and is committed to driving sustainable, steady growth through a $26 billion capital investment plan by 2029. Q1 2025 results highlight strong cash flow, robust rate base growth, and continued dividend increases, reinforcing Fortis' low-risk, long-term appeal. The stock trades at a premium valuation, justified by its consistent performance and secure profile, making it attractive for long-term investors.
Neutral
Business Wire
4 days ago
Fortis Healthcare Recognized for its Global Contribution to Medical Value Travel at Advantage Healthcare India 2025
NEW DELHI, India--(BUSINESS WIRE)---- $FORTIS #AdvantageHealthCareIndia--Fortis Healthcare recognized for its global contribution to Medical Value Travel at Advantage Healthcare India 2025.
Positive
Seeking Alpha
5 days ago
Fortis: Quietly Powering Your Dividend Portfolio
Fortis offers stability with a 51-year record of annual dividend hikes and nearly 100% regulated operations, ideal for income-focused investors. Q1 2025 results showed robust growth, with net earnings up 8-9% and a strong capital expenditure plan driving future rate base expansion. Major investments in grid modernization, renewables, and LNG infrastructure position Fortis for long-term growth and diversified revenue streams.
Positive
Seeking Alpha
1 week ago
June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs
Most Dividend Kings are currently overpriced, but six offer fair value where annual dividends from $1,000 invested exceed their share price. Three top-yield Dividend Kings—Altria, Northwest Natural, and Canadian Utilities—meet the ideal 'dogcatcher' standard for fair pricing and dividend safety. Analyst projections suggest select Dividend Kings could deliver up to 58% total returns by June 2026, with lower volatility than the market overall.
Neutral
GlobeNewsWire
1 week ago
Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions
ST. JOHN'S, Newfoundland and Labrador, June 02, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 11,298 of its 7,665,082 issued and outstanding Cumulative Redeemable Five-Year Fixed Rate Reset First Preference Shares, Series H ("Series H Shares") were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Floating Rate First Preference Shares, Series I ("Series I Shares") and that 248,830 of its 2,334,918 Series I Shares were tendered for conversion, on a one-for-one basis, into Series H Shares. As a result of the conversion, Fortis has 7,902,614 Series H Shares and 2,097,386 Series I Shares issued and outstanding. The Series H Shares and the Series I Shares will continue to be listed on the Toronto Stock Exchange ("TSX") under the symbols FTS.PR.H and FTS.PR.I, respectively.
Negative
24/7 Wall Street
2 weeks ago
3 Table-Pounding Buys for Dividend Investors in May 2025
Dividend investing can be among the most frustrating investing styles for those thinking long-term.
Negative
Zacks Investment Research
2 weeks ago
Are Utilities Stocks Lagging Fortis (FTS) This Year?
Here is how Fortis (FTS) and Middlesex Water (MSEX) have performed compared to their sector so far this year.
Positive
Zacks Investment Research
3 weeks ago
Best Momentum Stocks to Buy for May 22nd
FTS and MTG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 22, 2025.
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