With 55% ownership, Fortis Inc. (TSE:FTS) boasts of strong institutional backing [Yahoo! Finance]
Fortis Inc. Common Shares (FTS)
Last fortis inc. common shares earnings: 2/13 06:00 am
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US:NYSE Investor Relations:
fortisinc.com/investor-relations/investor-relations
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Source: Yahoo! Finance
43% of the business is held by the top 25 shareholders Insiders have been buying lately A look at the shareholders of Fortis Inc. ( TSE:FTS ) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 55% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. In the chart below, we zoom in on the different ownership groups of Fortis. Check out our latest analysis for Fortis Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
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FTS
News
- Fortis Inc. Announces Changes to Its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Fortis Inc. Announces Changes to Its Board of DirectorsGlobeNewswire
- Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations Partners [Canadian Business Journal (Canada)]Canadian Business Journal
- Fortis Inc. Celebrates Construction Completion of the Wataynikaneyap Power Transmission System With Its First Nations PartnersGlobeNewswire
- Fortis Inc. to Renew At-The-Market Equity Program [Canadian Business Journal (Canada)]Canadian Business Journal
FTS
Earnings
- 11/5/24 - Beat
FTS
Sec Filings
- 12/23/24 - Form 6-K
- 12/9/24 - Form 6-K
- 12/9/24 - Form SUPPL
- FTS's page on the SEC website