Fortis Inc. (FTS)

Electric Services

Latest Price

$57.76

TTM P/E

Normalized P/E

TTM Div Yield

Fwd Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $3.40

Book value / share: $46.93

Formula: √(22.5 × EPS × BVPS)

Graham Number

$59.92

+4% upside

EPS: $3.40

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$51.00

12% downside

45.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Bank of Montreal	24.63M	$1.41B	4.86%	-155.7K	2026-06-30
FIL Ltd	17.72M	$1.01B	3.49%	-1.67M	2026-06-30
Vanguard Capital Management LLC	15.39M	$881.0M	3.03%	+219.0K	2026-06-30
TD Asset Management Inc	9.74M	$557.0M	1.92%	-3.70M	2026-06-30
TD Waterhouse Canada Inc.	9.44M	$535.0M	1.86%	+129.5K	2026-06-30
Scotia Capital Inc.	9.24M	$528.0M	1.82%	-157.7K	2026-06-30
CIBC World Market Inc.	7.73M	$442.0M	1.52%	-102.8K	2026-06-30
Geode Capital Management, LLC	7.37M	$445.0M	1.45%	+543.3K	2026-06-30
1832 Asset Management L.P.	7.34M	$420.0M	1.45%	-218.1K	2026-06-30
National Bank of Canada	6.99M	$399.0M	1.38%	+209.0K	2026-06-30