BlackRock (NYSE: FTS) reports 34.2M shares, 6.7% stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
BlackRock, Inc. files Amendment No. 2 to Schedule 13G/A reporting ownership of 34,213,560 shares of Fortis Inc. common stock. The filing shows 6.7% of the class, with 32,649,338 shares of sole voting power and 34,213,560 shares of sole dispositive power as reported.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned: 34,213,560 shares
Percent of class: 6.7%
Sole voting power: 32,649,338 shares
+3 more
6 metrics
Beneficially owned
34,213,560 shares
Amount beneficially owned reported on Schedule 13G/A
Percent of class
6.7%
Percent of common stock class reported
Sole voting power
32,649,338 shares
Sole power to vote or direct the vote
Sole dispositive power
34,213,560 shares
Sole power to dispose or direct disposition
CUSIP
349553107
CUSIP for Fortis Inc. common stock
Signature date
04/24/2026
Date signature was provided on the amendment
Key Terms
Schedule 13G/A, beneficially owned, sole dispositive power, sole voting power
4 terms
Schedule 13G/A regulatory
"Amendment No. 2 to Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned regulatory
"Amount beneficially owned: 34213560 (b) Percent of class: 6.7 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 34213560"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting power regulatory
"Sole power to vote or to direct the vote: 32649338"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
FAQ
What stake does BlackRock report in FTS (Fortis Inc.)?
BlackRock reports beneficial ownership of 34,213,560 shares (6.7%). The Schedule 13G/A lists 34,213,560 shares beneficially owned and a 6.7% ownership percentage of the common stock class.
How much voting power does BlackRock hold in Fortis (FTS)?
BlackRock reports sole voting power over 32,649,338 shares. The filing specifies 32,649,338 shares as sole power to vote and 0 shares as shared voting power.
When was the Schedule 13G/A amendment signed for FTS?
The filing was signed on 04/24/2026 by a BlackRock Managing Director. The cover references the report date 03/31/2026 and the signature date is shown as 04/24/2026.
Does BlackRock claim voting or dividend rights for more than 5% holders of Fortis (FTS)?
BlackRock states various persons may have rights but no single other person exceeds 5%. The filing notes no other person's interest in Fortis common stock exceeds 5% of outstanding shares.