ALLETE (ALE) News Today $65.70 +0.01 (+0.02%) Closing price 03/24/2025 03:59 PM EasternExtended Trading$65.33 -0.37 (-0.56%) As of 03/24/2025 04:37 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock All Sources Trusted Sources MarketBeat Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 Time Period ALLETE, Inc. (NYSE:ALE) Position Raised by Commonwealth of Pennsylvania Public School Empls Retrmt SYSCommonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 54.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 169,707 shares of the utilities provider's stock after buyinMarch 23 at 5:06 AM | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Sold by Boston PartnersBoston Partners reduced its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 26.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,928 shares of the utilities provider's stock after selling 10,00March 23 at 4:40 AM | marketbeat.comIntech Investment Management LLC Boosts Stake in ALLETE, Inc. (NYSE:ALE)Intech Investment Management LLC raised its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 198.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,185 shares of the utilities provider's stock aftMarch 22 at 4:45 AM | marketbeat.comProficio Capital Partners LLC Makes New Investment in ALLETE, Inc. (NYSE:ALE)Proficio Capital Partners LLC bought a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 22,615 shares of the utilities provider's stock, valued atMarch 21, 2025 | marketbeat.comVictory Capital Management Inc. Has $1.75 Million Stake in ALLETE, Inc. (NYSE:ALE)Victory Capital Management Inc. cut its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 81.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,946 shares of the utilities provider's stock after selling 117March 18, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Purchased by Skandinaviska Enskilda Banken AB publSkandinaviska Enskilda Banken AB publ increased its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,672 shares of the utilities provider's stockMarch 17, 2025 | marketbeat.comAlphaQuest LLC Has $369,000 Stock Position in ALLETE, Inc. (NYSE:ALE)AlphaQuest LLC reduced its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 83.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,691 shares of the utilities provider's stock after selling 28,676 shaMarch 14, 2025 | marketbeat.comCharles Schwab Investment Management Inc. Purchases 20,245 Shares of ALLETE, Inc. (NYSE:ALE)Charles Schwab Investment Management Inc. lifted its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 786,588 shares of the utilities provider's sMarch 14, 2025 | marketbeat.comWisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure PartnersMarch 14, 2025 | finance.yahoo.comAllete announces PSCW approves Canada Pension Plan Investment Board transactionMarch 14, 2025 | markets.businessinsider.comWisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment ...March 13, 2025 | gurufocus.comAllete names Jeff Scissons as CFO, succeeding Steven MorrisMarch 11, 2025 | markets.businessinsider.comALLETE Names Jeff Scissons Chief Financial OfficerMarch 11, 2025 | gurufocus.comInspire Advisors LLC Has $2.22 Million Position in ALLETE, Inc. (NYSE:ALE)Inspire Advisors LLC lifted its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 16.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,267 shares of the utilities provider's stock after buying an addMarch 11, 2025 | marketbeat.comALLETE Names Jeff Scissons Chief Financial OfficerMarch 11, 2025 | businesswire.comALLETE, Inc. (NYSE:ALE) Shares Sold by Alpine Associates Management Inc.Alpine Associates Management Inc. trimmed its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 3.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 383,847 shares of the utilities provider's stock after selling 14,200 shares duringMarch 10, 2025 | marketbeat.comBank of New York Mellon Corp Sells 294,620 Shares of ALLETE, Inc. (NYSE:ALE)Bank of New York Mellon Corp lessened its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 38.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 478,542 shares of the utilities provider's stock after selling 294,620 shares durinMarch 9, 2025 | marketbeat.comUS Bancorp DE Buys 12,249 Shares of ALLETE, Inc. (NYSE:ALE)US Bancorp DE increased its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 82.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,090 shares of the utilities provider's stock after acquiring an additional 12,249 shares during the periMarch 8, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Sold by Mutual of America Capital Management LLCMutual of America Capital Management LLC decreased its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 62.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,542 shares of the utilities provider's stock after selling 50,8March 8, 2025 | marketbeat.comProficio Capital Partners LLC Invests $1.47 Million in ALLETE, Inc. (NYSE:ALE)Proficio Capital Partners LLC purchased a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 22,615 shares of the utilities provider's stock, vaMarch 7, 2025 | marketbeat.comNew Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar ProjectMarch 6, 2025 | prnewswire.comY Intercept Hong Kong Ltd Makes New Investment in ALLETE, Inc. (NYSE:ALE)Y Intercept Hong Kong Ltd bought a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,870 shares of the utilities provider's stock, valued atMarch 4, 2025 | marketbeat.comNew York Life Investment Management LLC Sells 12,046 Shares of ALLETE, Inc. (NYSE:ALE)New York Life Investment Management LLC decreased its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,442 shares of the utilities provider'sMarch 1, 2025 | marketbeat.comIeq Capital LLC Purchases Shares of 5,361 ALLETE, Inc. (NYSE:ALE)Ieq Capital LLC acquired a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 5,361 shares of the utilities provider's stock, valued at approximately $347,000. Several other largeFebruary 28, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Purchased by Principal Financial Group Inc.Principal Financial Group Inc. grew its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 184,915 shares of the utilities provider's stock after purchasing an additional 4,576 sharFebruary 28, 2025 | marketbeat.comHow Fifth Third Bancorp, ALLETE, And S&T Bancorp Can Put Cash In Your PocketFebruary 27, 2025 | finance.yahoo.comOLD Republic International Corp Sells 158,000 Shares of ALLETE, Inc. (NYSE:ALE)OLD Republic International Corp cut its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 29.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 383,100 shares of the utilities provider's stock after selling 158,000 shareFebruary 24, 2025 | marketbeat.comRhumbline Advisers Has $13.58 Million Position in ALLETE, Inc. (NYSE:ALE)Rhumbline Advisers raised its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,532 shares of the utilities provider's stock after buying an additional 7,153 shFebruary 23, 2025 | marketbeat.comEmpowered Funds LLC Makes New Investment in ALLETE, Inc. (NYSE:ALE)Empowered Funds LLC acquired a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,675 shares of the utilities provider's stock, valued at approximateFebruary 21, 2025 | marketbeat.comALLETE (NYSE:ALE) Posts Quarterly Earnings ResultsALLETE (NYSE:ALE - Get Free Report) issued its earnings results on Tuesday. The utilities provider reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.02 by ($0.15). ALLETE had a return on equity of 5.99% and a net margin of 11.49%.February 18, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Stock Position Raised by Congress Asset Management Co.Congress Asset Management Co. grew its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 9.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,000 shares of the utilities provider's stock after purchasing an adFebruary 18, 2025 | marketbeat.comABC Arbitrage SA Buys New Shares in ALLETE, Inc. (NYSE:ALE)ABC Arbitrage SA bought a new stake in ALLETE, Inc. (NYSE:ALE - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 49,404 shares of the utilities provider's stock, valued at approximately $3,201,000.February 16, 2025 | marketbeat.comRep. Julie Johnson Sells ALLETE, Inc. (NYSE:ALE) StockRepresentative Julie Johnson (D-Texas) recently sold shares of ALLETE, Inc. (NYSE:ALE). In a filing disclosed on February 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in ALLETE stock on January 28th. The trade occurred in the Representative's "MERRILL LYNCH LONGFebruary 14, 2025 | marketbeat.comJulie Johnson from Texas's 32nd district makes multiple transactions in Merrill Lynch and Chase Brokerage accountsFebruary 13, 2025 | msn.comALLETE Inc (ALE) Reports 2024 Financial Results Amidst Strategic Merger DevelopmentsFebruary 13, 2025 | gurufocus.comAllete reports Q4 EPS 87c, consensus $1.08February 13, 2025 | markets.businessinsider.comALLETE, Inc. Reports 2024 EarningsFebruary 13, 2025 | businesswire.comALLETE (NYSE:ALE) Sets New 52-Week High - Still a Buy?ALLETE (NYSE:ALE) Hits New 1-Year High - What's Next?February 12, 2025 | marketbeat.comALLETE (ALE) Expected to Announce Quarterly Earnings on TuesdayALLETE (NYSE:ALE) will be releasing earnings before the market opens on Tuesday, February 18, Financial Modeling Prep reports.February 11, 2025 | marketbeat.comAllete, Inc.: 11% Return Beats A Bank For Short-Term Idle CashFebruary 7, 2025 | seekingalpha.comYorktown Management & Research Co Inc Takes $305,000 Position in ALLETE, Inc. (NYSE:ALE)Yorktown Management & Research Co Inc bought a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,700 shares of the utilitiFebruary 5, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Short Interest Up 7.8% in JanuaryALLETE, Inc. (NYSE:ALE - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,070,000 shares, an increase of 7.8% from the December 31st total of 992,300 shares. Based on an average daily trading volume, of 293,300 shares, the days-to-cover ratio is currently 3.6 days.February 4, 2025 | marketbeat.comPacer Advisors Inc. Reduces Stock Position in ALLETE, Inc. (NYSE:ALE)Pacer Advisors Inc. lessened its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 39.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,620 shares of the utilities provider's stock after selling 5,617 shares during the quarFebruary 4, 2025 | marketbeat.comDeroy & Devereaux Private Investment Counsel Inc. Has $19.66 Million Position in ALLETE, Inc. (NYSE:ALE)Deroy & Devereaux Private Investment Counsel Inc. cut its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 303,463 shares of the utilities provider's stockFebruary 2, 2025 | marketbeat.comTokio Marine Asset Management Co. Ltd. Acquires Shares of 83,000 ALLETE, Inc. (NYSE:ALE)Tokio Marine Asset Management Co. Ltd. bought a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 83,000 shares of the utilities provider's stock, valued at approximateFebruary 2, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Increases Dividend to $0.73 Per ShareALLETE, Inc. (NYSE:ALE) announced a quarterly dividend on Thursday, January 30th. Stockholders of record on Friday, February 14th will be given a dividend of 0.73 per share by the utilities provider on Saturday, March 1st. This represents a $2.92 annualized dividend and a dividend yield of 4.47%. This is an increase from ALLETE's previous quarterly dividend of $0.71.January 30, 2025 | marketbeat.comAllete raises quarterly dividend 3.5% to 73c per shareJanuary 30, 2025 | markets.businessinsider.comALLETE Board of Directors Raises Quarterly Common Stock DividendJanuary 30, 2025 | businesswire.comInspire Investing LLC Sells 4,919 Shares of ALLETE, Inc. (NYSE:ALE)Inspire Investing LLC cut its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 44.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,265 shares of the utilities provider's stock after selling 4,919 sharesJanuary 26, 2025 | marketbeat.comAllete announces retirement of CFO Steven Morris and succession planJanuary 24, 2025 | markets.businessinsider.com Remove Ads Get ALLETE News Delivered to You Automatically Sign up to receive the latest news and ratings for ALE and its competitors with MarketBeat's FREE daily newsletter. Email Address ALE Media Mentions By Week ALE Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. ALE News Sentiment▼1.550.77▲Average Utilities News Sentiment ALE News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. ALE Articles This Week▼54▲ALE Articles Average Week Remove Ads Get ALLETE News Delivered to You Automatically Sign up to receive the latest news and ratings for ALE and its competitors with MarketBeat's FREE daily newsletter. 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