ALLETE (ALE) News Today $65.44 -0.02 (-0.03%) Closing price 02/21/2025 03:59 PM EasternExtended Trading$65.50 +0.06 (+0.09%) As of 02/21/2025 06:40 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 InterestSustainabilityTrends 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 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 March 2022 Time Period Empowered 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 at 3:05 AM | 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.comAllete CFO Steven Morris To RetireJanuary 24, 2025 | markets.businessinsider.comALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned TransitionJanuary 24, 2025 | businesswire.comAllete Stock Hits 52-Week High at $65.9 Amid Positive Annual GrowthJanuary 21, 2025 | msn.comALLETE (NYSE:ALE) Hits New 1-Year High - Time to Buy?ALLETE (NYSE:ALE) Hits New 52-Week High - Time to Buy?January 21, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Short Interest Up 7.8% in DecemberALLETE, Inc. (NYSE:ALE - Get Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,070,000 shares, a growth of 7.8% from the December 15th total of 992,300 shares. Based on an average daily volume of 293,300 shares, the short-interest ratio is currently 3.6 days.January 19, 2025 | marketbeat.comALLETE (NYSE:ALE) Sees Unusually-High Trading Volume - What's Next?ALLETE (NYSE:ALE) Sees Strong Trading Volume - Here's What HappenedJanuary 15, 2025 | marketbeat.comJPMorgan Chase & Co. Decreases Position in ALLETE, Inc. (NYSE:ALE)JPMorgan Chase & Co. decreased its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 19.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 302,131 shares of the utilities provider's sJanuary 10, 2025 | marketbeat.comALLETE (NYSE:ALE) Coverage Initiated at StockNews.comStockNews.com assumed coverage on shares of ALLETE in a research note on Friday. They set a "hold" rating for the company.January 10, 2025 | marketbeat.comStockNews.com Initiates Coverage on ALLETE (NYSE:ALE)StockNews.com began coverage on ALLETE in a research note on Thursday. They issued a "hold" rating on the stock.January 2, 2025 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Sold by Principal Financial Group Inc.Principal Financial Group Inc. lowered its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 21.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 180,339 shares of the utilities provider's stock after selling 50,258 shares duringDecember 30, 2024 | marketbeat.comALLETE (NYSE:ALE) Coverage Initiated by Analysts at StockNews.comStockNews.com assumed coverage on ALLETE in a report on Wednesday. They set a "hold" rating for the company.December 25, 2024 | marketbeat.comAllete receives FERC approval to be acquired by CPP Investments, GIPDecember 20, 2024 | markets.businessinsider.comRetirement Systems of Alabama Sells 114,449 Shares of ALLETE, Inc. (NYSE:ALE)Retirement Systems of Alabama lowered its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 62.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,157 shares of the utilities provider's stocDecember 20, 2024 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Acquired by Geode Capital Management LLCGeode Capital Management LLC increased its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 1.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,395,362 shares of the utilities provider's stock after acquiring an additional 21December 20, 2024 | marketbeat.comBarclays PLC Boosts Stake in ALLETE, Inc. (NYSE:ALE)Barclays PLC increased its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 187.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,079 shares of the utilities provider's stock after buying an addDecember 20, 2024 | marketbeat.comAllete’s $6.2 Billion Merger Gains Regulatory ApprovalDecember 19, 2024 | tipranks.comALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure PartnersDecember 19, 2024 | businesswire.comALLETE, Inc. (NYSE:ALE) Shares Bought by Jane Street Group LLCJane Street Group LLC increased its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 107.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,631 shares of the utilities provider's stock after aDecember 14, 2024 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Purchased by State Street CorpState Street Corp lifted its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 0.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,459,692 shares of the utilities provider's stock after purchasing an adDecember 14, 2024 | marketbeat.comXTX Topco Ltd Makes New $779,000 Investment in ALLETE, Inc. (NYSE:ALE)XTX Topco Ltd acquired a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,130 shares of the utilities provider's stock, vDecember 12, 2024 | marketbeat.comUBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stake in ALLETE, Inc. (NYSE:ALE)UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 13.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 104,801 shares of the utilities provider's stockDecember 11, 2024 | marketbeat.comPuget Sound Energy signs on to largest share of North Plains Connector transmission projectDecember 9, 2024 | globenewswire.comALLETE (NYSE:ALE) Now Covered by StockNews.comStockNews.com started coverage on ALLETE in a research report on Monday. They set a "hold" rating for the company.December 9, 2024 | marketbeat.comThe Manufacturers Life Insurance Company Has $3.75 Million Stock Position in ALLETE, Inc. (NYSE:ALE)The Manufacturers Life Insurance Company cut its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 17.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,362 shares of the utilities provider's stocDecember 8, 2024 | marketbeat.comHolocene Advisors LP Invests $1.80 Million in ALLETE, Inc. (NYSE:ALE)Holocene Advisors LP acquired a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 28,044 shares of the utilities provider's stock, valued at approximately $1,80December 7, 2024 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Purchased by Polar Asset Management Partners Inc.Polar Asset Management Partners Inc. increased its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 100.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 80,000 shares of the utilities provider's stock after acquiringDecember 5, 2024 | marketbeat.comCaptrust Financial Advisors Has $3.04 Million Stake in ALLETE, Inc. (NYSE:ALE)Captrust Financial Advisors lifted its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 38.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,341 shares of the utilities provider's stock after pDecember 5, 2024 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Sold by Hotchkis & Wiley Capital Management LLCHotchkis & Wiley Capital Management LLC lessened its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 185,862 shares of the utDecember 4, 2024 | marketbeat.com 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▼1.410.73▲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▼44▲ALE Articles Average Week 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 Related Companies and Tools Related Companies PNW News OGE News IDA News POR News MGEE News OTTR News HE News ARRY News UTL News NEE News Headlines Tools Trending Media MentionsHigh Media Sentiment StocksLive News FeedMarketBeat OriginalsStock Ideas This page (NYSE:ALE) was last updated on 2/22/2025 by MarketBeat.com Staff From Our Partners[RFK Jr CONFIRMED] Here’s why Dems are TERRIFIEDRobert F. Kennedy Jr was just confirmed as Trump’s secretary of Health and Human Services… but it was NOT easy...NewMarket Health Publishing, LLC. | SponsoredSecret financial plot unfolding in Washington DC… [DEVELOPING]What stocks are next up to soar in 2025? I believe I’ve found the answer - and it might surprise you. 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