ALLETE (ALE) News Today $64.36 -0.18 (-0.28%) (As of 11/20/2024 ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street TipRanks The Wall Street Journal 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 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 February 2022 January 2022 December 2021 Time Period Alpine Associates Management Inc. Boosts Position in ALLETE, Inc. (NYSE:ALE)Alpine Associates Management Inc. raised its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 12.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 398,047 shares of the utilities provider's stockNovember 20 at 6:57 AM | marketbeat.comAllete says Armenia Mountain Wind output fully recontractedNovember 19 at 12:56 PM | msn.comALLETE Clean Energy has fully recontracted Armenia Mountain WindNovember 19 at 7:01 AM | businesswire.comQuest Partners LLC Raises Stake in ALLETE, Inc. (NYSE:ALE)Quest Partners LLC lifted its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 249.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,367 shares of the utilities provider's stockNovember 19 at 5:24 AM | marketbeat.comPrincipal Financial Group Inc. Sells 50,258 Shares of ALLETE, Inc. (NYSE:ALE)Principal Financial Group Inc. lessened its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 21.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,339 shares of the utilities provider's stock after selliNovember 18 at 3:22 AM | marketbeat.comShort Interest in ALLETE, Inc. (NYSE:ALE) Declines By 10.8%ALLETE, Inc. (NYSE:ALE - Get Free Report) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 821,100 shares, a decline of 10.8% from the October 15th total of 920,000 shares. Based on an average trading volume of 254,600 shares, the days-to-cover ratio is currently 3.2 days.November 18 at 12:54 AM | marketbeat.comAssetmark Inc. Sells 31,779 Shares of ALLETE, Inc. (NYSE:ALE)Assetmark Inc. lowered its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 83.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,413 shares of the utilities provider's stock after selling 31,779 shares during the quarteNovember 17, 2024 | marketbeat.comALLETE (NYSE:ALE) Coverage Initiated at StockNews.comStockNews.com began coverage on ALLETE in a research note on Friday. They issued a "hold" rating for the company.November 15, 2024 | marketbeat.comIs ALLETE, Inc. (ALE) Among The Top Dividend Contenders Right Now?November 14, 2024 | msn.comWolverine Asset Management LLC Acquires 10,302 Shares of ALLETE, Inc. (NYSE:ALE)Wolverine Asset Management LLC grew its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 30.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,633 shares of the utilities provider's stock after buying an additiNovember 12, 2024 | marketbeat.comCWA Asset Management Group LLC Purchases Shares of 17,274 ALLETE, Inc. (NYSE:ALE)CWA Asset Management Group LLC purchased a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 17,274 shares of the utilities provider's stock, valued at approximatNovember 11, 2024 | marketbeat.comOlympiad Research LP Acquires 11,418 Shares of ALLETE, Inc. (NYSE:ALE)Olympiad Research LP raised its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 72.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,271 shares of the utilities provider's stock after buying an additional 11,418November 7, 2024 | marketbeat.comCozad Asset Management Inc. Has $2.18 Million Holdings in ALLETE, Inc. (NYSE:ALE)Cozad Asset Management Inc. boosted its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 33.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,982 shares of the utilities provider's stock after buyingNovember 7, 2024 | marketbeat.comALLETE (NYSE:ALE) Posts Earnings Results, Misses Estimates By $0.21 EPSALLETE (NYSE:ALE - Get Free Report) posted its earnings results on Wednesday. The utilities provider reported $0.78 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.21). The business had revenue of $407.20 million during the quarter. ALLETE had a return on equity of 5.99% and a net margin of 11.49%. ALLETE's revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.49 EPS.November 2, 2024 | marketbeat.comWells Fargo Sticks to Their Hold Rating for Allete (ALE)November 1, 2024 | markets.businessinsider.comAllete Inc. Reports Mixed Financial ResultsNovember 1, 2024 | markets.businessinsider.comInternational Assets Investment Management LLC Buys New Shares in ALLETE, Inc. (NYSE:ALE)International Assets Investment Management LLC bought a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,091 shares of the utilities provOctober 31, 2024 | marketbeat.comALLETE, Inc. reports third quarter 2024 earningsOctober 30, 2024 | businesswire.comALLETE Q3 Profit Down, But Revenue RisesOctober 30, 2024 | markets.businessinsider.comALLETE (NYSE:ALE) Now Covered by Analysts at StockNews.comStockNews.com began coverage on ALLETE in a report on Wednesday. They set a "hold" rating for the company.October 30, 2024 | marketbeat.comALLETE Clean Energy Announces Sale of Wisconsin Wind SiteOctober 29, 2024 | businesswire.comALLETE, Inc. (NYSE:ALE) to Issue Dividend Increase - $0.71 Per ShareALLETE, Inc. (NYSE:ALE) declared a quarterly dividend on Friday, October 25th. Shareholders of record on Friday, November 15th will be given a dividend of 0.705 per share by the utilities provider on Sunday, December 1st. This represents a $2.82 dividend on an annualized basis and a yield of 4.39%. This is a boost from ALLETE's previous quarterly dividend of $0.70.October 25, 2024 | marketbeat.comALLETE (ALE) Set to Announce Quarterly Earnings on WednesdayALLETE (NYSE:ALE) will be releasing earnings before the market opens on Wednesday, October 30, Zacks reports.October 23, 2024 | marketbeat.comStockNews.com Begins Coverage on ALLETE (NYSE:ALE)StockNews.com started coverage on shares of ALLETE in a research report on Tuesday. They issued a "hold" rating for the company.October 22, 2024 | marketbeat.comAllete, Inc.October 18, 2024 | money.usnews.comALLETE (NYSE:ALE) Stock Quotes, Forecast and News SummaryOctober 18, 2024 | benzinga.comNew Energy Equity completes development of 14 Public Storage projects in MinnesotaOctober 17, 2024 | prnewswire.comTruist Financial Corp Sells 9,335 Shares of ALLETE, Inc. (NYSE:ALE)Truist Financial Corp lessened its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 30.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,995 shares of the utilities provider's stock after selling 9,335 shares during the periodOctober 13, 2024 | marketbeat.comCreative Planning Increases Holdings in ALLETE, Inc. (NYSE:ALE)Creative Planning grew its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 204.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 20,972 shares of the utilities provider's stock after buying an additional 14,076 shares during the quarter. CreOctober 9, 2024 | marketbeat.comMackenzie Financial Corp Lowers Position in ALLETE, Inc. (NYSE:ALE)Mackenzie Financial Corp decreased its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 96.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,686 shares of the utilities provider'sOctober 8, 2024 | marketbeat.comALLETE to Announce Third Quarter Financial Results October 30October 4, 2024 | finance.yahoo.comCubist Systematic Strategies LLC Invests $1.06 Million in ALLETE, Inc. (NYSE:ALE)Cubist Systematic Strategies LLC purchased a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 17,051 shares of the utilities provider's stock, valued at approximately $1,063,000. A numberOctober 3, 2024 | marketbeat.comBank of Montreal Can Grows Position in ALLETE, Inc. (NYSE:ALE)Bank of Montreal Can raised its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 554.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,678 shares of the utilities provider's stock after buying an additionaOctober 2, 2024 | marketbeat.comALLETE (NYSE:ALE) Stock Rating Upgraded by SidotiSidoti upgraded shares of ALLETE from a "hold" rating to a "strong-buy" rating in a research report on Monday.October 1, 2024 | marketbeat.comMillennium Management LLC Acquires 812,548 Shares of ALLETE, Inc. (NYSE:ALE)Millennium Management LLC raised its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 955.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 897,622 shares of the utilities provider's stock after acquirinOctober 1, 2024 | marketbeat.comWater Island Capital LLC Takes $11.58 Million Position in ALLETE, Inc. (NYSE:ALE)Water Island Capital LLC purchased a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 185,776 shares of the utilities proviSeptember 30, 2024 | marketbeat.comSquarepoint Ops LLC Makes New Investment in ALLETE, Inc. (NYSE:ALE)Squarepoint Ops LLC acquired a new position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 162,966 shares of the utilities provider's stock, valuedSeptember 29, 2024 | marketbeat.comALLETE (NYSE:ALE) Coverage Initiated by Analysts at StockNews.comStockNews.com assumed coverage on ALLETE in a research report on Saturday. They set a "hold" rating for the company.September 28, 2024 | marketbeat.comAllete planned takeover by PE firms gets China approvalSeptember 27, 2024 | msn.comPoint72 Hong Kong Ltd Invests $1.16 Million in ALLETE, Inc. (NYSE:ALE)Point72 Hong Kong Ltd bought a new stake in ALLETE, Inc. (NYSE:ALE - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,634 shares of the utilities provider's stock, valued at apprSeptember 26, 2024 | marketbeat.comProShare Advisors LLC Sells 18,840 Shares of ALLETE, Inc. (NYSE:ALE)ProShare Advisors LLC cut its position in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 13.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 125,597 shares of the utilities provider's stock after selling 18,840 sharSeptember 25, 2024 | marketbeat.comSkandinaviska Enskilda Banken AB publ Invests $1.87 Million in ALLETE, Inc. (NYSE:ALE)Skandinaviska Enskilda Banken AB publ purchased a new stake in ALLETE, Inc. (NYSE:ALE - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 30,000 shares of the utilities provider's stock, valued at approximately $1,8September 24, 2024 | marketbeat.comAllete to build two large solar projects in northern MinnesotaSeptember 24, 2024 | seekingalpha.comMinnesota Power plans two large solar projects in northern Minnesota as part of its EnergyForward strategy for carbon-free energySeptember 23, 2024 | businesswire.comGabelli Funds LLC Has $27.53 Million Stock Holdings in ALLETE, Inc. (NYSE:ALE)Gabelli Funds LLC lifted its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 59.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 441,564 shares of the utilities provider's stock after buying an additional 164,064September 23, 2024 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Acquired by Mutual of America Capital Management LLCMutual of America Capital Management LLC lifted its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 147.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,607 shares of the utiSeptember 21, 2024 | marketbeat.comFederated Hermes Inc. Lowers Holdings in ALLETE, Inc. (NYSE:ALE)Federated Hermes Inc. reduced its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 18.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,716 shares of the utilities provider's stoSeptember 20, 2024 | marketbeat.comAllete takeover will get a recommendation from Minnesota PUC's ALJ by July 15September 19, 2024 | msn.comNew Energy Equity achieves Gold Certification for advancements on DEIJ issuesSeptember 17, 2024 | prnewswire.com352,600 Shares in ALLETE, Inc. (NYSE:ALE) Bought by Alpine Associates Management Inc.Alpine Associates Management Inc. bought a new stake in ALLETE, Inc. (NYSE:ALE - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 352,600 shares of the utilities provider's stock, valued at approximately $21,985,September 16, 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 Breaking News: Tesla headed to $500… (Ad)That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. So to claim your free digital copy today, simply follow this link and enter your 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▼1.280.67▲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▼94▲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. 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