ALLETE (ALE) News Today $64.50 -0.10 (-0.15%) (As of 12/20/2024 04:32 PM ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions 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 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 February 2022 January 2022 Time Period Allete receives FERC approval to be acquired by CPP Investments, GIPDecember 20 at 10:13 PM | 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 at 5:09 AM | 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 at 4:25 AM | 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 at 4:10 AM | marketbeat.comAllete’s $6.2 Billion Merger Gains Regulatory ApprovalDecember 19 at 5:37 PM | tipranks.comALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure PartnersDecember 19 at 5:00 PM | businesswire.comALLETE (NYSE:ALE) Coverage Initiated by Analysts at StockNews.comStockNews.com assumed coverage on ALLETE in a research note on Tuesday. They issued a "hold" rating for the company.December 17, 2024 | marketbeat.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.comVerition Fund Management LLC Grows Position in ALLETE, Inc. (NYSE:ALE)Verition Fund Management LLC boosted its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 91.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,387 shares of the utilities provider's stock after buying an addDecember 3, 2024 | marketbeat.comALLETE, Inc. (NYSE:ALE) Shares Sold by Thrivent Financial for LutheransThrivent Financial for Lutherans reduced its holdings in ALLETE, Inc. (NYSE:ALE - Free Report) by 29.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,741 shares of the utilities provider's stock after selling 8,352 sharesDecember 2, 2024 | marketbeat.comGlazer Capital LLC Acquires Shares of 89,822 ALLETE, Inc. (NYSE:ALE)Glazer Capital LLC acquired a new stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 89,822 shares of the utilities provider's stock, valued at approximately $5,766,000. Glazer Capital LLC owned apprDecember 1, 2024 | marketbeat.comCharles Schwab Investment Management Inc. Has $49.19 Million Stake in ALLETE, Inc. (NYSE:ALE)Charles Schwab Investment Management Inc. grew its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 1.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 766,343 shares of the utilities provider's stock after acquiring an additional 7,December 1, 2024 | marketbeat.comCitigroup Inc. Buys 28,612 Shares of ALLETE, Inc. (NYSE:ALE)Citigroup Inc. lifted its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 28.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,635 shares of the utilities provider's stock after purchasing an additional 28November 30, 2024 | marketbeat.comLoomis Sayles & Co. L P Sells 9,353 Shares of ALLETE, Inc. (NYSE:ALE)Loomis Sayles & Co. L P lowered its holdings in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 6.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,189 shares of the utilities provider's stock afterNovember 28, 2024 | marketbeat.comAlgert Global LLC Increases Holdings in ALLETE, Inc. (NYSE:ALE)Algert Global LLC raised its stake in ALLETE, Inc. (NYSE:ALE - Free Report) by 73.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 71,018 shares of the utilities provider's stock after buying aNovember 25, 2024 | marketbeat.comVictory Capital Management Inc. Lowers Stake in ALLETE, Inc. (NYSE:ALE)Victory Capital Management Inc. lowered its stake in shares of ALLETE, Inc. (NYSE:ALE - Free Report) by 43.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 144,106 shares of the utilities provider's stock after selling 112,659 shares during the period. VNovember 22, 2024 | marketbeat.comAllete subsidiary has fully contracted Armenia Mountain Wind siteNovember 21, 2024 | markets.businessinsider.comALLETE, Inc. (NYSE:ALE) Shares Sold by Segall Bryant & Hamill LLCSegall Bryant & Hamill LLC reduced its position in ALLETE, Inc. (NYSE:ALE - Free Report) by 15.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 308,168 shares of the utilities provider's stock after selling 56,647 shares during the quarter.November 21, 2024 | marketbeat.comAlpine 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, 2024 | marketbeat.comAllete says Armenia Mountain Wind output fully recontractedNovember 19, 2024 | msn.comALLETE Clean Energy has fully recontracted Armenia Mountain WindNovember 19, 2024 | 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, 2024 | 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, 2024 | 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, 2024 | 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.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 URGENT: This Altcoin Opportunity Won’t Wait – Act Now (Ad)Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight. >> Register for the Workshop Now 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▼1.240.68▲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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