ALLETE (ALE) News Today $64.88 0.00 (0.00%) (As of 11/29/2024 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 December 2021 Time Period Glazer 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 at 6:41 AM | 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 at 3:28 AM | marketbeat.comALLETE (NYSE:ALE) Coverage Initiated by Analysts at StockNews.comStockNews.com started coverage on shares of ALLETE in a report on Sunday. They issued a "hold" rating on the stock.December 1 at 3:16 AM | 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 at 3:36 AM | 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 at 4:55 AM | 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.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 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.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 TODAY ONLY: Nvidia’s Silent Partners Revealed (Ad)Thanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern. Today only, the 2025 AI Blueprint has been revealed … 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▼1.120.50▲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▼64▲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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