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ALE

ALLETE, Inc.
1W: +0.4% 1M: +0.6% 3M: +7.9% 1Y: +8.3% 3Y: +19.0% 5Y: +41.9%
$67.90
Last traded 2025-12-12 — delisted
NYSE · Utilities · Diversified Utilities · $3.9B
Smart Money Score
Watch 0
Insider
Congress
ETF Holdings
Key Statistics
Market Cap$3.9B
52W Range62.38-67.99
Volume3,606,037
Avg Volume822,064
Beta0.82
Dividend$2.19
Analyst Ratings
3 Buy 12 Hold 1 Sell
Consensus Hold
Company Info
CEOBethany Owen
Employees1,595
SectorUtilities
IndustryDiversified Utilities
IPO Date1973-05-03
Websiteallete.com
30 West Superior Street
Duluth, MN 55802-2093
US
218 279 5000
About ALLETE, Inc.

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Latest News
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Recent Insider Trades

NameTypeSharesPriceDate
Thomas Charlene A D-Return 8,311 $67.00 2025-12-15
POWERS ROBERT P D-Return 15,381 $67.00 2025-12-15
NICK BARBARA A D-Return 13,631 $67.00 2025-12-15
Neve Douglas C D-Return 11,592 $67.00 2025-12-15
NESTEGARD SUSAN K D-Return 14,884 $67.00 2025-12-15

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