ALLETE, Inc.

ALLETE, Inc.

ALE·NYSE

$67.90

+0.0000%
UtilitiesDiversified Utilities

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.

At a Glance

Live Snapshot
Market Cap$3.94B
EPS3.1074
P/E Ratio21.85
Earnings Date02/11/2026
2.39%
Return on Invested Capital
-2%
3Y-22.0%
5Y-33.0%
10Y-38.0%
6.30%
Return on Equity
-28%
3Y-10.0%
5Y-24.0%
10Y-19.0%
2.65%
Return on Assets
-28%
3Y+1.0%
5Y-22.0%
10Y-8.0%
ALLETE, Inc.

ALLETE, Inc. Management Team

ALE · NYSE
MB

Ms. Bethany M. Owen

Chair, Chief Executive Officer & President

Compensation

$2,339,603

Born 1966(Age 60)
female
AR

Amy Rutledge

Director of Corporate Communications

MJ

Mr. Josh Kunkel

President & Chief Executive Officer of New Energy Equity

male
MM

Mr. Matthew Hankey

President & Chief Executive Officer of New Energy Equity & Emerging Technologies Officer

male
MR

Mr. Rob Sandstrom

President of Superior Water, Light & Power

male
MS

Mr. Steven Wayne Morris

Senior Vice President

Compensation

$1,025,514

Born 1962(Age 64)
male
MJ

Mr. Joshua J. Skelton

Vice President & Chief Operating Officer of Minnesota Power

Compensation

$690,356

Born 1980(Age 46)
male
MN

Ms. Nicole Renee Johnson

Vice President & President of Allete Clean Energy

Compensation

$704,244

Born 1975(Age 51)
female
MV

Mr. Vincent J. Meyer

Vice President of Investor Relations

male
MC

Mr. Colin Bradley Anderson CPA

Vice President, Chief Accounting Officer & Controller

Born 1976(Age 50)
male
MJ

Mr. Jeffrey J. Scissons

Vice President, Chief Financial Officer & Corporate Treasurer

Compensation

$547,217

Born 1977(Age 49)
male
MJ

Mr. Jeffrey J. Scissons

Vice President, Chief Financial Officer & Treasurer

Compensation

$547,217

Born 1977(Age 49)
male
ale

ALLETE, Inc. Insider Positioning

ALE · NYSE

During the last 12 months, there has been no insider trading activity reported for ALE.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

SEC Filings

ALE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2025

N/A

March 31, 2025
May 13, 2025
2025
DEF 14A

DEF 14A 2024

N/A

March 28, 2024
March 28, 2024
2024
DEF 14A

DEF 14A

N/A

March 23, 2023
March 23, 2023
 
DEF 14A

DEF 14A 2022

N/A

March 24, 2022
March 24, 2022
2022
DEF 14A

DEF 14A 2021

N/A

March 25, 2021
March 25, 2021
2021
DEF 14A

DEF 14A 2020

N/A

March 18, 2020
May 12, 2020
2020
DEF 14A

DEF 14A 2019

N/A

March 28, 2019
May 14, 2019
2019
DEF 14A

DEF 14A 2018

N/A

March 22, 2018
May 08, 2018
2018
DEF 14A

DEF 14A 2017

N/A

March 23, 2017
May 09, 2017
2017
DEF 14A

DEF 14A 2016

N/A

March 22, 2016
March 22, 2016
2016
Showing 1 to 10 of 31 filings