The Elmet Group (ELMT)
Supplies precision-engineered components and high-energy systems through two industrial divisions.
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Supplies precision-engineered components and high-energy systems through its Critical Materials Components and Engineered Microwave Products divisions. The recently listed holding company combines materials expertise with high-power microwave capabilities for aerospace, defense, industrial, medical, semiconductor, electronics, and energy customers.
Critical Materials Components and Engineered Microwave Products form the operating platform. Together they provide precision-engineered components and advanced high-energy systems for aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy markets. The divisions serve interconnected markets where demanding performance requirements shape component and system design in extreme environments.
The listed parent was incorporated in 2024 to own Elmet Technologies and Microwave Techniques, becoming their parent after a later reorganization. Its operating identity rests on engineering capability for extreme environments and stringent performance requirements, linking materials components with high-power microwave systems.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Needham | Reiterate | Rating: —Target: $21 | Target: $25 |
| Aug 17, 2026 | Canaccord Genuity | Reiterate | Rating: —Target: $20 | Target: $21 |
| May 18, 2026 | Needham | Target | Target: — | Target: $21 |
| May 18, 2026 | Cantor Fitzgerald | Target | Target: — | Target: $20 |
| May 18, 2026 | Canaccord Genuity | Target | Target: — | Target: $20 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 3, 2026Cash & short-term investments $71.0M · Total debt $22.8M · Total assets $284.2M · Shareholders' equity $187.5M
- Revenue
- $66.4M
- Operating income
- −$7.6M
- Net income
- −$4.5M
No dividends on record.
| Institutions | 38.11% | 11.61M shares | |
|---|---|---|---|
| 83 holders · as of Jun 30, 2026 | |||
| Insiders | 62.23% | 18.95M shares | |
| 15 holders · as of Jun 10, 2026 | |||
| Adds to | 100.34% | ||
30.46M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 100.34%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Peter V. Anania1Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 35.47% | 10.80M | filed Apr 29, 2026 |
George P. SchottInsider10 percent owner | 16.74% | 5.10M | filed May 4, 2026 |
Needham Investment Management LLCInstitution | 8.67% | 2.64M | as of Jun 30, 2026 |
Scott W. KnollInsiderdirector, officer: Executive Vice President | 5.21% | 1.59M | filed May 22, 2026 |
Wasatch Advisors LPInstitution | 4.00% | 1.22M | as of Jun 30, 2026 |
- Peter V. Anania's transaction reports restate only vehicles that traded; the 2026 ownership statement (10.80M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 22, 2026 | Kimberly Monzeglio Anania | director | +7,000 | $14.00 |
| Apr 22, 2026 | Kathie Merrill Leonard | director | +5,000 | $14.00 |
- Teledyne Technologies
High-power microwave and RF subsystems for defense and industry
- Kratos Defense & Security Solutions
Microwave electronics for radar, missile defense and space systems
- L3Harris Technologies
RF transmitters and radar and electronic-warfare systems
- MACOM Technology Solutions
High-power RF and microwave amplifiers for defense and industry
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| The Elmet Group | $22.85 | +4.65% | $654.5M | — | 40.1 | 2.9 | — |
| Teledyne Technologies | $607.58 | −0.25% | $28.23B | 29.4 | 23.8 | 4.4 | +9.8% |
| Kratos Defense & Security Solutions | $46.02 | −5.29% | $9.11B | 285.2 | 49.0 | 6.0 | +30.5% |
| L3Harris Technologies | $240.10 | −2.77% | $45.98B | 24.9 | 19.4 | 2.0 | +8.4% |
| MACOM Technology Solutions | $280.89 | +0.64% | $21.29B | 89.7 | 34.0 | 18.3 | +35.8% |
| Median | 59.6 | 28.9 | 5.2 | +20.2% |