Elmet Group shares are trading higher after the company announced it has been awarded a contract valued at ~$36 million by the DLA to supply molybdenum and tungsten alloys and precision wire to the U.S. National Defense Stockpile.

The Elmet Group Co. Schedules Third Quarter 2026 Financial Results Conference Call

The Elmet Group Co. will host a conference call on November 10, 2026, to discuss its financial performance for the third quarter ended October 2, 2026.

Cantor Fitzgerald Maintains Overweight Rating on The Elmet Group

Cantor Fitzgerald has reaffirmed its Overweight rating on The Elmet Group Co.

8-K filing — Elmet Group Co. (ELMT)

Filed: 2026-10-21 AccNo: 0001213900-26-111199 Size: 1 MB Item 1.01: Entry into a Material Definitive Agreement Item 5.07: Submission of Matters to a Vote of Security Holders Item 9.01: Financial Statements and Exhibits

Shares of machinery-related companies are trading lower as rising oil prices and stronger-than-expected inflation data have reinforced expectations that U.S. interest rates will remain elevated. Elevated borrowing costs could pressure capital spending and reduce demand for heavy equipment and other large industrial purchases.

Needham Maintains Buy on The Elmet Group, Raises Price Target to $28

Needham analyst James Ricchiuti maintains The Elmet Group (NASDAQ:ELMT) with a Buy and raises the price target from $25 to $28.

The Elmet Group shares are trading higher after Canaccord Genuity raised its price target on the stock from $21 to $26.