133,738 Shares in Elmet Group Co. $ELMT Bought by State Street Corp

State Street Corp. recently acquired 133,738 shares of Elmet Group Co. (NASDAQ: ELMT) for approximately $2.64 million, representing about 0.44% of the company. Other institutional investors like Wellington Management, AWM Investment, and Squarepoint Ops also established new positions. Analysts maintain a "Moderate Buy" rating for Elmet Group with an average price target of $23, following the company's strong Q2 earnings, which beat expectations and showed significant revenue growth.