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Royce & Associates (CMTL) reports 162,953-share Comtech stake with sole voting power

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Royce & Associates reports beneficial ownership of Comtech Telecommunications Corp. common stock. The firm holds 162,953 shares, representing 0.54% of the outstanding common stock. It has sole voting power and sole dispositive power over all of these shares, with no shared power reported.

The ownership is held on behalf of one or more investment management clients of Royce & Associates, LP, an indirect majority-owned subsidiary of Franklin Resources, Inc. Royce & Associates states that the securities are held in the ordinary course of business, disclaims any pecuniary interest, and indicates the position represents 5% or less of the class.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 162,953 shares Common stock beneficially owned by Royce & Associates
Percent of class 0.54% Portion of Comtech common stock class held by Royce & Associates
Sole voting power 162,953 shares Shares over which Royce & Associates has sole power to vote
Shared voting power 0 shares Shares over which Royce & Associates has shared voting power
Sole dispositive power 162,953 shares Shares over which Royce & Associates has sole power to dispose
beneficial owner regulatory
"may be deemed to be the beneficial owner of the securities reported"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power regulatory
"Sole Voting Power 162,953.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power regulatory
"Sole Dispositive Power 162,953.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
informational barriers regulatory
"internal policies and procedures ... establish informational barriers"
group regulatory
"believes that it is not a "group" with FRI affiliates"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many CMTL shares does Royce & Associates beneficially own?

Royce & Associates beneficially owns 162,953 shares of Comtech Telecommunications Corp. common stock. This stake represents 0.54% of the outstanding class, all held with sole voting and dispositive power on behalf of investment management clients.

What percentage of Comtech (CMTL) does Royce & Associates hold?

Royce & Associates reports holding 0.54% of Comtech Telecommunications Corp.’s common stock. This position is categorized as ownership of 5% or less of the class and is held in the ordinary course of its investment management business.

Does Royce & Associates share voting power over CMTL shares?

No. Royce & Associates reports sole voting power over 162,953 shares and shared voting power of 0. It also has sole dispositive power over the same number of shares, indicating exclusive authority to vote and dispose of these holdings.

Is Royce & Associates part of a group holding Comtech (CMTL) stock?

Royce & Associates states it believes it is not a "group" with Franklin Resources, Inc. affiliates or principal shareholders under Rule 13d-5. Each related entity reports its holdings separately, reflecting independently exercised voting and investment powers.

Who ultimately benefits from Royce & Associates’ CMTL holdings?

The CMTL shares are beneficially owned by investment management clients of Royce & Associates, LP. The firm disclaims any pecuniary interest and explains that the securities are held for these clients under investment management agreements.

Are the CMTL shares held by Royce & Associates for control purposes?

Royce & Associates certifies the securities were acquired and are held in the ordinary course of business. It explicitly states they were not acquired to change or influence control of Comtech Telecommunications Corp. or in connection with any such transaction.





205826209

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



ROYCE & ASSOCIATES LP
Signature:Daniel A. O'Byrne
Name/Title:Vice President
Date:07/28/2026
Exhibit Information

The securities reported herein are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP ("RALP"), an indirect majority owned subsidiary of Franklin Resources, Inc.("FRI"). When an investment management contract (including a sub advisory agreement) delegates to RALP investment discretion or voting power over the securities held in the investment advisory accounts that are subject to that agreement, FRI treats RALP as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, RALP reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment managementagreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from eachother. The voting and investment powers held by RALP are exercised independently from FRI(RALP's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than RALP are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of RALP and FRI affiliates establish informational barriers that prevent the flow between RALP and the FRI affiliates of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") may each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI (see FRI's Proxy Statement-Stock Ownership of Certain Beneficial Owners). However, because RALP exercises voting and investment powers on behalf of its investment management clients independently of FRI affiliates, beneficial ownership of the securities reported by RALP is not attributed to the Principal Shareholders. RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. In addition, the filing of this Schedule 13G on behalf of RALP should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in Rule 13d 3, of any of such securities. Furthermore, RALP believes that it is not a "group" with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d 5 under the Act and that none of them is otherwise required to attribute to any other the beneficial ownership of the securities held by such person or by any persons or entities for whom or for which RALP or the FRI affiliates provide investment management services.