CTS Corporation $CTS Shares Newly Acquired by Bokf Na

Bokf Na purchased a new position in CTS Corporation (NYSE:CTS – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 12,568 shares of the electronics maker’s stock, valued at approximately $738,000.

Several other large investors also recently added to or reduced their stakes in CTS. Bank of America Corp DE bought a new stake in shares of CTS in the 2nd quarter valued at approximately $9,746,000. Deutsche Bank AG purchased a new position in shares of CTS in the 2nd quarter worth approximately $2,374,000. Old West Investment Management LLC purchased a new position in shares of CTS in the 2nd quarter worth approximately $2,204,000. Legal & General Group Plc purchased a new position in shares of CTS in the 2nd quarter worth approximately $4,118,000. Finally, Jupiter Topco LLC bought a new position in shares of CTS during the 2nd quarter valued at approximately $11,762,000. 96.87% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on CTS. Wall Street Zen raised CTS from a “hold” rating to a “buy” rating in a research report on Sunday, September 27th. Weiss Ratings upgraded CTS from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Barrington Research started coverage on CTS in a research report on Thursday, September 10th. They issued an “outperform” rating and a $80.00 price target for the company. Finally, Lake Street Capital began coverage on shares of CTS in a research note on Wednesday, September 2nd. They set a “buy” rating and a $67.00 price objective for the company. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $73.50.

Read Our Latest Research Report on CTS

CTS Stock Performance

CTS stock opened at $61.31 on Monday. CTS Corporation has a twelve month low of $40.15 and a twelve month high of $69.55. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 1.37 and a beta of 0.99. The business’s fifty day simple moving average is $57.61 and its two-hundred day simple moving average is $57.28. The company has a quick ratio of 2.10, a current ratio of 2.59 and a debt-to-equity ratio of 0.09.

CTS (NYSE:CTS – Get Free Report) last issued its earnings results on Tuesday, October 27th. The electronics maker reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.12. The firm had revenue of $149.58 million during the quarter, compared to analyst estimates of $145.95 million. CTS had a net margin of 12.94% and a return on equity of 14.05%. Analysts predict that CTS Corporation will post 2.80 earnings per share for the current year.

CTS Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, September 25th were issued a dividend of $0.04 per share. The ex-dividend date was Friday, September 25th. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. CTS’s dividend payout ratio (DPR) is presently 6.32%.

Key Headlines Impacting CTS

Here are the key news stories impacting CTS this week:

  • Positive Sentiment: CTS reported quarterly adjusted EPS of $0.77, exceeding the $0.65 analyst consensus, while revenue of $149.6 million also topped expectations of approximately $146.0 million. The results indicate continued operating momentum for the electronics maker. CTS Shares Gap Up on Strong Earnings
  • Positive Sentiment: Management updated its fiscal 2026 outlook and outlined five-year financial targets, giving investors greater visibility into expected growth and profitability. The longer-term targets may support the investment case if CTS can execute successfully. CTS Corporation Updates Guidance and Five-Year Targets
  • Positive Sentiment: Sidoti raised its fiscal 2026 EPS forecast to $2.82 from $2.68 and increased its fiscal 2027 estimate to $3.06 from $2.96. The firm also lifted estimates for the fourth quarter of 2026 and the first three quarters of 2027, suggesting improved near-term earnings expectations.
  • Neutral Sentiment: CTS’s earnings presentation provides additional detail on the third-quarter performance, updated outlook and strategic priorities. Investors will focus on whether the company’s targets translate into accelerating sales and margin growth. CTS Corporation 2026 Q3 Results Earnings Call Presentation
  • Negative Sentiment: Sidoti reduced its fourth-quarter 2027 EPS estimate to $0.72 from $0.83, indicating that analysts see some potential unevenness in the earnings trajectory despite higher estimates for other periods.
  • Negative Sentiment: After the initial earnings-driven advance, the shares have decreased, potentially reflecting profit-taking and concerns that the stock’s valuation—around 24 times earnings—already prices in much of the improved outlook. A comparison with technology peers also suggests investors are assessing whether CTS can continue outperforming its sector. CTS Stock Performance Versus Peers

CTS Company Profile

(Free Report)

CTS Corporation (NYSE: CTS) is a designer and manufacturer of sensors, actuators, and electronic components for original equipment manufacturers and industrial customers. The company develops custom-engineered solutions that help measure, control, and manage electrical and mechanical functions in a range of products and systems.

Its offerings include position, pressure, temperature, and motion sensors; piezoelectric and electronic components; switches, controls, and actuators; and other sensing and mechatronic products.

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Institutional Ownership by Quarter for CTS (NYSE:CTS)

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