CTS Corporation (NYSE:CTS) Short Interest Up 19.6% in April

CTS Corporation (NYSE:CTS) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 638,714 shares, an increase of 19.6% from the March 31st total of 534,166 shares. Currently, 2.3% of the shares of the company are sold short. Based on an average daily volume of 189,352 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in shares of CTS by 11.2% during the 1st quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock worth $292,000 after acquiring an additional 710 shares during the last quarter. Amundi increased its position in shares of CTS by 9.7% during the 1st quarter. Amundi now owns 11,542 shares of the electronics maker’s stock valued at $480,000 after purchasing an additional 1,019 shares during the last quarter. AQR Capital Management LLC increased its position in shares of CTS by 19.4% during the 1st quarter. AQR Capital Management LLC now owns 9,576 shares of the electronics maker’s stock valued at $398,000 after purchasing an additional 1,558 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of CTS by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,904 shares of the electronics maker’s stock valued at $744,000 after purchasing an additional 785 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of CTS by 11.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,298 shares of the electronics maker’s stock worth $2,921,000 after acquiring an additional 7,144 shares during the last quarter. 96.87% of the stock is currently owned by institutional investors.

CTS Price Performance

NYSE CTS traded down $0.19 during trading hours on Friday, hitting $56.91. The company had a trading volume of 264,790 shares, compared to its average volume of 214,812. The firm has a 50 day simple moving average of $51.16 and a 200 day simple moving average of $47.54. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.82 and a current ratio of 2.52. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 1.47 and a beta of 0.93. CTS has a 52 week low of $36.03 and a 52 week high of $59.66.

CTS (NYSE:CTS) last posted its earnings results on Wednesday, April 29th. The electronics maker reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.10. The business had revenue of $139.23 million for the quarter, compared to analyst estimates of $136.83 million. CTS had a net margin of 12.46% and a return on equity of 12.90%. CTS has set its FY 2026 guidance at 2.350-2.450 EPS. Equities research analysts expect that CTS will post 2.43 earnings per share for the current year.

CTS Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Friday, March 27th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.16 annualized dividend and a yield of 0.3%. CTS’s dividend payout ratio (DPR) is currently 6.84%.

Analyst Ratings Changes

A number of research analysts recently weighed in on CTS shares. Wall Street Zen upgraded shares of CTS from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CTS in a report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Key CTS News

Here are the key news stories impacting CTS this week:

• Positive Sentiment: CTS reported a Q1 beat and narrowed its full-year outlook — management posted Q1 revenue and EPS above consensus and set FY2026 guidance of $560M–$580M in sales and $2.35–$2.45 adjusted EPS, citing broad-based growth in diversified markets; that beat-and-guide combination is a primary bullish driver behind today’s activity. CTS Delivers Strong Q1 2026 Results, Narrows Guidance CTS outlines 2026 guidance
• Positive Sentiment: Sidoti has raised its FY2026 and FY2027 EPS forecasts (FY2026 to $2.43 and FY2027 to $2.89), signaling confidence in CTS’s multi-year trajectory and supporting a higher forward earnings outlook. Sidoti analyst revisions (source)
• Neutral Sentiment: The company’s earnings-slide presentation and full transcript are available for investors who want detail on revenue drivers, margin performance and segment commentary — useful for modeling but not new headline news. Earnings presentation Earnings call transcript
• Neutral Sentiment: Coverage pieces (e.g., Kalkine) are flagging the beat and guidance as reasons to watch CTS but generally summarize the same results; they may draw retail attention but add limited new information. Is CTS Worth Watching
• Negative Sentiment: Sidoti’s note also contains several near-term downward revisions to quarterly EPS (notably Q4 2026 cut from $0.63 to $0.56 and Q1 2027 trimmed), which injects some near-term uncertainty despite higher full?year numbers — this mix of cuts and raises helps explain intraday selling pressure. Sidoti quarter-by-quarter revisions (source)

CTS Company Profile

CTS Corporation (NYSE:CTS) is a global manufacturer and supplier of electronic components and sensors, headquartered in Lisle, Illinois. Established in 1896 as the Chicago Telephone Supply Company, the firm has evolved over more than a century to become a diversified provider of high-precision products for a wide range of end markets.

The company’s core business encompasses the design, development and production of sensors and actuators, frequency control devices such as quartz crystals and filters, multilayer ceramic capacitors, and inductive components.