Short Interest in CTS Corporation (NYSE:CTS) Rises By 19.6%

CTS Corporation (NYSE:CTS) was the recipient 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 company’s stock are short sold. Based on an average daily volume of 189,352 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. State of Tennessee Department of Treasury increased its holdings in shares of CTS by 21.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 26,233 shares of the electronics maker’s stock valued at $1,125,000 after purchasing an additional 4,658 shares during the period. Seizert Capital Partners LLC acquired a new position in shares of CTS in the fourth quarter valued at approximately $2,202,000. Horizon Investments LLC increased its holdings in shares of CTS by 4.7% in the fourth quarter. Horizon Investments LLC now owns 14,084 shares of the electronics maker’s stock valued at $604,000 after purchasing an additional 631 shares during the period. Tudor Investment Corp ET AL increased its holdings in shares of CTS by 103.4% in the third quarter. Tudor Investment Corp ET AL now owns 85,266 shares of the electronics maker’s stock valued at $3,406,000 after purchasing an additional 43,341 shares during the period. Finally, Entropy Technologies LP acquired a new position in shares of CTS in the third quarter valued at approximately $341,000. Institutional investors and hedge funds own 96.87% of the company’s stock.

CTS Stock Performance

Shares of NYSE:CTS traded down $0.19 during trading on Friday, reaching $56.91. The company had a trading volume of 264,790 shares, compared to its average volume of 214,812. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 24.32, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.52 and a quick ratio of 1.82. The stock’s fifty day moving average price is $51.16 and its 200 day moving average price is $47.54. CTS has a fifty-two week low of $36.03 and a fifty-two week high of $59.66.

CTS (NYSE:CTS) last released its earnings results on Wednesday, April 29th. The electronics maker reported $0.62 earnings per share (EPS) for the quarter, beating 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 return on equity of 12.90% and a net margin of 12.46%.CTS has set its FY 2026 guidance at 2.350-2.450 EPS. As a group, equities research analysts predict that CTS will post 2.43 EPS for the current year.

CTS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, March 27th were issued a $0.04 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.3%. CTS’s payout ratio is presently 6.84%.

CTS News Roundup

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)

Analysts Set New Price Targets

CTS has been the subject of several recent analyst reports. Wall Street Zen upgraded 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 research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, CTS currently has an average rating of “Hold”.

About CTS

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.