CTS (NYSE:CTS) Hits New 1-Year High - Here's Why

Key Points

• CTS hit a new 52-week high, trading as high as $59.99 (last at $59.01) with the 50-day/200-day moving averages at $51.25 and $47.82 respectively.
• Quarterly results topped estimates: CTS reported $0.62 EPS vs. $0.52 expected and $139.23M revenue vs. $136.83M, and set FY2026 guidance of $2.35–$2.45 EPS (consensus ~2.43).
• Analyst and institutional picture is mixed: Wall Street Zen upgraded to a "strong-buy" while the consensus remains "Hold," and institutional investors own about 96.87% of the stock.

Shares of CTS Corporation (NYSE:CTS - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $59.99 and last traded at $59.0070, with a volume of 7244 shares changing hands. The stock had previously closed at $58.07.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wall Street Zen raised shares of CTS from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of CTS in a research note on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

CTS Trading Up 1.5%

The company has a market cap of $1.69 billion, a price-to-earnings ratio of 25.19, a price-to-earnings-growth ratio of 1.45 and a beta of 1.01. The company's fifty day moving average price is $51.25 and its two-hundred day moving average price is $47.82. The company has a quick ratio of 1.98, a current ratio of 2.52 and a debt-to-equity ratio of 0.11.

CTS (NYSE:CTS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The electronics maker reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.10. The company had revenue of $139.23 million during 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. Research analysts expect that CTS Corporation will post 2.43 earnings per share for the current year.

CTS Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors 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 dividend payout ratio (DPR) is currently 6.84%.

Institutional Trading of CTS

A number of hedge funds and other institutional investors have recently modified their holdings of CTS. Tudor Investment Corp ET AL grew its holdings in CTS by 103.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 85,266 shares of the electronics maker's stock worth $3,406,000 after acquiring an additional 43,341 shares during the period. SG Americas Securities LLC grew its holdings in CTS by 357.2% during the 3rd quarter. SG Americas Securities LLC now owns 31,571 shares of the electronics maker's stock worth $1,261,000 after acquiring an additional 24,666 shares during the period. Seizert Capital Partners LLC acquired a new stake in CTS during the 4th quarter worth $2,202,000. Horizon Investments LLC grew its holdings in CTS by 4.7% during the 4th quarter. Horizon Investments LLC now owns 14,084 shares of the electronics maker's stock worth $604,000 after acquiring an additional 631 shares during the period. Finally, Entropy Technologies LP acquired a new stake in CTS during the 3rd quarter worth $341,000. Institutional investors and hedge funds own 96.87% of the company's stock.

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.

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