Entropy Technologies LP Buys New Position in CTS Corporation $CTS

Entropy Technologies LP acquired a new stake in shares of CTS Corporation (NYSE:CTS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,111 shares of the electronics maker’s stock, valued at approximately $387,000.

A number of other hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC grew its position in CTS by 308.5% during the first quarter. Parallel Advisors LLC now owns 1,401 shares of the electronics maker’s stock valued at $67,000 after acquiring an additional 1,058 shares during the period. Royal Bank of Canada raised its holdings in shares of CTS by 11.2% in the 1st quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock worth $292,000 after purchasing an additional 710 shares during the period. Captrust Financial Advisors lifted its stake in shares of CTS by 12.1% in the 2nd quarter. Captrust Financial Advisors now owns 8,113 shares of the electronics maker’s stock valued at $346,000 after purchasing an additional 876 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of CTS by 19.4% in 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 in the last quarter. Finally, Amundi grew its holdings in shares of CTS by 9.7% during the 1st quarter. Amundi now owns 11,542 shares of the electronics maker’s stock worth $480,000 after purchasing an additional 1,019 shares during the period. Institutional investors and hedge funds own 96.87% of the company’s stock.

CTS News Summary

Here are the key news stories impacting CTS this week:

• Positive Sentiment: Q2 earnings beat expectations: CTS reported adjusted EPS of $0.74 versus the $0.61 consensus estimate, while revenue of $144.8 million also exceeded expectations of $143.4 million. EPS increased from $0.62 in the year-earlier quarter. CTS Posts Better-Than-Expected Sales in Q2 CY2026
• Positive Sentiment: Outlook improved: CTS raised its 2026 sales outlook to $565 million-$585 million and maintained adjusted EPS guidance of $2.55-$2.70. The earnings call also emphasized record margins, diversified end-market demand and strategic wins, supporting expectations for continued performance. CTS Corp Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analyst estimates rose: Sidoti increased its FY2026 EPS forecast to $2.72 from $2.43, raised its Q3 2026 estimate to $0.68 from $0.65, and lifted its FY2027 forecast to $2.98 from $2.89. The higher estimates indicate improving confidence in CTS’s earnings trajectory. Sidoti estimate changes for CTS
• Positive Sentiment: Positive earnings sentiment broadened: Zacks upgraded CTS to Rank #2, or “Buy,” citing growing optimism about the company’s earnings prospects. CTS Upgraded to Buy by Zacks
• Neutral Sentiment: Sidoti made mixed quarterly revisions, including a small reduction in its Q3 2027 EPS forecast to $0.69 from $0.71, although its broader 2026-27 outlook improved.

Wall Street Analysts Forecast Growth

CTS has been the subject of several recent research reports. Weiss Ratings raised shares of CTS from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Zacks Research lowered shares of CTS from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

CTS Stock Up 1.9%

CTS stock opened at $62.71 on Friday. CTS Corporation has a twelve month low of $36.03 and a twelve month high of $69.55. The company has a current ratio of 2.61, a quick ratio of 1.98 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $1.79 billion, a P/E ratio of 26.35, a PEG ratio of 1.41 and a beta of 1.04. The firm has a 50 day simple moving average of $63.34 and a 200-day simple moving average of $56.42.

CTS (NYSE:CTS) last posted its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.13. The business had revenue of $144.78 million during the quarter, compared to the consensus estimate of $143.43 million. CTS had a return on equity of 13.48% and a net margin of 12.37%.During the same period last year, the firm earned $0.62 earnings per share. CTS has set its FY 2026 guidance at 2.550-2.700 EPS. On average, equities research analysts predict that CTS Corporation will post 2.72 earnings per share for the current fiscal year.

CTS Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, June 26th were given a $0.04 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.16 annualized dividend and a yield of 0.3%. CTS’s dividend payout ratio (DPR) is currently 6.72%.

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.