Entropy Technologies LP Invests $387,000 in CTS Corporation $CTS

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

A number of other institutional investors have also recently made changes to their positions in CTS. Parallel Advisors LLC grew its position in shares of CTS by 308.5% during the first quarter. Parallel Advisors LLC now owns 1,401 shares of the electronics maker’s stock worth $67,000 after buying an additional 1,058 shares in the last quarter. Royal Bank of Canada increased its stake in shares of CTS by 11.2% during the first quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock worth $292,000 after buying an additional 710 shares during the period. Captrust Financial Advisors raised its holdings in CTS by 12.1% in the second quarter. Captrust Financial Advisors now owns 8,113 shares of the electronics maker’s stock valued at $346,000 after acquiring an additional 876 shares in the last quarter. AQR Capital Management LLC raised its holdings in CTS by 19.4% in the first quarter. AQR Capital Management LLC now owns 9,576 shares of the electronics maker’s stock valued at $398,000 after acquiring an additional 1,558 shares in the last quarter. Finally, Amundi raised its holdings in CTS by 9.7% in the first quarter. Amundi now owns 11,542 shares of the electronics maker’s stock valued at $480,000 after acquiring an additional 1,019 shares in the last quarter. 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.

Analysts Set New Price Targets

A number of brokerages recently commented on CTS. Zacks Research downgraded shares of CTS from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings upgraded CTS from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on CTS

CTS Trading Up 1.9%

NYSE CTS opened at $62.71 on Friday. The firm’s fifty day moving average is $63.34 and its two-hundred day moving average is $56.42. CTS Corporation has a one year low of $36.03 and a one year high of $69.55. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.98 and a current ratio of 2.61. The firm has a market cap of $1.79 billion, a PE ratio of 26.35, a P/E/G ratio of 1.41 and a beta of 1.04.

CTS (NYSE:CTSGet Free Report) last released its earnings results on Tuesday, July 28th. The electronics maker reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.13. The business had revenue of $144.78 million for the quarter, compared to analyst estimates of $143.43 million. CTS had a return on equity of 13.48% and a net margin of 12.37%.During the same quarter in the previous year, the company posted $0.62 earnings per share. CTS has set its FY 2026 guidance at 2.550-2.700 EPS. Analysts expect that CTS Corporation will post 2.72 earnings per share for the current year.

CTS Announces Dividend

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

CTS Profile

(Free Report)

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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Institutional Ownership by Quarter for CTS (NYSE:CTS)

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