Tudor Investment Corp ET AL Has $3.41 Million Holdings in CTS Corporation $CTS

Tudor Investment Corp ET AL boosted its stake in CTS Corporation (NYSE:CTS) by 103.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,266 shares of the electronics maker’s stock after purchasing an additional 43,341 shares during the quarter. Tudor Investment Corp ET AL owned about 0.29% of CTS worth $3,406,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Horizon Investments LLC increased its stake in shares of CTS by 14.0% in the 3rd quarter. Horizon Investments LLC now owns 13,453 shares of the electronics maker’s stock valued at $537,000 after acquiring an additional 1,653 shares during the last quarter. Entropy Technologies LP acquired a new position in CTS during the third quarter valued at approximately $341,000. SG Americas Securities LLC grew its holdings in CTS by 357.2% during the third quarter. SG Americas Securities LLC now owns 31,571 shares of the electronics maker’s stock valued at $1,261,000 after purchasing an additional 24,666 shares during the period. Captrust Financial Advisors increased its stake 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 purchasing an additional 876 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in CTS by 4.3% in the second quarter. Lazard Asset Management LLC now owns 31,664 shares of the electronics maker’s stock worth $1,349,000 after purchasing an additional 1,299 shares during the period. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CTS shares. Weiss Ratings reissued a “hold (c)” rating on shares of CTS in a report on Wednesday, January 21st. Wall Street Zen upgraded CTS from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, CTS currently has an average rating of “Hold”.

CTS Stock Performance

Shares of CTS stock opened at $48.76 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.82 and a current ratio of 2.30. CTS Corporation has a 52 week low of $34.02 and a 52 week high of $59.66. The company’s 50 day moving average price is $51.30 and its two-hundred day moving average price is $45.40. The company has a market capitalization of $1.40 billion, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 1.31 and a beta of 0.88.

CTS (NYSE:CTS) last released its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02. CTS had a net margin of 12.07% and a return on equity of 12.14%. The company had revenue of $137.27 million during the quarter, compared to analysts’ expectations of $135.86 million. CTS has set its FY 2026 guidance at 2.300-2.450 EPS. On average, analysts expect that CTS Corporation will post 2.28 earnings per share for the current fiscal year.

CTS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, March 27th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Friday, March 27th. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. CTS’s dividend payout ratio is presently 7.31%.

CTS 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.