Short Interest in CTS Corporation (NYSE:CTS) Declines By 23.0%

18 Jan 2026, 19:34 by Jessica Moore · The Cerbat Gem

CTS Corporation (NYSE:CTS – Get Free Report) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 419,350 shares, a decline of 23.0% from the December 15th total of 544,417 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily volume of 207,967 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 207,967 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CTS. Royal Bank of Canada boosted its position in CTS by 11.2% during the 1st quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock valued at $292,000 after buying an additional 710 shares during the period. SG Americas Securities LLC raised its stake in shares of CTS by 90.9% during the second quarter. SG Americas Securities LLC now owns 6,905 shares of the electronics maker’s stock valued at $294,000 after acquiring an additional 3,287 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of CTS in the third quarter worth about $341,000. Captrust Financial Advisors increased its holdings in CTS by 12.1% during 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 during the period. Finally, AQR Capital Management LLC raised its position in CTS by 19.4% during 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 during the last quarter. 96.87% of the stock is owned by hedge funds and other institutional investors.

CTS Price Performance

NYSE:CTS traded down $0.06 during mid-day trading on Friday, reaching $48.34. The stock had a trading volume of 130,364 shares, compared to its average volume of 143,293. The stock has a market capitalization of $1.40 billion, a P/E ratio of 24.54, a P/E/G ratio of 1.26 and a beta of 0.91. The firm has a 50 day moving average price of $43.84 and a two-hundred day moving average price of $42.06. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.12 and a current ratio of 2.64. CTS has a one year low of $34.02 and a one year high of $53.28.

CTS (NYSE:CTS – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The electronics maker reported $0.60 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.01). CTS had a return on equity of 11.92% and a net margin of 11.14%.The business had revenue of $142.97 million for the quarter, compared to analysts’ expectations of $136.40 million. CTS has set its FY 2025 guidance at 2.200-2.250 EPS. As a group, analysts expect that CTS will post 2.28 earnings per share for the current year.

CTS declared that its Board of Directors has approved a share buyback program on Friday, November 7th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the electronics maker to purchase up to 8.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

CTS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, December 26th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, December 26th. CTS’s dividend payout ratio (DPR) is presently 8.12%.

Analysts Set New Price Targets

A number of research firms have recently commented on CTS. Weiss Ratings restated a “hold (c)” rating on shares of CTS in a research report on Wednesday, October 8th. Wall Street Zen cut shares of CTS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 4th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on CTS

CTS Company Profile

(Get 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.