CTS (NYSE:CTS) Downgraded to “Hold” Rating by Wall Street Zen

Posted by Brian Himes on Sep 20th, 2026

Wall Street Zen lowered shares of CTS (NYSE:CTS – Free Report) from a buy rating to a hold rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Several other research analysts have also recently weighed in on the stock. Barrington Research began coverage on shares of CTS in a report on Thursday, September 10th. They issued an “outperform” rating and a $80.00 price target on the stock. Zacks Research downgraded CTS from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings lowered CTS from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Finally, Lake Street Capital initiated coverage on CTS in a research note on Wednesday, September 2nd. They set a “buy” rating and a $67.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, CTS currently has an average rating of “Moderate Buy” and an average target price of $73.50.

Read Our Latest Analysis on CTS

CTS Stock Performance

Shares of CTS stock opened at $58.31 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.61 and a quick ratio of 2.07. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 24.50, a price-to-earnings-growth ratio of 1.37 and a beta of 1.03. The stock’s 50-day moving average is $59.94 and its 200-day moving average is $58.24. CTS has a one year low of $36.03 and a one year high of $69.55.

CTS (NYSE:CTS – Get Free Report) last announced 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. CTS had a return on equity of 13.48% and a net margin of 12.37%.The business had revenue of $144.78 million for the quarter, compared to analyst estimates of $143.43 million. During the same quarter last year, the firm earned $0.62 EPS. CTS has set its FY 2026 guidance at 2.550-2.700 EPS. Equities analysts predict that CTS will post 2.66 earnings per share for the current fiscal year.

CTS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, September 25th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 25th. CTS’s payout ratio is 6.72%.

Institutional Investors Weigh In On CTS

A number of large investors have recently bought and sold shares of CTS. BlackRock Inc. bought a new position in CTS in the 2nd quarter valued at about $293,472,000. Bank of New York Mellon Corp bought a new stake in shares of CTS during the 2nd quarter worth approximately $14,716,000. Jupiter Topco LLC bought a new stake in shares of CTS during the 2nd quarter worth approximately $11,762,000. Bank of America Corp DE bought a new stake in shares of CTS during the 2nd quarter worth approximately $9,746,000. Finally, Heartland Advisors Inc. acquired a new stake in shares of CTS during the 2nd quarter worth approximately $7,034,000. 96.87% of the stock is currently owned by institutional investors and hedge funds.

CTS Company Profile

(Get Free Report)

CTS Corporation (NYSE: CTS) designs and manufactures sensors, actuators, electronic components and assemblies used in a range of industrial and commercial applications. Its products include pressure, temperature and position sensors; piezoelectric and other actuators; switches; electronic controls; frequency-control products; and custom-engineered assemblies.

The company serves customers in the transportation, aerospace and defense, industrial, medical and communications markets. CTS products are used in applications such as vehicle systems, industrial automation, medical equipment, aerospace systems and other products that require sensing, control, switching or electronic connectivity.

CTS traces its history to 1896, when it was established as Chicago Telephone Supply.