CTS Corporation (CTS)

Over the past six months, CTS Corp.'s stock price has decreased. Key events include the Q3 2025 earnings announcement, which reported increased sales but slightly below-expected EPS, a dividend declaration and share repurchase program, the appointment of Pratik Trivedi as COO, the appointment of Kimberly Banks MacKay to the Board of Directors, and participation in the Needham Growth Conference.

CTS Corporation is working to reduce its dependence on the cyclical transportation market through diversification. While the transportation segment has been significant, CTS is focusing on the aerospace and defense, industrial, and medical sectors. The SyQwest acquisition introduces seasonality, as its revenue is dependent on U.S. government funding approvals. CTS's diversification strategy aims to mitigate cyclical effects by expanding into less cyclical and higher-growth markets.

CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators, operating in the Electronic Technology sector. Established in 1896, it serves OEMs and suppliers in aerospace and defense, industrial, medical, and transportation markets. CTS categorizes its devices by function: Sense, Connect, and Move. The company is diversifying its business to reduce reliance on cyclical transportation markets.

CTS Corporation has a global presence with facilities in North America, Europe, and Asia. In North America, it has facilities in the United States and manufacturing operations in Mexico. In Europe, the company has facilities in Denmark, Poland, Czech Republic, and Switzerland. In Asia, CTS's footprint includes locations in the Philippines, Singapore, Japan, Taiwan, and China. The company also maintains sales offices in Germany.

CTS Corporation has maintained a reputation as a leading designer and manufacturer of high-quality, reliable, and engineered solutions. The company is expanding its leadership in sensing and motion control markets, launching new technology for electric motor control, and diversifying its revenue streams. CTS obtained 21 patents globally in 2024 and has a Cybersecurity Strategy Committee that regularly reviews and evolves its cybersecurity strategy.

CTS Corporation has significant institutional ownership, with 489 institutional owners holding approximately 86.56% of the company. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and Earnest Partners Llc.