CTS CORP (CTS) CTS Corporation is a global enterprise specializing in the production and distribution of vital electronic components, such as sensors, actuators, and connectivity solutions, with operations spanning North America, Europe, and Asia. Its extensive product line includes specialized sensors and actuators developed for both passenger and commercial vehicles. Additionally, CTS provides advanced connectivity components crucial for telecommunications infrastructure, information technology networks, and other high-speed applications. The company also offers a broad array of switches, temperature sensors, and potentiometers, serving various industries. Furthermore, it fabricates piezoelectric materials and substrates primarily utilized in demanding sectors like medical, industrial, aerospace and defense, and information technology. CTS effectively markets and sells its offerings through a multi-faceted approach, leveraging its internal sales engineers, independent manufacturers' representatives, and an established network of distributors. The company, which traces its origins back to 1896, currently maintains its corporate headquarters in Lisle, Illinois.
Sector: Printed Circuit Boards
Industry: Hardware, Equipment & Parts
CTS Corporation NYSE:CTS Technology · Hardware, Equipment & Parts
Mkt Cap $1.65B
Div Yield 0.28%
CLOSED · Nov 6 +1.72%$57.87 CLOSED · Nov 6 Prev close $56.89 +1.72%Close $57.87 0.00% AH close $57.87 VOL 268K $ Vol $15.53M RVOL 1.04x
Mkt Cap $1.65B
VOL 268K sh
$ Vol $15.53M
RVOL 1.04×
Div Yield 0.28%
Press Release
CTS Corporation Declares a Dividend
CTS Corporation's board declared a quarterly cash dividend of $0.04 per share on common stock.
The dividend is payable January 22, 2027, to shareholders of record at the close of business on December 24, 2026.
This is a routine capital-return announcement with no change in the dividend amount disclosed.
• 3d ago AI analysis › Press Release ● Major ⚠ 1
CTS Announces Third Quarter 2026 Results
CTS Corporation reported Q3 2026 sales of $149.6 million, up 5% year-over-year, with diversified end-market sales growing 7% to 60% of total sales.
GAAP diluted EPS rose to $0.61 from $0.46, and adjusted diluted EPS was $0.77 versus $0.60, on record adjusted gross margin of 42.2% and adjusted EBITDA margin of 24.7%.
Operating cash flow reached $43.5 million, up from $29.0 million a year ago, and management raised 2026 guidance to sales of $580-$590 million and adjusted EPS of $2.78-$2.88.
CEO Pratik Trivedi highlighted the Millar acquisition as advancing the company's diversification strategy, particularly in the medical end market.
• 12d ago AI analysis › Press Release
CTS Corporation Announces Completion of the Acquisition of Millar Holdings
CTS Corporation has completed its acquisition of Millar Holdings for $50 million, net of cash acquired and debt assumed, with additional contingent consideration tied to financial performance targets.
Millar designs and manufactures advanced pressure sensing technologies for medical devices, life sciences, and industrial applications, expanding CTS's medical sensing footprint and end-market diversification.
The deal is a modest tuck-in for CTS, which reported roughly $564 million in sales for the twelve months ended June 30, 2026, but management frames it as strategically significant for its sensing portfolio.
• 16d ago AI analysis › Press Release
CTS Corporation Announces Date for Third Quarter 2026 Earnings Release and Conference Call
CTS Corporation will release its third quarter 2026 earnings at approximately 8:00 a.m. ET on Tuesday, October 27, 2026.
Management will host a conference call the same day at 10:00 a.m. ET, with registration required for analysts and a live webcast available on the company's investor site, archived for one year.
This is a scheduling notice only; no results or guidance figures were disclosed.
• 27d ago AI analysis › Press Release
CTS Introduces Its First Digital Temperature Sensor Platform, Expanding Smart Sensing Capabilities
CTS Corporation introduced its first Digital Temperature Sensor platform, adding digital communication capability to its established temperature sensing portfolio.
The platform targets industrial, medical, transportation, and electronics applications, offering high-accuracy measurement, multiple probe configurations, and traceable temperature measurement.
The release contains no financial figures or customer commitments, so near-term revenue impact is not quantified.
• 1mo ago AI analysis › Press Release
CTS Corporation Expands Availability of Current Sensing Solutions Through Authorized Distribution Partners
CTS Corporation announced that its portfolio of current sensing solutions is now available through authorized distribution partners, expanding access to high-growth non-automotive markets.
The move targets sectors like data centers, industrial automation, and energy infrastructure, aiming to improve supply chain efficiency and customer support for power management needs.
Management emphasized that the combination of standard products and application-specific custom solutions will help meet complex challenges in these evolving markets.
• 2mo ago AI analysis › Press Release
CORRECTION: CTS Corporation Declares a Dividend
CTS Corporation corrected a prior press release, clarifying that the record date for its upcoming cash dividend is September 25, 2026, not 2025.
The company confirmed the declaration of a $0.04 per share dividend on its outstanding common stock, payable on October 23, 2026.
This correction is administrative in nature and does not alter the dividend amount or payment schedule established in the original announcement.
• 2mo ago AI analysis › Press Release ⚠ 1
CTS Corporation Declares a Dividend
The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share on outstanding common stock.
The dividend is payable on October 23, 2026 to shareholders of record at the close of business on September 25, 2025.
CTS designs and manufactures sensors, actuators and electronic components for the aerospace/defense, industrial, medical and transportation markets.
• 2mo ago AI analysis › Press Release ● Major
CTS Announces Second Quarter 2026 Results
CTS reported Q2 sales of $144.8 million, up 7% year-over-year, with adjusted diluted EPS rising to $0.74 from $0.57 in the prior year.
Profitability improved significantly as adjusted gross margin expanded 270 basis points to 41.5% and operating cash flow reached $33.4 million.
The company raised full-year 2026 guidance, projecting sales of $565-$585 million and adjusted diluted EPS of $2.55-$2.70, citing strong performance in diversified end markets.
• 3mo ago AI analysis › Press Release
CTS Corporation Announces Date for Second Quarter 2026 Earnings Release and Conference Call
CTS Corporation announced it will release Q2 2026 earnings at 8:00 a.m. ET on July 28, 2026.
A conference call to discuss the results is scheduled for the same day at 10:00 a.m. ET, accessible via the company's website.
The call will be archived in the Investors section of the CTS Corporation website for one year.
• 3mo ago AI analysis › Press Release
CTS Corporation Names COO Pratik Trivedi CEO and President
CTS Corporation announced that COO Pratik Trivedi has been promoted to Chief Executive Officer and President, effective July 6, 2026.
Trivedi succeeds Kieran O'Sullivan, who will step down as CEO after 14 years to become Executive Chairman of the Board.
The Board cited Trivedi's track record of execution and the completion of a two-year succession planning process as drivers for the decision.
• 4mo ago AI analysis › Press Release
CTS Introduces TSX Crystal with Integrated Thermistor, Expanding Its Frequency Control Portfolio
CTS Corporation launched the TSX Crystal with Integrated Thermistor, marking the first crystal product in its portfolio to incorporate a thermistor within the package.
The TSX series is designed to provide real-time temperature feedback and improve thermal coupling, enabling more accurate frequency compensation in space-constrained applications like telecommunications and automotive systems.
The new product supports frequencies from 16 MHz to 285 MHz with tolerance options of ±10 ppm to ±20 ppm, offering designers a compact, hermetically sealed solution for high-reliability environments.
• 4mo ago AI analysis › Press Release
CTS Corporation to Present at the 16th Annual East Coast IDEAS Investor Conference
CTS Corporation will present at the 16th Annual East Coast IDEAS Investor Conference on June 11, 2026.
The presentation is scheduled for 9:55 AM EDT at The Westin Times Square in New York.
A live webcast and subsequent replay will be available via the company's investor relations website.
• 5mo ago AI analysis › Press Release
CTS Corporation Declares a Dividend
CTS Corporation declared a quarterly cash dividend of $0.04 per share.
The dividend is payable on July 24, 2026, to shareholders of record as of June 26, 2026.
This is a routine maintenance of the existing dividend policy.
• 5mo ago AI analysis › Press Release ● Major
CTS Announces First Quarter 2026 Results
CTS reported Q1 2026 sales of $139 million, up 11% year-over-year, driven by an 18% increase in diversified end-markets.
Profitability improved significantly with diluted EPS rising to $0.59 and adjusted EBITDA margin expanding 250 basis points to 23.0%.
Management narrowed full-year 2026 guidance, raising the adjusted EPS range to $2.35-$2.45 and tightening the sales outlook to $560-$580 million.
• 6mo ago AI analysis ›