CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
Company profile
Ticker
CTS
Exchange
Website
CEO
Mr. Kieran M. O'Sullivan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ARROW ELECTRONICS INC, ARROW ELECTRONICS, INC
SEC CIK
Corporate docs
Subsidiaries
CTS Automotive Holdings, LLC • CTS Advanced Materials, LLC • CTS Electronic Components, Inc. • LTB Investment Corporation • Filter Sensing Technologies, Inc. • Tusonix, LLC • CTS Electronic Components (California), Inc. • CTS Printex, Inc. • CTS Automotive Holdings • CTS SRL-CV Holdings ...
IRS number
350225010
CTS stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
10 Sep 24
8-K
CTS Investor Presentation July 2024
30 Jul 24
10-Q
2024 Q2
Quarterly report
30 Jul 24
8-K
CTS Announces Second Quarter 2024 Results
30 Jul 24
SD
Conflict minerals disclosure
31 May 24
8-K
Amendments to Articles of Incorporation or Bylaws
13 May 24
8-K
CTS Investor Presentation May 2024
1 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
CTS Announces First Quarter 2024 Results
1 May 24
ARS
2023 FY
Annual report to shareholders
29 Mar 24
Transcripts
CTS
Earnings call transcript
2024 Q2
30 Jul 24
CTS
Earnings call transcript
2024 Q1
1 May 24
CTS
Earnings call transcript
2023 Q4
6 Feb 24
CTS
Earnings call transcript
2023 Q3
26 Oct 23
CTS
Earnings call transcript
2023 Q2
25 Jul 23
CTS
Earnings call transcript
2023 Q2
25 Jul 23
CTS
Earnings call transcript
2023 Q1
27 Apr 23
CTS
Earnings call transcript
2022 Q4
7 Feb 23
CTS
Earnings call transcript
2022 Q3
26 Oct 22
CTS
Earnings call transcript
2022 Q2
26 Jul 22
Latest ownership filings
4
Martin Baumeister
28 May 24
4
Pratik Trivedi
9 May 24
3
Pratik Trivedi
9 May 24
4
KIERAN M O'SULLIVAN
1 May 24
4
Ashish Agrawal
1 May 24
144
Notice of proposed sale of securities
1 May 24
144
Notice of proposed sale of securities
30 Apr 24
144
Notice of proposed sale of securities
29 Apr 24
4
Ashish Agrawal
15 Apr 24
4
KIERAN M O'SULLIVAN
15 Apr 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 161.25 mm | 161.25 mm | 161.25 mm | 161.25 mm | 161.25 mm | 161.25 mm |
Cash burn (monthly) | 393.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.48 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 159.77 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 406.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
98.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 209 |
Opened positions | 33 |
Closed positions | 11 |
Increased positions | 68 |
Reduced positions | 77 |
13F shares | Current |
---|---|
Total value | 1.35 tn |
Total shares | 29.90 mm |
Total puts | 300.00 |
Total calls | 2.80 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 4.78 mm | $242.02 bn |
Vanguard | 2.76 mm | $139.59 bn |
T. Rowe Price Investment Management | 2.20 mm | $111.55 mm |
Earnest Partners | 1.74 mm | $87.87 bn |
Wasatch Advisors | 1.62 mm | $82.01 bn |
Dimensional Fund Advisors | 1.47 mm | $74.18 bn |
Gamco Investors | 1.34 mm | $67.74 bn |
Brown Advisory | 1.24 mm | $62.71 bn |
Fiduciary Management | 1.21 mm | $61.41 bn |
STT State Street | 1.15 mm | $58.25 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 May 24 | Martin Baumeister | Common Stock | Sell | Dispose S | No | No | 52.39 | 5,733 | 300.35 k | 19,811 |
8 May 24 | Pratik Trivedi | Common Stock | Grant | Acquire A | No | No | 0 | 3,932 | 0.00 | 6,056 |
8 May 24 | Pratik Trivedi | Common Stock | Grant | Acquire A | No | No | 0 | 2,124 | 0.00 | 2,124 |
1 May 24 | Ashish Agrawal | Common Stock | Sell | Dispose S | No | No | 47.0325 | 4,495 | 211.41 k | 120,278 |
1 May 24 | O'sullivan Kieran M | Common Stock | Sell | Dispose S | No | No | 47.1109 | 27,905 | 1.31 mm | 455,643 |
30 Apr 24 | Ashish Agrawal | Common Stock | Sell | Dispose S | No | No | 47.0056 | 1,600 | 75.21 k | 124,773 |
30 Apr 24 | O'sullivan Kieran M | Common Stock | Sell | Dispose S | No | No | 47.0163 | 9,771 | 459.40 k | 483,548 |
29 Apr 24 | Ashish Agrawal | Common Stock | Sell | Dispose S | No | Yes | 47 | 1,604 | 75.39 k | 126,373 |
29 Apr 24 | O'sullivan Kieran M | Common Stock | Sell | Dispose S | No | Yes | 47 | 6,179 | 290.41 k | 493,319 |