Wasatch Advisors LP Increases Stake in CTS Corp to 10.9%
Wasatch Advisors LP has filed a Schedule 13G/A with the SEC, dated June 3, 2026, disclosing a significant increase in its stake in CTS Corp (CTS). As of the event date on May 29, 2026, the investment advisor reported beneficial ownership of 3,121,898 shares of common stock, representing 10.9% of the company. This marks a substantial increase from the previously reported position of 1,993,929 shares. According to the filing, Wasatch Advisors LP maintains sole dispositive power over all 3,121,898 shares and sole voting power over 2,109,334 shares. The filing is an amendment to a previous statement and indicates that the securities were acquired in the ordinary course of business, without the intent to change or influence the control of the issuer. This transaction reinforces Wasatch Advisors' position as a major institutional shareholder in CTS Corp, a manufacturer of sensors, actuators, and electronic components.