
Tennant Company (NYSE:TNC – Free Report) – Research analysts at Sidoti cut their Q1 2026 EPS estimates for Tennant in a note issued to investors on Wednesday, February 25th. Sidoti analyst S. Ferazani now anticipates that the industrial products company will earn $0.41 per share for the quarter, down from their prior forecast of $1.30. The consensus estimate for Tennant’s current full-year earnings is $5.89 per share. Sidoti also issued estimates for Tennant’s Q2 2026 earnings at $1.13 EPS, FY2026 earnings at $4.81 EPS, Q1 2027 earnings at $1.28 EPS, Q2 2027 earnings at $1.68 EPS and FY2027 earnings at $6.42 EPS.
Other research analysts have also recently issued research reports about the company. Zacks Research cut Tennant from a “hold” rating to a “strong sell” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Tennant in a report on Monday, December 29th. Freedom Capital lowered Tennant from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Wall Street Zen cut shares of Tennant from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Roth Mkm reiterated a “buy” rating and issued a $91.00 price target (down from $107.00) on shares of Tennant in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $91.00.
Tennant Stock Performance
Tennant stock opened at $60.93 on Friday. Tennant has a fifty-two week low of $60.31 and a fifty-two week high of $87.72. The stock’s 50 day simple moving average is $77.13 and its two-hundred day simple moving average is $78.07. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.39 and a current ratio of 2.05. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 26.04, a PEG ratio of 1.81 and a beta of 1.05.
Tennant Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be paid a $0.31 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.24 dividend on an annualized basis and a yield of 2.0%. Tennant’s payout ratio is presently 52.99%.
Institutional Trading of Tennant
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Comerica Bank grew its position in Tennant by 1.2% in the third quarter. Comerica Bank now owns 12,290 shares of the industrial products company’s stock worth $996,000 after acquiring an additional 144 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Tennant by 2.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 6,115 shares of the industrial products company’s stock valued at $451,000 after purchasing an additional 148 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Tennant by 85.1% in the 4th quarter. Hantz Financial Services Inc. now owns 385 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 177 shares during the period. Swiss National Bank boosted its holdings in shares of Tennant by 0.6% in the 3rd quarter. Swiss National Bank now owns 34,300 shares of the industrial products company’s stock worth $2,780,000 after purchasing an additional 200 shares during the period. Finally, First Affirmative Financial Network increased its position in shares of Tennant by 7.2% during the 3rd quarter. First Affirmative Financial Network now owns 3,270 shares of the industrial products company’s stock valued at $265,000 after purchasing an additional 220 shares during the last quarter. 93.33% of the stock is currently owned by institutional investors.
Tennant News Summary
Here are the key news stories impacting Tennant this week:
- Positive Sentiment: Roth MKM reiterated a Buy rating on Tennant, which provides a supportive broker view for longer-term holders. Roth MKM Reiterates Buy Rating for Tennant
- Neutral Sentiment: Market commentary is reassessing Tennant’s valuation after weaker share performance; this frames current moves as part fundamentals review rather than a single catalyst. Assessing Tennant’s Valuation
- Negative Sentiment: Sidoti sharply cut EPS forecasts across multiple quarters and years (examples: Q1 2026 cut from $1.30 to $0.41; Q2 2026 cut from $1.71 to $1.13; FY2026 cut from $6.39 to $4.81; FY2027 cut from $7.37 to $6.42). These downward revisions signal weaker near-term profitability expectations and are a primary driver of bearish sentiment. MarketBeat – Tennant Analyst Reports
- Negative Sentiment: Multiple law firms have announced securities‑fraud investigations into Tennant, alleging possible misstatements in financials/operations; such probes raise legal, disclosure and reputational risk and often weigh on stock performance until resolved. BusinessWire – Securities Fraud Investigation Announced PR Newswire – Pomerantz Investigation
Tennant Company Profile
Tennant Company is a global provider of solutions that help keep facilities clean, safe and sustainable. The company designs, manufactures and markets a broad range of cleaning machines, chemicals and service programs that address the cleaning needs of customers in diverse industries, including manufacturing, warehousing, food and beverage, healthcare and education. Tennant’s product portfolio encompasses both ride-on and walk-behind floor scrubbers and sweepers, carpet extractors, power brushes, pressure washers and autonomous cleaning machines.
Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant has grown from a regional manufacturer into a multinational organization with operations in more than 70 countries and sales representation in over 100 markets worldwide.
See Also
- Five stocks we like better than Tennant
- The gold chart Wall Street is terrified of…
- This makes me furious
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Tennant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tennant and related companies with MarketBeat.com's FREE daily email newsletter.
