Tennant Co
TNC
About: Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.
Employees: 4,632
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
1.19% more ownership
Funds ownership: 94.54% [Q1] → 95.73% (+1.19%) [Q2]
9% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 35
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0% less funds holding
Funds holding: 247 [Q1] → 246 (-1) [Q2]
2% less capital invested
Capital invested by funds: $1.42B [Q1] → $1.38B (-$34.9M) [Q2]
16% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 96
90% less call options, than puts
Call options by funds: $416K | Put options by funds: $4.34M
Financial journalist opinion
