Tennant Co
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
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
0.44% less ownership
Funds ownership: 94.86% [Q4 2024] → 94.42% (-0.44%) [Q1 2025]
3% less capital invested
Capital invested by funds: $1.46B [Q4 2024] → $1.42B (-$43.3M) [Q1 2025]
5% less funds holding
Funds holding: 260 [Q4 2024] → 246 (-14) [Q1 2025]
14% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 98
32% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 37
93% less call options, than puts
Call options by funds: $319K | Put options by funds: $4.81M
Research analyst outlook
We haven’t received any recent analyst ratings for TNC.
Financial journalist opinion
Based on 3 articles about TNC published over the past 30 days
Neutral
Seeking Alpha
3 days ago
Tennant Company: Still Attractive, Even In Light Of Expected Weakness
Tennant Company has underperformed recently, but I believe the market is underestimating its long-term potential despite near-term challenges. Recent financial results showed revenue and profit declines, driven by lower volumes, higher costs, and negative currency impacts. Management expects continued weakness in 2025 due to trade war effects, but is implementing price hikes, cost cuts, and supply chain adjustments.
Neutral
Business Wire
1 week ago
Tennant Company Sells 10,000th Robotic Scrubber, Underscoring Global Demand for Cleaning Automation
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced it sold its 10,000th autonomous mobile robot (AMR), reinforcing the company's leadership in robotic cleaning and underscoring the growing global demand for proven, scalable automation for facility management. Today, robotic solutions are a core strategy for organizations looking to maintain high cleaning standards across industrial and commercial environments. “Selling.
Positive
TechXplore
2 weeks ago
Virtual reality has transformed design process for robotic floor-cleaners at Tennant
After Tennant figured out how to keep its plants open during the pandemic, it had a second problem to solve.
Neutral
Seeking Alpha
1 month ago
Tennant Company (TNC) Q1 2025 Earnings Call Transcript
Tennant Company (NYSE:TNC ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance and Investor Relations David Huml - President and Chief Executive Officer Fay West - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Aaron Reed - Northcoast Research Operator Good morning. My name is Greg, and I will be your conference operator today.
Negative
Zacks Investment Research
1 month ago
Tennant (TNC) Q1 Earnings Miss Estimates
Tennant (TNC) came out with quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.81 per share a year ago.
Neutral
Business Wire
1 month ago
Tennant Company Reports First Quarter 2025 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2025. (In millions, except per share data) Three Months Ended March 31, 2025 2024 Incr / (Decr) Net sales $ 290.0 $ 311.0 (6.8 )% Net income $ 13.1 $ 28.4 (53.9 )% Diluted EPS $ 0.69 $ 1.49 (53.7 )% Adjusted diluted EPS $ 1.12 $ 1.81 (38.1 )% Adjusted EBITDA $ 41.0 $ 54.9 (25.3 )% Adj.
Neutral
Business Wire
1 month ago
Tennant Company Declares Regular Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.295 per share payable June 16, 2025, to shareholders of record at the close of business on May 30, 2025. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintain.
Neutral
Business Wire
1 month ago
Tennant Company to Report First Quarter 2025 Results on April 30, 2025
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its first quarter 2025 financial results after the market closes on Wednesday, April 30, 2025, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Thursday, May 1, 2025. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's web.
Neutral
Business Wire
1 month ago
Tennant Company Launches X6 ROVR — Autonomous Cleaning Power for Large and Complex Facilities
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of the X6 ROVR, its new mid-sized autonomous floor scrubber engineered to clean up to 75,000 square feet per cycle. Expanding on the proven performance of the compact X4 ROVR, the X6 ROVR is designed to meet the scale and complexity of larger commercial and light-industrial environments. The X6 ROVR includes an optional new Tennant XC1 docking station, allowi.
Positive
Seeking Alpha
3 months ago
Tennant Company Deserves Patience
Tennant Company, a global leader in mechanized cleaning, was rated a “Buy” despite mixed financial results and a 7.2% stock decline since last September. Revenue grew by 5.6% year-over-year, but net profits fell due to legal, restructuring, and modernization costs, with EBITDA being the only improving metric. 2025 guidance indicates revenue and profitability declines, but the stock remains relatively undervalued compared to peers, with promising long-term growth opportunities.
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