Tenaris
About: Tenaris is one of the largest global producers of oil country tubular goods, which are used primarily in the construction of oil and gas wells. Its production facilities are located primarily in the US, Argentina, Mexico, and Italy. Tenaris' premium OCTG products are among the most trusted by oil companies for use in the most challenging applications, including deep-water offshore wells and horizontal shale wells.
Employees: 25,900
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 4 (+1) [Q1 2025]
7% more capital invested
Capital invested by funds: $1.6B [Q4 2024] → $1.71B (+$111M) [Q1 2025]
4% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $10M
0.1% more ownership
Funds ownership: 3.67% [Q4 2024] → 3.78% (+0.1%) [Q1 2025]
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
3% less funds holding
Funds holding: 230 [Q4 2024] → 223 (-7) [Q1 2025]
11% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 81
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$34
6%
downside
Avg. target
$41
14%
upside
High target
$48
33%
upside
3 analyst ratings
2 positive
67%
0 neutral
0%
1 negative
33%
Morgan Stanley Connor Lynagh | 6%downside $34 | Underweight Maintained | 16 May 2025 |
Barclays David Anderson | 33%upside $48 | Overweight Maintained | 6 May 2025 |
Stifel Stephen Gengaro | 14%upside $41 | Buy Maintained | 15 Apr 2025 |
Financial journalist opinion
Based on 5 articles about TS published over the past 30 days
Positive
Seeking Alpha
5 days ago
Tenaris: The Buybacks Continue
Tenaris' earnings may be inflecting despite the oil price headwinds as steel tariffs are allowing it to capture pricing increases in the U.S. Robust free cash flow and the net cash position allow Tenaris to continue its buybacks. The company also derives 2/3 of its revenue from ex-US markets, characterized by more durable, long-cycle capex.
Neutral
GlobeNewsWire
1 week ago
Tenaris to Commence a USD 600 million First Tranche of its USD 1.2 Billion Share Buyback Program
LUXEMBOURG, June 06, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its Share Buyback Program (the “Program”) announced on May 27, 2025, covering up to USD 1.2 billion, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”).
Positive
MarketBeat
1 week ago
These 3 Stocks Are Buying Back Billions in Shares
As market volatility and sector rotations persist in 2025, companies sitting on strong balance sheets are leaning into one of the most shareholder-friendly strategies available: stock buybacks. A wave of fresh repurchase authorizations has hit the tape in recent weeks, signaling confidence from management teams about the future of their businesses and the current undervaluation of their stocks.
Neutral
GlobeNewsWire
2 weeks ago
Share buyback program of up to USD 1.2 billion
LUXEMBOURG, May 27, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that Tenaris's Board of Directors approved a share buyback program of up to $1.2 billion (which, at the closing price of May 27, 2025 on the Milan Stock Exchange would represent approximately 74 million shares, or 6.9% of Tenaris's outstanding shares), to be executed within a year, with the intention to cancel the ordinary shares acquired through the program.
Positive
Seeking Alpha
4 weeks ago
5 Upcoming Dividend Increases
I focus on companies with consistent dividend growth, strong financials, and outperformance versus benchmarks like SCHD for my investment strategy. This week's highlighted stocks average a 9.8% dividend increase and a 10-year streak, with KLAC, AMAT, and TTEK delivering exceptional long-term returns. KLAC, AMAT, and TTEK have significantly outperformed SCHD over the past decade, making them top candidates for further research or portfolio inclusion.
Positive
Benzinga
1 month ago
5 European Stocks Rated High On Our Value Rankings
Despite last week's market rally, which saw US markets recover losses since President Trump's tariff announcement in early April, American stocks are still underperforming their European counterparts.
Neutral
GlobeNewsWire
1 month ago
Shareholders approve all resolutions on the agendas of Tenaris's Annual General Meeting and Extraordinary General Meeting of Shareholders
LUXEMBOURG, May 06, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced that its annual general meeting of shareholders and extraordinary general meeting of shareholders, both held on May 6, 2025, approved all resolutions on their agendas.
Neutral
Seeking Alpha
1 month ago
Tenaris S.A. (TS) Q1 2025 Earnings Call Transcript
Tenaris S.A. (NYSE:TS ) Q1 2025 Earnings Call Transcript May 1, 2025 8:00 AM ET Company Participants Giovanni Sardagna - Investor Relations Officer Paolo Rocca - Chairman & Chief Executive Officer Guillermo Moreno - President, US Operations Gabriel Podskubka - Chief Operating Officer Conference Call Participants Alessandro Pozzi - Mediobanca Arun Jayaram - JPMorgan Securities LLC David Anderson - Barclays Sebastian Erskine - Redburn Atlantic Stephen Gengaro - Stifel Derek Podhaizer - Piper Sandler Jamie Franklin - Jefferies Daniel Thomson - BNP Paribas Exane Operator Good day, and thank you for standing by.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Tenaris (TS) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Tenaris (TS) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Neutral
GlobeNewsWire
1 month ago
Tenaris Announces 2025 First Quarter Results
The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on these alternative performance measures.
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