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 7,323 funds
–
Analysts bullish %
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
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$34
9%
downside
Avg. target
$41
10%
upside
High target
$48
29%
upside
2 analyst ratings
1 positive
50%
0 neutral
0%
1 negative
50%
Morgan Stanley Connor Lynagh | 9%downside $34 | Underweight Maintained | 16 May 2025 |
Barclays David Anderson | 29%upside $48 | Overweight Maintained | 6 May 2025 |
Financial journalist opinion
Based on 3 articles about TS published over the past 30 days
Positive
Zacks Investment Research
6 hours ago
Tenaris (TS) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Tenaris (TS) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Reuters
9 hours ago
Tenaris' quarterly net sales fall 7% on Brazil, Europe weakness
Italian steel pipe maker Tenaris on Wednesday posted a 7% drop in net sales for the second quarter of 2025, hurt by lower shipments to Brazil and Europe.
Neutral
GlobeNewsWire
10 hours ago
Tenaris Announces 2025 Second 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.
Positive
Market Watch
1 month ago
20 oil stocks passing a quality screen as Investors wonder what Iran will do next
Nobody knows how badly the international oil market might be disrupted by Iran. But if you want to take advantage of the uncertainty, a screen encompassing debt levels and cash flow can limit your risk.
Neutral
GlobeNewsWire
1 month ago
Tenaris provides information pursuant to Luxembourg Transparency Law
LUXEMBOURG, June 18, 2025 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”, or the “Company”) announced today that the Company's controlling shareholder, San Faustin S.A. (“San Faustin”), has notified the Company that, as a result of Tenaris's open market repurchases of own shares under its share buyback program publicly announced on May 27, 2025, San Faustin has passively crossed a voting rights threshold triggering a notice requirement under the Luxembourg Transparency Law.
Positive
Seeking Alpha
1 month 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 month 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 month 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 months 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
2 months 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.
Charts implemented using Lightweight Charts™