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 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
26% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 84
2.3% more ownership
Funds ownership: 92.56% [Q3] → 94.86% (+2.3%) [Q4]
2% more funds holding
Funds holding: 255 [Q3] → 260 (+5) [Q4]
13% less capital invested
Capital invested by funds: $1.68B [Q3] → $1.46B (-$220M) [Q4]
100% less call options, than puts
Call options by funds: $8K | Put options by funds: $3.8M
Research analyst outlook
We haven’t received any recent analyst ratings for TNC.
Financial journalist opinion
Neutral
Business Wire
1 week 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 week 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
1 month 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.
Neutral
Seeking Alpha
2 months ago
Tennant Company (TNC) Q4 2024 Earnings Call Transcript
Tennant Company (NYSE:TNC ) Q4 2024 Earnings Conference Call February 18, 2025 10:00 AM ET Company Participants Lorenzo Bassi - VP, Finance & IR David Huml - President & CEO Fay West - SVP & CFO Conference Call Participants Steve Ferazani - Sidoti Thomas Hayes - CL King Aaron Reed - Northcoast Research Iva Prcela - Northcoast Research Operator Ladies and gentlemen, good morning. My name is Abby, and I will be your conference operator today.
Neutral
Business Wire
2 months ago
Tennant Company Reports 2024 Fourth-Quarter and Full-Year Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its fourth-quarter and full-year financial results for 2024. (In millions, except per share data) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2023 Incr / (Decr) 2024 2023 Incr / (Decr) Net sales $ 328.9 $ 311.4 5.6 % $ 1,286.7 $ 1,243.6 3.5 % Net income $ 6.6 $ 31.0 (78.7 )% $ 83.7 $ 109.5 (23.6 )% Dilut.
Neutral
Business Wire
2 months ago
Tennant Company Board Authorizes Repurchase of Additional Two Million Shares
MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) authorized a new share repurchase program of up to 2,000,000 shares of the Company's common stock, effective February 11, 2025. “The Board's authorization of a 2,000,000 share repurchase program demonstrates our confidence in Tennant's strategic direction and our commitment to returning capital to shareholders,” said Dave Huml, Tennant President and Chief Executive Officer. “This initiative highlights our strong financial po.
Neutral
Business Wire
2 months 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 March 14, 2025, to shareholders of record at the close of business on February 28, 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 ma.
Neutral
Business Wire
2 months ago
Tennant Company to Report Fourth Quarter and Full-Year Fiscal 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its fourth quarter and full-year fiscal 2024 financial results after the market closes on Monday, February 17, 2025, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Tuesday, February 18, 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 ava.
Positive
The Motley Fool
2 months ago
6 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income
Dividend stocks have long been a favorite for investors seeking reliable passive income. However, not all dividend-paying companies offer the same long-term investment potential.
Positive
The Motley Fool
3 months ago
2 Magnificent Dividend Kings Down 19% and 32% to Buy in 2025
Today's Dividends Kings are a who's-who of the most successful dividend growth stocks of our time. This list consists of about 50 publicly traded companies that have increased their dividend payments annually for a minimum of half a century.
Charts implemented using Lightweight Charts™