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 7,290 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings 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
25% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 84
2.04% more ownership
Funds ownership: 92.83% [Q3] → 94.87% (+2.04%) [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 (-$225M) [Q4]
100% less call options, than puts
Call options by funds: $8K | Put options by funds: $3.8M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$125
42%
upside
Avg. target
$125
42%
upside
High target
$125
42%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Northcoast Research Aaron Reed 100% 1-year accuracy 1 / 1 met price target | 42%upside $125 | Buy Initiated | 19 Dec 2024 |
Financial journalist opinion
Based on 6 articles about TNC published over the past 30 days
Neutral
Seeking Alpha
6 days 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
1 week 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
1 week 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
1 week 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 weeks 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
3 weeks 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
1 month 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.
Positive
Seeking Alpha
2 months ago
Tennant: A Hidden Champion Of Autonomous Robots Pays Growing Dividends
Tennant, a leading cleaning equipment manufacturer, has strong margins, impressive growth, and a robust balance sheet, but currently appears slightly overvalued. The company benefits from trends like AI and robotics, with significant service revenue and potential for growth in autonomous cleaning equipment. Tennant outperforms competitors like Nilfisk, with higher margins, better returns, and lower debt, making it a stronger investment despite higher valuation.
Neutral
Business Wire
2 months ago
Tennant Company Introduces Lithium-Ion-Powered T12 and T16 Scrubbers
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the release of lithium-ion battery-powered versions of its popular T12 and T16 scrubbers. This product innovation will support customers' productivity & sustainability goals. “With the addition of lithium-ion battery technology, the T12 and T16 scrubbers deliver trusted Tennant performance with significant added bene.
Neutral
Investopedia
2 months ago
These 5 Stocks Have 50 Years of Dividend Growth—Here's How to Find More
With a new presidential administration set to take office on Jan. 20, 2025, some investors may be uncertain about how new policies and personnel will affect the stock market and interest rates. Will tariffs, discarded trade deals, and frayed alliances help or hurt the market?
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