Equities Analysts Issue Forecasts for Tennant Q3 Earnings

Tennant Company (NYSE:TNC) – Research analysts at Sidoti lowered their Q3 2026 earnings per share (EPS) estimates for shares of Tennant in a note issued to investors on Wednesday, February 25th. Sidoti analyst S. Ferazani now expects that the industrial products company will earn $1.59 per share for the quarter, down from their previous forecast of $1.60. The consensus estimate for Tennant’s current full-year earnings is $5.89 per share. Sidoti also issued estimates for Tennant’s Q4 2026 earnings at $1.69 EPS, Q3 2027 earnings at $1.64 EPS and Q4 2027 earnings at $1.83 EPS.

A number of other equities analysts have also issued reports on TNC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tennant in a research report on Monday, December 29th. Roth Mkm restated a “buy” rating and issued a $91.00 price target (down from $107.00) on shares of Tennant in a research report on Wednesday. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Tennant has a consensus rating of “Hold” and a consensus price target of $91.00.

Tennant Stock Down 0.6%

Shares of TNC stock opened at $62.66 on Thursday. Tennant has a 12 month low of $60.40 and a 12 month high of $87.85. The company has a quick ratio of 1.39, a current ratio of 2.05 and a debt-to-equity ratio of 0.45. The firm has a market cap of $1.14 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 1.58 and a beta of 1.05. The stock has a 50 day moving average of $77.66 and a 200-day moving average of $78.35.

Hedge Funds Weigh In On Tennant

A number of hedge funds and other institutional investors have recently made changes to their positions in TNC. River Road Asset Management LLC boosted its position in shares of Tennant by 131.0% during the 2nd quarter. River Road Asset Management LLC now owns 240,167 shares of the industrial products company’s stock valued at $19,823,000 after acquiring an additional 136,221 shares in the last quarter. American Century Companies Inc. lifted its stake in Tennant by 54.2% during the second quarter. American Century Companies Inc. now owns 343,614 shares of the industrial products company’s stock worth $26,623,000 after purchasing an additional 120,793 shares during the period. Vision One Management Partners LP lifted its stake in Tennant by 63.1% during the third quarter. Vision One Management Partners LP now owns 291,864 shares of the industrial products company’s stock worth $23,212,000 after purchasing an additional 112,873 shares during the period. Millennium Management LLC boosted its holdings in Tennant by 33.8% during the fourth quarter. Millennium Management LLC now owns 358,452 shares of the industrial products company’s stock valued at $26,418,000 after purchasing an additional 90,611 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Tennant by 158.4% in the 4th quarter. Jane Street Group LLC now owns 94,461 shares of the industrial products company’s stock valued at $6,962,000 after purchasing an additional 57,907 shares during the period. 93.33% of the stock is owned by institutional investors.

Tennant Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, February 27th. Tennant’s payout ratio is 52.99%.

Tennant News Roundup

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Roth MKM reaffirmed a “buy” rating and kept a $91 price target (down from $107), signaling analyst confidence in longer‑term value despite near‑term headwinds. Benzinga
• Positive Sentiment: Management reiterated a strategic growth target for its autonomous mobile robot (AMR) business: $250M in AMR revenue by 2028, which supports a multi‑year growth narrative beyond current ERP disruption. MSN/Yahoo
• Neutral Sentiment: Full Q4 2025 earnings call materials, transcript and slide deck are available for investors who want the full management commentary and details on ERP timing and margin impact. Press Release / Slide Deck
• Negative Sentiment: Tennant reported a Q4 earnings and revenue miss (EPS and sales below consensus) and revenue fell ~11% Y/Y — primary near‑term catalyst for the share decline. MarketBeat earnings summary
• Negative Sentiment: FY‑2026 guidance was cut materially: EPS guided to $4.70–$5.30 vs. consensus ~$6.66 and revenue guidance below street expectations — a direct hit to near‑term valuation and investor confidence. Seeking Alpha
• Negative Sentiment: Management cited ERP implementation challenges that are reshaping the 2026 outlook and pressuring execution/timelines — investors worry about cadence of improvement and margin recovery. Yahoo Finance
• Negative Sentiment: Several law firms have announced securities‑fraud investigations into Tennant (multiple filings), increasing legal and reputational risk and likely contributing to selling pressure. BusinessWire (Howard G. Smith)
• Negative Sentiment: Media coverage is describing a sharp intraday selloff and describing the shares as being “obliterated” after the results and guidance, reflecting heightened volatility and elevated trading volume. Yahoo: Why shares are getting obliterated

Tennant Company Profile

Tennant Company is a global provider of solutions that help keep facilities clean, safe and sustainable. The company designs, manufactures and markets a broad range of cleaning machines, chemicals and service programs that address the cleaning needs of customers in diverse industries, including manufacturing, warehousing, food and beverage, healthcare and education. Tennant’s product portfolio encompasses both ride-on and walk-behind floor scrubbers and sweepers, carpet extractors, power brushes, pressure washers and autonomous cleaning machines.

Founded in 1870 and headquartered in Minneapolis, Minnesota, Tennant has grown from a regional manufacturer into a multinational organization with operations in more than 70 countries and sales representation in over 100 markets worldwide.