Sidoti Issues Pessimistic Forecast for Tennant Earnings

Tennant Company (NYSE:TNC) – Investment analysts at Sidoti reduced their Q1 2026 earnings estimates for shares of Tennant in a research report issued to clients and investors on Wednesday, February 25th. Sidoti analyst S. Ferazani now expects that the industrial products company will post earnings of $0.41 per share for the quarter, down from their prior estimate of $1.30. The consensus estimate for Tennant’s current full-year earnings is $5.89 per share. Sidoti also issued estimates for Tennant’s Q2 2026 earnings at $1.13 EPS, FY2026 earnings at $4.81 EPS, Q1 2027 earnings at $1.28 EPS, Q2 2027 earnings at $1.68 EPS and FY2027 earnings at $6.42 EPS.

Several other research analysts have also commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Tennant in a research report on Monday, December 29th. Roth Mkm restated a “buy” rating and set a $91.00 target price (down from $107.00) on shares of Tennant in a report on Wednesday. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $91.00.

Tennant Stock Down 0.6%

Tennant stock opened at $62.37 on Friday. The company has a market capitalization of $1.11 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 1.57 and a beta of 1.05. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.39 and a current ratio of 2.05. Tennant has a fifty-two week low of $60.40 and a fifty-two week high of $87.72. The firm has a 50 day moving average price of $77.40 and a 200 day moving average price of $78.24.

Tennant Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th. Tennant’s dividend payout ratio (DPR) is presently 52.99%.

Institutional Investors Weigh In On Tennant

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in Tennant by 1.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 585,022 shares of the industrial products company’s stock valued at $43,116,000 after purchasing an additional 6,760 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in shares of Tennant by 0.6% during the fourth quarter. Gamco Investors INC. ET AL now owns 502,598 shares of the industrial products company’s stock worth $37,041,000 after buying an additional 2,803 shares during the period. American Century Companies Inc. raised its holdings in Tennant by 26.6% in the third quarter. American Century Companies Inc. now owns 434,996 shares of the industrial products company’s stock valued at $35,261,000 after acquiring an additional 91,382 shares in the last quarter. Millennium Management LLC lifted its stake in Tennant by 33.8% in the fourth quarter. Millennium Management LLC now owns 358,452 shares of the industrial products company’s stock worth $26,418,000 after acquiring an additional 90,611 shares during the last quarter. Finally, Vision One Management Partners LP grew its holdings in Tennant by 18.1% during the 4th quarter. Vision One Management Partners LP now owns 344,585 shares of the industrial products company’s stock worth $25,396,000 after acquiring an additional 52,721 shares in the last quarter. Hedge funds and other institutional investors own 93.33% of the company’s stock.

Tennant News Roundup

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Roth MKM reaffirmed a “buy” on TNC and maintained a constructive view despite trimming its price target from $107 to $91, providing some analyst support under the selloff. Roth MKM rating/price target article
• Neutral Sentiment: Tennant reiterated growth ambitions for its AMR (autonomous mobile robot) business, targeting $250M in AMR revenue by 2028 — a positive long‑term growth objective but one that doesn’t offset near‑term execution concerns. Tennant targets $250M AMR revenue by 2028 (MSN)
• Negative Sentiment: Multiple law firms have launched securities‑fraud investigations into Tennant following its Feb. 23 release of FY2025 results, alleging potential misstatements about financials and operations; such probes typically increase legal risk and can pressure the stock. Glancy Prongay Wolke & Rotter investigation (BusinessWire) Pomerantz investigation (PR Newswire)
• Negative Sentiment: Sidoti cut near‑term EPS estimates (Q3/Q4 2026 and Q3/Q4 2027), signaling reduced earnings visibility and reinforcing downside pressure from weaker guidance/forecasts. Sidoti estimate cuts (MarketBeat)
• Negative Sentiment: Management flagged ERP implementation issues that reshaped the 2026 outlook and contributed to the market rout; combination of execution risk plus legal probes and analyst downgrades is driving the intraday decline. Earnings call highlights: ERP challenges (Yahoo) “Why Tennant shares are getting obliterated” analysis (Yahoo)

About Tennant

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.