Tennant (NYSE:TNC) Issues FY 2026 Earnings Guidance

Tennant (NYSE:TNC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.700-5.300 for the period, compared to the consensus EPS estimate of 6.660. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion.

Analysts Set New Price Targets

Several research firms have issued reports on TNC. Roth Mkm reissued a “buy” rating and set a $91.00 target price (down from $107.00) on shares of Tennant in a research note on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Tennant in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Tennant has a consensus rating of “Hold” and a consensus target price of $91.00.

Tennant Trading Down 0.6%

Shares of NYSE TNC opened at $62.66 on Thursday. The stock has a fifty day simple moving average of $77.66 and a 200-day simple moving average of $78.35. Tennant has a twelve month low of $60.40 and a twelve month high of $87.85. The company has a current ratio of 2.05, a quick ratio of 1.39 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $1.14 billion, a PE ratio of 26.78, a PEG ratio of 1.58 and a beta of 1.05.

Tennant Dividend Announcement

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 given a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. Tennant’s dividend payout ratio is currently 52.99%.

More Tennant News

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

Institutional Trading of Tennant

Hedge funds have recently added to or reduced their stakes in the company. Vision One Management Partners LP grew its holdings in Tennant by 63.1% during the 3rd quarter. Vision One Management Partners LP now owns 291,864 shares of the industrial products company’s stock worth $23,212,000 after acquiring an additional 112,873 shares in the last quarter. Millennium Management LLC grew its stake in shares of Tennant by 33.8% during the fourth quarter. Millennium Management LLC now owns 358,452 shares of the industrial products company’s stock worth $26,418,000 after purchasing an additional 90,611 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Tennant by 158.4% during the fourth quarter. Jane Street Group LLC now owns 94,461 shares of the industrial products company’s stock worth $6,962,000 after purchasing an additional 57,907 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Tennant by 116.3% in the fourth quarter. Renaissance Technologies LLC now owns 76,900 shares of the industrial products company’s stock valued at $5,668,000 after buying an additional 41,342 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Tennant by 34.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 130,175 shares of the industrial products company’s stock valued at $9,594,000 after buying an additional 33,491 shares in the last quarter. Institutional investors and hedge funds own 93.33% of the company’s stock.

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.