Tennant’s (TNC) “Buy” Rating Reiterated at Roth Mkm

Roth Mkm restated their buy rating on shares of Tennant (NYSE:TNC) in a research note published on Wednesday morning,Benzinga reports. Roth Mkm currently has a $91.00 price target on the industrial products company’s stock, down from their previous price target of $107.00.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Tennant in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Tennant presently has a consensus rating of “Hold” and a consensus price target of $91.00.

Tennant Stock Down 2.3%

Tennant stock opened at $60.93 on Wednesday. The stock has a 50-day simple moving average of $77.13 and a 200-day simple moving average of $78.10. The company has a market capitalization of $1.09 billion, a P/E ratio of 26.04, a PEG ratio of 1.85 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 $60.31 and a fifty-two week high of $87.72.

Tennant Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Comerica Bank increased its holdings in shares of Tennant by 1.2% in the 3rd quarter. Comerica Bank now owns 12,290 shares of the industrial products company’s stock valued at $996,000 after purchasing an additional 144 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Tennant by 2.5% during the fourth quarter. Daiwa Securities Group Inc. now owns 6,115 shares of the industrial products company’s stock worth $451,000 after buying an additional 148 shares during the period. Hantz Financial Services Inc. increased its holdings in Tennant by 85.1% in the fourth quarter. Hantz Financial Services Inc. now owns 385 shares of the industrial products company’s stock valued at $28,000 after buying an additional 177 shares in the last quarter. Swiss National Bank increased its holdings in Tennant by 0.6% in the third quarter. Swiss National Bank now owns 34,300 shares of the industrial products company’s stock valued at $2,780,000 after buying an additional 200 shares in the last quarter. Finally, First Affirmative Financial Network lifted its position in shares of Tennant by 7.2% during the 3rd quarter. First Affirmative Financial Network now owns 3,270 shares of the industrial products company’s stock valued at $265,000 after acquiring an additional 220 shares during the period. Institutional investors and hedge funds own 93.33% of the company’s stock.

Key Stories Impacting Tennant

Here are the key news stories impacting Tennant this week:

• Positive Sentiment: Roth MKM reiterated a Buy rating on Tennant, which provides a supportive broker view for longer-term holders. Roth MKM Reiterates Buy Rating for Tennant
• Neutral Sentiment: Market commentary is reassessing Tennant’s valuation after weaker share performance; this frames current moves as part fundamentals review rather than a single catalyst. Assessing Tennant’s Valuation
• Negative Sentiment: Sidoti sharply cut EPS forecasts across multiple quarters and years (examples: Q1 2026 cut from $1.30 to $0.41; Q2 2026 cut from $1.71 to $1.13; FY2026 cut from $6.39 to $4.81; FY2027 cut from $7.37 to $6.42). These downward revisions signal weaker near-term profitability expectations and are a primary driver of bearish sentiment. MarketBeat – Tennant Analyst Reports
• Negative Sentiment: Multiple law firms have announced securities‑fraud investigations into Tennant, alleging possible misstatements in financials/operations; such probes raise legal, disclosure and reputational risk and often weigh on stock performance until resolved. BusinessWire – Securities Fraud Investigation Announced PR Newswire – Pomerantz Investigation

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.