Tennant Company $TNC Shares Sold by UBS Group AG
UBS Group AG reduced its stake in Tennant Company (TNC) by 27.1% in the fourth quarter, selling 24,836 shares and ending with 66,671 shares valued at $4.9 million. Despite this, Tennant reported strong quarterly results, beating EPS and revenue expectations, and raised its full-year 2026 guidance. The company also announced a quarterly dividend and authorized a significant share repurchase program.
Tennant Company Balances ERP Pain With Robotics Gain
Tennant Company's Q1 earnings call revealed a dual narrative: significant short-term disruption from its North American ERP rollout but strong long-term prospects driven by robust demand and accelerating robotics growth. While profitability was compressed and cash flow was weak in Q1 due to the ERP implementation, the company saw strong order momentum and an impressive 85% year-over-year increase in autonomous mobile robot sales. Management reaffirmed its 2026 outlook, anticipating sequential improvement and margin recovery as ERP-related costs subside and the robotics segment continues its rapid expansion.
TNC Fraud Notice: Tennant is being Investigated for Securities Fraud after 23% Stock Drop -- Investors Reminded to Contact BFA Law
Bleichmar Fonti & Auld (BFA) Law announced an investigation into Tennant Company (NYSE:TNC) for potential federal securities law violations. This comes after Tennant's stock dropped 23% due to significant operational disruptions following the rollout of its new ERP system, which led to approximately $30 million in lost sales. Investors who purchased Tennant stock are encouraged to contact BFA Law to discuss their legal options regarding misleading statements made by the company about the ERP system's implementation.
Marsden Accelerates Startup Success with Tennant
Marsden South L.L.C. partnered with Tennant to overcome cleaning challenges for a new 350,000 square foot financial services office building in Georgia, which featured six different flooring types including a new European surface. By implementing Tennant's T300 orbital scrubber with ecH2O NanoClean™ technology and advising on strategic equipment placement, Marsden minimized equipment costs, reduced training time, and improved cleaning consistency. This collaboration ensured a smooth startup and long-term customer satisfaction for Marsden.
TNC SEC Filings - Tennant 10-K, 10-Q, 8-K Forms
This article provides an overview of Tennant Company's SEC filings, including 8-K, 10-K, and 10-Q reports, detailing their financial reporting, governance, and capital structure. It highlights recent filings from March 2026, which cover the upcoming 2026 annual meeting proxy votes, executive compensation, director changes, and several insider transaction reports involving stock dispositions for tax withholding and a significant share gift by the CEO, as well as a new 5% stake disclosure by the Gabelli group. The article also lists TNC's stock data and ranking.
Tennant’s X2 ROVR SCRUB Targets Smaller Spaces And Robotics Growth
Tennant Company has launched the X2 ROVR SCRUB, its smallest autonomous floor scrubber, to expand its robotics portfolio into commercial environments with limited space such as retail, grocery, and healthcare. This move aims to broaden Tennant's market reach beyond larger facilities and leverage its BrainOS Clean 2.0 autonomy platform to create a comprehensive robotics ecosystem. The company faces challenges with debt and profit margins but hopes this product expansion will drive robotics revenue growth and strengthen customer relationships.
This Insider Has Just Sold Shares In Tennant
Richard Zay, Senior VP & Chief Commercial Officer at Tennant Company, recently sold US$605k worth of shares, reducing his total holding by 20%. While this is the largest insider sale in the past year for Tennant, the company's insiders have been net buyers overall in the last twelve months, purchasing US$1.3m worth of shares against US$941k sold. Insiders own 2.2% of Tennant shares, indicating some alignment with shareholders.
[SCHEDULE 13G/A] TENNANT CO Amended Passive Investment Disclosure
Mairs and Power, Inc. has filed an amended Schedule 13G/A for Tennant Company (TNC), reporting beneficial ownership of 789,895 shares, which represents 4.4% of the common stock. This filing indicates that Mairs and Power, Inc. holds a passive investment, with sole voting power over 789,760 shares and sole dispositive power over 789,895 shares. The document clarifies this as a routine institutional ownership disclosure, as the stake remains below 5%.
Tennant’s X2 ROVR SCRUB Targets Smaller Spaces And Robotics Growth
Tennant (NYSE:TNC) has launched the X2 ROVR SCRUB, its smallest autonomous floor scrubber, designed for compact, high-traffic commercial spaces. This expansion aims to capture more granular cleaning use cases, leveraging the BrainOS Clean 2.0 autonomy platform and an established robotics ecosystem. The move reinforces Tennant's robotics-led growth strategy, amidst pressures on profit margins and cash flows.
Tennant Inquiry Alert: Investors with Losses after Company Discloses ERP System Issues are Urged to Contact BFA Law about its Pending Securities Investigation - NYSE:TNC
Bleichmar Fonti & Auld LLP (BFA Law) has launched an investigation into Tennant Company (NYSE:TNC) for potential federal securities law violations. This comes after Tennant's stock plummeted 23% due to critical issues with the rollout of its new ERP system, which led to significant operational disruptions and sales losses. Investors who suffered losses are encouraged to contact BFA Law to understand their legal options.
Tennant strengthens presence in Sweden through partnership with Johans Städmaskiner
Tennant Company has partnered with Johans Städmaskiner, a cleaning equipment specialist in Northern Sweden, to expand its presence and service capabilities in the Nordic region. This collaboration allows Johans Städmaskiner to offer Tennant's full range of cleaning solutions, including robotic systems, to customers in Norrland, managed by local service agreements. The partnership strengthens Tennant's regional growth strategy while marking a significant milestone for Johans Städmaskiner on its 40th anniversary.
Richard H Zay Takes Money Off The Table, Sells $605K In Tennant Stock
Richard H. Zay, Chief Commercial Officer at Tennant (NYSE: TNC), sold 6,875 shares of the company's stock for a total of $605,103. This insider transaction comes as Tennant's shares were down by 3.13% on Tuesday morning. The article also provides a financial overview of Tennant, highlighting its revenue growth, gross margin, EPS, debt management, and market capitalization, along with its valuation metrics like P/E, P/S, and EV/EBITDA ratios.
Vanguard Group Inc. Decreases Stock Holdings in Tennant Company $TNC
Vanguard Group Inc. reduced its stake in Tennant Company (NYSE:TNC) by 1.0% in the fourth quarter, selling 21,844 shares, though it still holds 2.15 million shares valued at $158.5 million. This comes as several institutional investors adjusted their holdings and company insiders made both purchases and sales. Tennant recently reported strong quarterly results and announced a stock buyback program along with a quarterly dividend.
Tennant (TNC) director awarded 1,490 restricted stock units
Tennant Co director Andrew P. Hider was awarded 1,490 restricted stock units on May 7, 2026, as non-cash compensation, with a stated price of $0.00 per share. This grant increases his direct holdings to 6,987 shares of Tennant common stock. The transaction is classified as a Non-Employee Director restricted stock unit grant, indicating it is part of his compensation rather than an open-market purchase.
Tennant Co (NYSE: TNC) director gets 1,490-share restricted stock award
Patrick E. Allen, a director at Tennant Co (NYSE: TNC), received a grant of 1,490 shares of common stock on May 7, 2026, as a non-employee director restricted stock unit award. This transaction, reported via a Form 4 SEC filing, increased his direct holdings in the company to 1,927 shares. The shares were awarded at a price of $0.00 per share, indicating it was part of his compensation package rather than a purchase.
Tennant Co CCO Richard Zay sells $605,103 in common stock
Richard H. Zay, CCO of Tennant Co (NASDAQ:TNC), sold 6,875 shares of company stock for approximately $605,103 on May 7, 2026. This transaction occurred near the stock's 52-week high, with shares trading at $85.98. The company recently reported mixed Q1 2026 earnings, with revenue exceeding forecasts but EPS falling short.
Tennant Co (TNC) director receives 1,490-share restricted stock unit grant
Tennant Company director James T. Glerum Jr. was granted 1,490 shares of common stock as a non-employee director restricted stock unit award. This grant, valued at $0.00 per share, is considered equity compensation and not a market purchase. Following this transaction, Glerum Jr. directly holds 10,090 shares of Tennant common stock.
Tennant Co (TNC) director receives 1,490-share restricted stock unit grant
Tennant Company director Carol S. Eicher received a grant of 1,490 restricted stock units (RSUs) on May 7, 2026. This award, valued at $0.00 per share as it was a grant and not a purchase, increased her direct holdings to 30,326 shares of Tennant common stock. The transaction is noted as routine equity-based compensation, not a discretionary market trade.
Form 4] TENNANT CO Insider Trading Activity
Tenant Co director Mark W. Sheahan reported an acquisition of 1,490 shares of Common Stock as a non-employee director restricted stock unit grant, with a stated price of $0.00 per share. This transaction increased his direct holdings to 4,348 shares of Common Stock and is categorized as routine equity-based compensation rather than an open-market trade. The Form 4 filing provides details of this grant, highlighting that it is standard compensation for a director.
Tennant Company Introduces X2 ROVR SCRUB for Autonomous Cleaning in Small, High-Traffic Spaces
Tennant Company has launched the X2 ROVR SCRUB, its smallest autonomous floor scrubber designed for consistent cleaning in tight, high-traffic commercial environments. This new robot expands Tennant's ROVR portfolio, supporting their goal to grow their robotics business to $250 million by 2028. The X2 ROVR SCRUB features intelligent autonomy from BrainOS® Clean 2.0, a complete dock ecosystem for increased automation, and simplified setup for ease of use.
Earnings call transcript: Tennant Company Q1 2026 misses EPS, revenue beats
In Q1 2026, Tennant Company reported an EPS of $0.58, missing the forecast of $0.94, but its revenue beat expectations at $297.9 million. The company's performance was impacted by an ERP implementation in North America, causing operational disruptions, yet its robotics division saw significant growth (85% year-over-year). Tennant reaffirmed its full-year guidance due to strong order momentum and ongoing ERP recovery efforts.
$TNC Investigation Reminder: Tennant Company Investigation on behalf of Investors is Ongoing – Contact BFA Law if You Lost Money
Bleichmar Fonti & Auld LLP is investigating Tennant Company (NYSE:TNC) for potential federal securities law violations after its stock dropped 23% in February 2026. This decline followed the revelation of severe operational disruptions caused by the rollout of Tennant's new ERP system in North America, leading to significant sales losses and remediation costs. The investigation focuses on whether Tennant made misleading statements to investors regarding the ERP system's implementation.
The 5 Most Interesting Analyst Questions From Tennant’s Q1 Earnings Call
Tennant's Q1 results showed operational stabilization in North America and strong robotics demand, despite gross margin pressure from an ERP system implementation. The company beat revenue and EPS estimates and reconfirmed its full-year guidance. Key analyst questions focused on the authenticity of order growth, the differentiation of Tennant's robotics, the impact of pricing actions on margins, and the sustainability of order strength.
What's Driving Tennant's Q4 Earnings Narrative
Tennant (TNC) is approaching its Q4 2025 earnings report with market optimism for a beat, despite cautious company guidance for declining organic sales and a history of recent misses. The company's strategic focus on Autonomous Mobile Robots (AMRs) and subscription models offers long-term growth potential, while analysts maintain a "Buy" rating with significant upside. Investors will closely watch for organic sales growth, AMR adoption, and full-year 2026 guidance to assess Tennant's ability to navigate macroeconomic pressures and achieve projected margin recovery.
Is Tennant’s Soft Q1 With Steady Guidance And Buybacks Altering The Investment Case For TNC?
Tennant Company reported soft Q1 2026 results with lower net sales and net income, but reaffirmed its full-year guidance and authorized further share buybacks. This decision, despite challenges like ERP recovery costs and litigation accruals, indicates management's confidence in operational stability and cash generation. The article explores how this sustained outlook and active buybacks impact Tennant’s investment narrative, noting that ERP-related risks remain despite supporting catalysts.
Sidoti Issues Optimistic Outlook for Tennant Earnings
Sidoti has raised its earnings estimates for Tennant Company, increasing Q2 2026 EPS to $1.27 and full-year estimates for 2026 and 2027 to $5.12 and $6.53 respectively, following Tennant's Q1 earnings beat. The industrial products company exceeded Q1 estimates with $0.58 EPS and $297.9 million in revenue, also maintaining its FY2026 guidance. Additionally, Tennant's board authorized a share repurchase plan and declared a quarterly dividend of $0.31, reflecting strong capital-return initiatives.
Tennant Company 2026 Q1 - Results - Earnings Call Presentation (NYSE:TNC)
Tennant Company (NYSE:TNC) has released its Q1 2026 earnings call presentation. The company reported an EPS of $0.58, beating estimates by $0.18, and revenue of $297.90M, surpassing expectations by $8.65M with a 2.72% year-over-year increase. The slide deck for this earnings call is available for review.
TNC (NYSE: TNC) insider propo ses sale of 6,875 shares tied to vesting awards
A Form 144 filing indicates a proposed sale of 6,875 shares of TNC (Tennant Company) common stock by Richard Zay, linked to compensatory award vesting. The shares, valued at an aggregate of $604,678.52, are slated for sale on May 8, 2026, stemming from awards granted in 2023 and 2024. The filing also notes 17,040,000 shares outstanding as of May 7, 2026.
Tennant Company (NYSE:TNC) Q1 2026 Earnings Call Transcript
Tennant Company (NYSE: TNC) reported strong Q1 2026 earnings, with orders up 10% year-over-year and robotics sales growing 85%, representing 9% of total net sales. The company successfully stabilized its North America ERP implementation, leading to improved gross margins and reaffirmed its full-year 2026 guidance. Tennant also executed a significant share repurchase program and extended its exclusivity agreement with Brain Corp until 2029, with plans to launch 10 new AMR products.
Comerica Bank Purchases 13,089 Shares of Tennant Company $TNC
Comerica Bank significantly increased its stake in Tennant Company (NYSE:TNC) by 106.5%, acquiring 13,089 additional shares, bringing its total to 25,379 shares valued at approximately $1.87 million. This increase follows Tennant's strong quarterly earnings, which surpassed analyst expectations, and coincides with the company's initiation of a share buyback program and a quarterly dividend announcement. Institutional ownership in Tennant remains high at 93.33%, with mixed sentiment among analysts who currently rate the stock as a "Hold."
$TNC Shareholder News: Tennant Company 23% Stock Drop Leads
Bleichmar Fonti & Auld LLP (BFA Law) is investigating Tennant Company (NYSE:TNC) for potential federal securities law violations following a 23% stock drop. The investigation centers on alleged false and misleading statements made by Tennant regarding the implementation of its new enterprise resource planning (ERP) system, which caused severe operational disruptions and significant financial loss. Investors who suffered losses are encouraged to contact BFA Law to discuss their legal options.
Tennant Co authorizes new share buyback of up to 2M shares
Tennant Co. (TNC) has authorized a new share repurchase program, allowing the company to buy back up to 2 million shares of its common stock. This move signals the management's confidence in the company's financial health and its dedication to enhancing shareholder value. The execution of the buyback will depend on market conditions and other relevant factors.
Tennant counting on big growth in commercial floor-cleaning robotics, despite competition
Tennant, an Eden Prairie-based company, aims to grow its robotics business to $250 million in annual sales within the next two years by introducing 10 new robotic cleaners. The company has created a dedicated venture and extended its partnership with Brain Corp. to accelerate its product roadmap and maintain leadership amidst increasing competition. This move comes as the company recorded an 85% increase in autonomous mobile robot sales in the first quarter, despite challenges from a software rollout that impacted overall quarterly sales and net income.
Why Tennant (TNC) Stock Is Up Today
Shares of Tennant Company (TNC) rose 2.9% after the industrial cleaning equipment manufacturer reported first-quarter 2026 financial results that exceeded analyst expectations for both revenue and earnings. Despite a decline in adjusted earnings year-over-year due to lower gross profit margins and increased operating expenses, the company reaffirmed its full-year 2026 guidance, providing a stable outlook for investors. The stock's current performance puts it close to its 52-week high, with a 13.9% gain since the beginning of the year.
Tennant Q1 2026 slides: ERP recovery on track amid margin pressure
Tennant Company reported challenging Q1 2026 results with a significant EPS miss due to ERP implementation headwinds, though revenue exceeded forecasts. Despite reduced profitability, the company's North America ERP recovery is on track, with improving gross margins and strong order growth. Tennant demonstrated confidence through a $60 million share repurchase and is heavily investing in its robotic cleaning initiatives, aiming for $250 million in AMR revenue by 2028.
Tennant (NYSE:TNC) Sets New 12-Month High on Earnings Beat
Tennant (NYSE:TNC) reached a new 52-week high after reporting stronger-than-expected Q1 earnings, with EPS of $0.58 against an estimated $0.40 and revenue of $297.9 million. The company reinforced shareholder returns by authorizing an additional 2.0 million share repurchase and declared a quarterly dividend of $0.31. Despite the positive financial performance, concerns have surfaced regarding reported ERP issues and a subsequent securities-law firm investigation.
Tennant Co. stock hits 52-week high at 86.53 USD
Tennant Company (NYSE: TNC) stock has reached a new 52-week high of $86.53, trading at $86.87 with a market capitalization of $1.54 billion. Despite recent disappointing Q4 2025 earnings due to ERP issues, the company demonstrates strong financial discipline with 33 consecutive years of dividend increases and plans for significant growth in its robotic floor care technology portfolio. InvestingPro analysis suggests the stock is currently undervalued with a Fair Value of $90.74.
Tennant Co authorizes new share buyback of up to 2M shares
This article states that Tennant Co has authorized a new share buyback program, allowing the company to repurchase up to 2 million shares of its common stock. This action is typically seen as a way for a company to return value to shareholders and potentially boost its stock price. Additional details about the buyback, such as duration or specific financial allocation, are not provided in this snippet.
Tennant (NYSE:TNC) Announces Quarterly Earnings Results, Beats Expectations By $0.18 EPS
Tennant (NYSE:TNC) reported strong quarterly earnings, beating analyst expectations with an EPS of $0.58 against an estimated $0.40, and revenue of $297.9 million against a $289.25 million consensus. The company also announced a quarterly dividend of $0.31 per share and updated its FY 2026 guidance. Insider buying activity has been noted, while analysts generally rate the stock as a "Hold."
Tennant authorizes repurchase of up to 2 million shares
Tennant Company's board of directors has authorized a share repurchase program for up to 2 million shares of common stock, effective April 29, 2026. This new authorization, combined with 560,000 shares remaining from a previous program, allows Tennant to repurchase up to 2.56 million shares, representing 15% of its basic shares outstanding. The company sees this as a reflection of confidence in its strategic direction and a commitment to balanced capital allocation, despite recently reporting disappointing Q4 2025 earnings.
Tennant Company Q1 2026: Revenue $297.9M, Adjusted EBITDA $29.1M, Adjusted EPS $0.58
Tennant Company reported first-quarter 2026 results showing net sales of $297.9 million, a 2.7% increase year-over-year, and adjusted EBITDA of $29.1 million. The company's adjusted diluted EPS was $0.58, and it noted ongoing improvements in ERP recovery. Tennant also reaffirmed its full-year 2026 guidance, highlighting strong end-market demand and significant capital allocation towards share repurchases and dividends.
Tennant: Q1 Earnings Snapshot
Tennant Co. (TNC) reported first-quarter earnings of $200,000, or 1 cent per share, with adjusted earnings at 58 cents per share. The company, which manufactures cleaning products, achieved revenue of $297.9 million. Tennant forecasts full-year earnings between $4.70 and $5.30 per share and revenue between $1.24 billion and $1.28 billion.
Tennant sales rose, but Q1 profit fell to $0.2M amid ERP fix
Tennant Company reported a 2.7% increase in Q1 2026 net sales to $297.9 million, but net income significantly dropped by 98.5% to $0.2 million due to ongoing ERP recovery impacts, elevated labor, and freight costs. Despite the profit decline, the company reaffirmed its full-year 2026 guidance, noting progress in ERP stabilization and strong order momentum with a 10% year-over-year increase. The report highlights operational improvements throughout the quarter and strategic capital deployment, including $60 million in share repurchases.
Tennant Company Board Authorizes Repurchase of Additional 2 Million Shares, Bringing Total Repurchase Capacity to Over 2.5 Million Shares
The Board of Directors of Tennant Company (NYSE: TNC) has authorized a new share repurchase program for up to 2 million shares, effective April 29, 2026. This new authorization, combined with approximately 560,000 shares remaining from a previous program, brings the total repurchase capacity to 2.56 million shares, representing 15% of currently outstanding basic shares. The move reflects the Board's confidence in the company's strategic direction and commitment to disciplined capital allocation and long-term shareholder value.
Tennant Company Board Authorizes Repurchase Of Additional 2 Million Shares, Bringing Total Repurchase Capacity To Over 2.5 Million Shares
Tennant Company's Board of Directors has approved the repurchase of an additional 2 million shares of its stock. This authorization increases the company's total share repurchase capacity to over 2.5 million shares. The move indicates management's confidence in the company's valuation and its commitment to returning value to shareholders.
Earnings Flash (TNC) Tennant Company Reports Q1 Revenue $297.9M, vs. FactSet Est of $289.2M
Tennant Company (TNC) reported its first-quarter revenue of $297.9 million, surpassing the FactSet estimate of $289.2 million. The company also expects its full-year 2026 revenue to be in the range of $1.24 billion to $1.28 billion. Additionally, Tennant announced that its board authorized the repurchase of an additional 2 million shares.
Tennant faces earnings test as ERP recovery takes focus
Tennant Company is preparing to report its first-quarter results, with investors keenly focused on the recovery from significant issues caused by a new Enterprise Resource Planning (ERP) system in North America. The company faces pressure to stabilize operations, manage increasing remediation costs, and provide clear full-year guidance after a disastrous fourth quarter that led to a substantial drop in share price and securities fraud investigations. Analysts are cautiously optimistic but are looking for concrete signs that Tennant can return to its historical growth trajectory.
$TNC Stock Drop Alert: Tennant Company Stock Plummeted 23%
Bleichmar Fonti & Auld LLP (BFA Law) has launched an investigation into Tennant Company (NYSE: TNC) for potential securities law violations after its stock dropped 23.4% on February 24, 2026. This significant decline was attributed to severe operational disruptions caused by the rollout of a new enterprise resource planning (ERP) system in North America, which led to approximately $30 million in lost sales and additional remediation costs. BFA Law is encouraging investors affected by this stock drop to contact them regarding potential legal options.
What To Expect From Tennant’s (TNC) Q1 Earnings
Tennant Company (TNC) is scheduled to report its Q1 earnings this Monday. Analysts expect the company's revenue to be flat year-on-year, a significant improvement from the previous year's decline, despite Tennant having missed revenue estimates multiple times in the past two years. The industrial machinery segment has shown positive sentiment recently, with Tennant's stock outperforming the average.
Tennant Shareholders Approve Directors, Auditor and Compensation
Tennant Company shareholders have approved the election of three directors for terms expiring in 2029, ratified Deloitte & Touche LLP as the independent auditor for fiscal year 2026, and gave advisory approval to the firm’s executive compensation plan. Over 93% of eligible shares were represented at the meeting. The most recent analyst rating for TNC stock is a Buy with a $91.00 price target.
