Tennant (TNC)
Makes cleaning machines, service, parts, and robotics for commercial and industrial facilities.
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Sells mechanized floor-cleaning equipment, parts, consumables, service, and rental or leasing programs for nonresidential surfaces. The business is equipment-led, reaches customers through direct and distributor channels across the Americas, EMEA, and APAC, and is expanding autonomous cleaning with Brain Corp.
Designs, manufactures, sells, and services products for maintaining nonresidential surfaces, with one reportable segment spanning manual and autonomous floor-cleaning machines, detergent-free technologies, parts, consumables, field service, financing, rental, leasing, and asset-management tools.
Operations span the Americas, EMEA, and APAC, supported by global manufacturing and direct-plus-distributor sales channels. The brand portfolio includes Tennant, Nobles, IPC, Gaomei, Rongen, Alfa, and private-label brands.
Execution depends on equipment demand, parts and service attachment, manufacturing and distribution stability, and robotics commercialization. The autonomous cleaning push is tied to Brain Corp technology partnership and a dedicated Tennant Company Robotics organization.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Feb 26, 2026 | Freedom Broker | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $76.9M · Total debt $390.8M · Total assets $1.27B · Shareholders' equity $533.4M
- Revenue
- $324.0M
- Operating income
- $15.9M
- Net income
- $7.6M
HistoryDividendAnnual yield
| Institutions | 108.30% | 18.46M shares | |
|---|---|---|---|
| 246 holders · as of Jun 30, 2026 | |||
| Insiders | 2.49% | 424.6K shares | |
| 17 holders · as of Sep 11, 2026 | |||
| Adds to | 110.79% | ||
17.05M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 110.79%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.83% | 2.70M | as of Jun 30, 2026 |
Mairs and Power, Inc.Institution | 9.87% | 1.68M | filed Feb 14, 2022 |
AllianceBernstein L.P.Institution | 7.13% | 1.22M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.94% | 1.18M | as of Jun 30, 2026 |
FMR LLCInstitution | 5.76% | 982,418 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Timothy R. Morse | director | +1,500 | $68.18 |
| Aug 12, 2026 | Donal L. Mulligan | director | +8,000 | $67.34 |
| May 7, 2026 | Richard H. Zay | officer: CHIEF COMMERCIAL OFFICER | −6,875 | $88.02 |
| Feb 26, 2026 | David W. Huml | director, officer: PRESIDENT AND CEO | +4,000 | $64.39 |
| Feb 26, 2026 | David Windley | director | −3,694 | $63.86 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Tennant | $66.00 | −1.08% | $1.14B | 66.6 | 13.5 | 0.9 | +1.7% |
| Federal Signal | $113.86 | −1.58% | $7.06B | 24.9 | 21.0 | 2.9 | +18.7% |
| Alamo Group | $164.81 | −0.42% | $2.01B | 19.8 | 14.8 | 1.2 | +7.6% |
| Ecolab | $275.00 | −0.44% | $77.74B | 37.1 | 31.8 | 4.6 | +9.7% |
| Median | 24.9 | 21.0 | 2.9 | +9.7% |