Tennant Company (TNC)

Tennant Co.'s stock price has declined by 9.03% over the past six months. Q3 2025 earnings report showed a decrease in net sales and net income, missing Wall Street's revenue expectations due to tariff volatility. Q2 2025 earnings report indicated a decrease in net sales and net income, driven by volume decreases across all geographies. Q1 2025 earnings report revealed that Tennant Company fell short of market revenue expectations.

Tennant Company's business experiences quarterly revenue fluctuations, with the first quarter typically being lower due to slow capital purchase ramp-up. The second and fourth quarters usually see higher revenues, while the third quarter is in the middle of the range. Recent earnings reports have highlighted a return to typical seasonal patterns in Q1 2025.

Tennant Company, established in 1870, is a global leader in designing, manufacturing, and marketing cleaning solutions. The company offers a range of products, including manual and autonomous cleaning equipment, sustainable cleaning technologies, and aftermarket services. Tennant is a U.S. market leader in cleaning equipment and a major manufacturer of autonomous mobile robots (AMRs) in the cleaning sector.

Tennant Company has a global presence with 11 manufacturing locations and operates in the Americas, EMEA, and APAC regions. The company sells its products directly in 21 countries and through distributors in over 100 countries. The Americas and EMEA regions have recently shown significant organic growth.

Tennant Company has a strong brand presence, recognized as a U.S. market leader in cleaning equipment. The company is committed to developing cleaning technologies that increase productivity, including autonomous solutions. Its focus on sustainable cleaning technologies reinforces its reputation as an industry innovator. Recent financial performance and tariff volatility could potentially impact investor confidence and brand perception.

Institutional investors hold over 93% of Tennant Company's shares, with BlackRock, Inc. holding a 15.35% stake. Insiders own 5.82% of the company's stock, with Chris Killingstad being the largest individual shareholder. Public companies and individual investors own approximately 4.75% of the stock.