Tennant (TNC) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Tennant (NYSE: TNC) recently:

• 8/25/2026 – Tennant was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 8/11/2026 – Tennant was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 8/10/2026 – Tennant was downgraded by Zacks Research from “strong-buy” to “strong sell”.
• 8/8/2026 – Tennant was downgraded by Wall Street Zen from “buy” to “hold”.

Tennant Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.31 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.24 annualized dividend and a dividend yield of 1.8%. Tennant’s dividend payout ratio (DPR) is currently 121.57%.

Insiders Place Their Bets

In other news, Director Timothy R. Morse purchased 1,500 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of $68.18 per share, for a total transaction of $102,270.00. Following the completion of the purchase, the director directly owned 10,614 shares in the company, valued at $723,662.52. The trade was a 16.46% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Donal L. Mulligan acquired 8,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average cost of $67.34 per share, with a total value of $538,720.00. Following the transaction, the director owned 16,000 shares in the company, valued at approximately $1,077,440. This trade represents a 100.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 3.50% of the stock is currently owned by insiders.

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.