TNC
Tennant Co (TNC)
NYSE
$88.47-$1.69 (-1.87%)
Price as of Jun 23, 2026 4:10 PM EDT
  • $1.5B
    Market Cap
  • 19.69%
    1-Year Change
  • Specialty Industrial Machinery
    Industry

Key Performance

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  • Earnings Score: 29
  • Momentum Score: 61
  • True Yield: 59
  • Financial Health Score: 0
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Latest Research & News

$TNC Stock News: Tennant Company Investigated for Securities Fraud Following ERP System Issues – Investors Notified to Contact BFA Law

Tennant Company (NYSE: TNC) is under investigation for potential securities fraud related to misleading statements about its ERP system implementation. The company's stock dropped 23.4% on February 24, 2026, after revealing severe operational disruptions in North America caused by the ERP rollout, resulting in $30 million in lost sales and requiring $20 million in remediation costs instead of the planned $5 million.

04/03/2026, 6:46 AMGlobeNewswire

Tennant Company (TNC) Scrutinized Amid Surprise Functionality Issues in North America Enterprise Resource Planning, Stock Tanks 23% -- Hagens Berman

Tennant Company's stock plummeted 23% on February 24, 2026, after revealing significant problems with its North America ERP system that went live in early November 2025. The system failures limited order entry, shipping, and customer service capabilities, resulting in an estimated $30 million impact on net sales. The company's 2025 net income fell 47% year-over-year, with Q4 showing a net loss. Hagens Berman is investigating whether Tennant violated securities laws by failing to disclose these issues despite expressing confidence about the ERP modernization in November 2025.

04/01/2026, 12:44 PMGlobeNewswire

Securities Fraud Investigation Into Tennant Company (TNC) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

Glancy Prongay Wolke & Rotter LLP continues investigating Tennant Company for possible federal securities law violations. On February 23, 2026, Tennant reported full-year 2025 EPS of $0.48, missing consensus by $1.22, and revenue of $291.6 million, missing estimates by $28.85 million. The company attributed the shortfall to an ERP system implementation that caused order-management disruptions, manufacturing scheduling issues, and customer delays. The stock fell $19.28 (23.4%) to $63.02 on the news.

03/17/2026, 4:00 PMBenzinga

Securities Fraud Investigation Into Tennant Company (TNC) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz is investigating Tennant Company for potential federal securities law violations. On February 23, 2026, Tennant reported significantly disappointing 2025 financial results with EPS of $0.48 (missing estimates by $1.22) and revenue of $291.6 million (missing estimates by $28.85 million). The company attributed the shortfall to an ERP system implementation that caused order-management disruptions, manufacturing scheduling issues, and customer delays. The stock fell 23.4% to $63.02 on the news.

03/17/2026, 2:21 PMBenzinga

Tennant Company (TNC) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Tennant Company (NYSE: TNC) is under investigation for possible federal securities law violations following a significant stock price decline of 23.4% on February 24, 2026. The company reported disappointing 2025 financial results with EPS of $0.48 (missing estimates by $1.22) and revenue of $291.6 million (missing estimates by $28.85 million), attributed to operational challenges from a new enterprise resource planning (ERP) system implementation that caused order-management disruptions, manufacturing scheduling issues, and customer delays.

03/17/2026, 2:15 PMBenzinga

TENNANT INVESTOR ALERT: Bragar Eagel & Squire, P.C. is Investigating Tennant Company on Behalf of Tennant Stockholders and Encourages Investors to Contact the Firm

Law firm Bragar Eagel & Squire is investigating Tennant Company for potential securities law violations following a significant stock price decline. Tennant reported sharp declines in sales and earnings after an ERP system transition in November disrupted operations, with management estimating $30 million in lost sales, half of which may be unrecoverable due to strained customer relationships. The stock fell 23.43% on the news.

03/03/2026, 8:06 PMGlobeNewswire

TNC Investors Have Opportunity to Join Tennant Company Fraud Investigation with the Schall Law Firm

The Schall Law Firm is investigating Tennant Company (NYSE: TNC) for potential securities law violations. Tennant released 2025 full-year financial results on February 23, 2026, significantly missing consensus estimates on revenue and earnings per share. The company attributed the miss to problems with its new enterprise resource planning (ERP) system that caused prolonged customer delays. Following this announcement, Tennant's stock fell 23.4% the next day.

03/01/2026, 4:41 PMBenzinga

Securities Fraud Investigation Into Tennant Company (TNC) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm

Glancy Prongay Wolke & Rotter LLP announced a securities fraud investigation into Tennant Company following the company's February 23, 2026 earnings miss. Tennant reported EPS of $0.48 (missing estimates by $1.22) and revenue of $291.6 million (missing estimates by $28.85 million), attributing the shortfall to unexpected challenges from its new ERP system including order-management disruptions and manufacturing scheduling issues. The stock fell 23.4% on the news.

02/26/2026, 1:09 PMBenzinga

Tennant Company (TNC) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Law Offices of Howard G. Smith announced an investigation into Tennant Company (NYSE: TNC) for possible violations of federal securities laws. The investigation follows Tennant's February 23, 2026 earnings report, which significantly missed consensus estimates with EPS of $0.48 (vs. $1.70 expected) and revenue of $291.6 million (vs. $320.45 million expected). The company attributed the poor results to an enterprise resource planning (ERP) system implementation that caused order-management disruptions, manufacturing scheduling issues, and customer delays. Tennant's stock fell 23.4% to $63.02 per share on the news.

02/25/2026, 5:16 PMBenzinga

Why Tennant Stock Is Plummeting Today

Tennant Company's stock plummeted 26% after reporting weak Q4 earnings due to an ERP system transition that disrupted operations in November. Sales and adjusted EPS declined 11% and 68% respectively, with management estimating roughly half of the $30 million in lost sales to be unrecoverable due to strained customer relationships. The company expects stabilization by Q2 2026 and projects 3-6.5% organic sales growth for the year, but faces challenges as a Dividend King stock.

02/24/2026, 2:16 PMThe Motley Fool

This Fund Just Took a $5.5 Million Stake in a Turnaround Stock Up 143% This Past Year

Vision One Management Partners acquired a $5.5 million stake in Enviri Corporation, a provider of environmental solutions for industrial waste streams, during Q3. The stock has risen 143% in the past year despite ongoing financial challenges.

11/23/2025, 10:27 AMThe Motley Fool

Trends & Strategies Shaping the $3.81 Billion Industrial Floor Scrubbers Market in 2025: Analysis of Investment Opportunities to 2030

The global industrial floor scrubber market is projected to grow from $3.81 billion in 2025 to $4.68 billion by 2030, with a 4.18% CAGR, driven by technological advancements and expanding applications across various industry verticals.

08/20/2025, 4:56 AMGlobeNewswire

Peers

Statistics

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Day Range
$90.03
$91.64
$90.15
1-Year Range
$60.91
$90.75
$90.15
Latest Close$90.15
Change
-$0.60 (-0.67%)
Volume176,266
Market Cap$1.5B
Shares Outstanding17.0M
P/E (TTM)53.37
Diluted EPS (TTM)$1.69
Enterprise Value$1.8B

Information as of 06/22/2026

Company Profile

$1.5B
Market Cap
$30.9M
Net Income
Sector: Industrials
Industry: Specialty Industrial Machinery
10400 Clean Street, Eden Prairie, MN, United States, 55344-2650
763 540 1200

Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers manual and autonomous mechanized cleaning equipment for industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, and equipment maintenance and repair services. It also provides business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. In addition, the company offers robotic cleaning equipment; IRIS, an asset management solution; ec-H2O NanoClean, a detergent-free cleaning solution; and ReadySpace, a rapid-drying carpet cleaning technology. It offers its products under the Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei, and Rongen brands, as well as private-label brands. The company serves retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, hospitals and clinics, and others. It markets its products to contract cleaners and businesses through direct sales and service organizations, as well as through a network of authorized distributors. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.

Key Executives

  • David W. Huml
  • Fay West
  • Kristin A. Erickson
  • Richard H. Zay
  • Barb Balinski

Current Ownership Distribution

  • Institutions314.7M (71.90%)
  • Mutual Funds122.1M (27.89%)
  • Insiders918,150 (0.21%)
  • Other0 (0.00%)