tennant company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. with a vision to become a global leader in chemical-free cleaning and other technologies, tennant creates innovative solutions that are changing the way the world cleans. tennant products include equipment used to maintain indoor and outdoor surfaces, as well as tennanttrue® financing solutions, equipment, parts, service, and maintenance to help ensure superior cleaning performance from your tennant machines. products are marketed under the tennant®, nobles®, green machines®, orbio® and alfa brands. founded in 1870 by george h. tennant, tennant company began as a one-man woodworking business, evolved into a successful wood flooring and wood products company, and eventually into a manufacturer of floor cleaning equipment. throughout its history, tennant has remained focused on advancing its industry by aggressively pursuing new technologies and
Company profile
Ticker
TNC
Exchange
Website
CEO
H. Chris Killingstad
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Anhui Rongen Environmental Protection Technology Co., Ltd. • Applied Kehrmaschinen GmbH • Applied Sweepers Holdings Limited • CT Corporation Ltd. • Hefei Gaomei Cleaning Machines Co., Ltd. • Hofmans Machinefabriek en Constructiebedrijf B.V. • IP Cleaning Espana S.L. • IP Cleaning India Pvt. Ltd. • IP Cleaning S.r.l. • IP Cleaning Sverige AB ...
IRS number
410572550
TNC stock data
Latest filings (excl ownership)
8-K
Tennant Company Appoints New Board Member
16 May 24
S-8
Registration of securities for employees
3 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Tennant Company Reports First Quarter 2024 Results
3 May 24
8-K
Departure of Directors or Certain Officers
2 May 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Tennant Company Reports Record 2023 Fourth-Quarter and Full-Year Results
22 Feb 24
10-Q
2023 Q3
Quarterly report
31 Oct 23
Transcripts
TNC
Earnings call transcript
2024 Q1
3 May 24
TNC
Earnings call transcript
2023 Q4
22 Feb 24
TNC
Earnings call transcript
2023 Q3
31 Oct 23
TNC
Earnings call transcript
2023 Q2
4 Aug 23
TNC
Earnings call transcript
2023 Q2
4 Aug 23
TNC
Earnings call transcript
2023 Q1
28 Apr 23
TNC
Earnings call transcript
2022 Q4
23 Feb 23
TNC
Earnings call transcript
2022 Q3
27 Oct 22
TNC
Earnings call transcript
2022 Q2
10 Aug 22
TNC
Earnings call transcript
2022 Q1
30 Apr 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 88.80 mm | 88.80 mm | 88.80 mm | 88.80 mm | 88.80 mm | 88.80 mm |
Cash burn (monthly) | 9.43 mm | 216.67 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 16.65 mm | 382.34 k | n/a | n/a | n/a | n/a |
Cash remaining | 72.15 mm | 88.42 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 7.6 | 408.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
6.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 24 |
Opened positions | 1 |
Closed positions | 192 |
Increased positions | 5 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 26.33 bn |
Total shares | 1.13 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
PrimeStone Capital | 761.37 k | $61.15 mm |
Charles Schwab Trust | 184.15 k | $17.07 bn |
Kopion Asset Management | 50.90 k | $4.72 mm |
Allspring Global Investments | 37.16 k | $3.44 bn |
North Star Investment Management | 17.98 k | $1.67 bn |
Raymond James & Associates | 13.36 k | $1.24 bn |
State of Alaska, Department of Revenue | 11.49 k | $1.07 mm |
New York State Teachers Retirement System | 11.00 k | $1.02 mm |
Albert D Mason | 9.51 k | $882.00 k |
Tectonic Advisors | 6.08 k | $563.84 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Mark W Sheahan | Common Stock | Grant | Acquire A | No | No | 0 | 1,043 | 0.00 | 1,043 |
8 May 24 | Eicher Carol S | Common Stock | Grant | Acquire A | No | No | 0 | 1,073 | 0.00 | 26,613 |
8 May 24 | Arvani Azita | Common Stock | Grant | Acquire A | No | No | 0 | 1,073 | 0.00 | 15,238 |
8 May 24 | Mulligan Donal L | Common Stock | Grant | Acquire A | No | No | 0 | 1,073 | 0.00 | 17,788 |
News
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22 May 24
RBC Bearings Q4 Earnings Surpass Estimates, Up Y/Y
20 May 24
EF Hutton Maintains Buy on Tennant, Announces $150 Price Target
6 May 24
Tennant Q1 2024 Adj EPS $1.81 Beats $1.42 Estimate, Sales $311.000M Beat $310.467M Estimate
3 May 24
Press releases
Tennant Company Appoints New Board Member
15 May 24
Tennant Company Announces Grand Prize Winner in Fifth Annual Custodians Are Key Program
14 May 24
Tennant Company Hosting Investor Day at NYSE
13 May 24
Tennant Company Announces Senior Leadership Updates to Direct ERP Transformation and Drive Product Innovation
3 May 24
Tennant Company Reports First Quarter 2024 Results
3 May 24