Several analysts have recently updated their ratings and price targets for Tennant (NYSE: TNC):
- 2/28/2026 – Tennant was downgraded by Wall Street Zen from “buy” to “hold”.
- 2/26/2026 – Tennant was downgraded by Zacks Research from “hold” to “strong sell”.
- 2/26/2026 – Tennant was downgraded by Freedom Capital from “strong-buy” to “hold”.
- 2/25/2026 – Tennant had its “buy” rating reaffirmed by Roth Mkm. They now have a $91.00 price target on the stock, down from $107.00.
Tennant Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be given a $0.31 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.24 annualized dividend and a yield of 2.0%. Tennant’s payout ratio is currently 52.99%.
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.
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