TNC Tennant Company

Corient Private Wealth LLC has acquired 15,654 shares of Tennant Company (NYSE:TNC) worth approximately $1.21 million, establishing a new position in the industrial products company. This purchase represents about 0.08% of Tennant. The company recently increased its quarterly dividend to $0.31 per share and has a "Hold" average rating from analysts with a consensus target price of $102.00.

Tennant Company, an industrial cleaning equipment manufacturer, announced a 5.1% increase in its quarterly cash dividend to $0.31 per share, marking the 54th consecutive year of annual increases. This payout boost comes despite a 5.4% organic decline in Q3 revenues, offset by resilient profitability with a 120 basis point expansion in Adjusted EBITDA margin and strong cash flow generation. Analysts maintain a "Strong Buy" rating with a significant upside potential, though the stock's future hinges on international demand and margin performance amidst mixed technical signals.

Tennant Company has set its full-year net sales target between $1.21 billion and $1.25 billion, expecting adjusted EPS in the range of $5.30 to $5.90. This outlook reflects anticipated growth in robotics and digital transformation efforts despite ongoing tariff volatility. The company aims to capitalize on innovative solutions and market expansion.

Tennant Company's share price return over three years has lagged the market, with a 29% gain compared to an average market return from buying a low-cost index fund. While the share price increased by 9% annually, EPS grew by 3.5%, indicating the market has a higher opinion of the business than before. Including dividends, Tennant's Total Shareholder Return (TSR) was 34% over the last three years, outperforming its share price return.

Tennant Company (NYSE:TNC) has seen its share price return of 29% over three years lag behind the broader market. While the company's earnings per share grew by 3.5% annually over the same period, the share price gained 9% per year, indicating a higher market sentiment. However, including dividends, Tennant's Total Shareholder Return (TSR) for the last three years was 34%, surpassing the share price return alone.

Tennant Company (NYSE: TNC) has seen its share price return of 29% over three years lag the market, and the stock is down 7.7% in the last year. Despite a 3.5% annual compound EPS growth, the share price gain of 9% yearly suggests the market has a higher opinion of the business than before. The Total Shareholder Return (TSR) for Tennant over the last three years is 34%, largely due to dividend payments, which presents a more complete picture for dividend-paying stocks.