Tennant Co (TNC) shareholders
TNCNYSERefrigeration & Service Industry MachineryFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 8/30109% above fair value
$75.03−1.22 (-1.60%)
Close on Nov 12, 2026Market cap $1.28BP/E 74.3Yield 1.59%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
18M of 17M shares
Institutional holders
239
45 new, 19 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
9 buys · 4 sales
Net bought $882.10K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 2,821,467 | 15.00% | 13G (passive) amendment | Mar 31, 2025 |
| Abigail P. Johnson Joint filing with FMR LLC (8.80%) | 1,496,065 | 8.80% | 13G (passive) amendment | Sep 30, 2026 |
| AllianceBernstein L.P. | 1,216,305 | 7.10% | 13G (passive) | Jun 30, 2026 |
| Vanguard Portfolio Management | 1,195,992 | 6.64% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 957,759 | 5.31% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TNC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,698,829 | 15.83% | $236.26M | −27,123 | 0.00% |
| Alliancebernstein L.P. | 1,216,305 | 7.13% | $80.76M | +1,178,547 | 0.03% |
| Vanguard Portfolio Management LLC | 1,182,875 | 6.94% | $103.55M | −6,152 | 0.00% |
| FMR LLC | 982,418 | 5.76% | $86.00M | +293,705 | 0.00% |
| Vanguard Capital Management LLC | 767,007 | 4.50% | $67.14M | −49,608 | 0.00% |
| State Street Corp | 711,400 | 4.17% | $62.28M | +12,001 | 0.00% |
| Gamco Investors, Inc. Et Al | 701,100 | 4.11% | $61.37M | −5,300 | 0.55% |
| Mairs & Power Inc | 681,800 | 4.00% | $59.68M | −121,664 | 0.55% |
| Dimensional Fund Advisors LP | 661,114 | 3.88% | $57.87M | +26,956 | 0.01% |
| American Century Companies Inc | 541,413 | 3.18% | $47.40M | −44,112 | 0.02% |
| Geode Capital Management, LLC | 474,583 | 2.78% | $41.55M | +10,436 | 0.00% |
| Vision One Management Partners, LP | 391,593 | 2.30% | $34.28M | – | 12.34% |
| Simcoe Capital Management, LLC | 383,000 | 2.25% | $33.53M | +10,050 | 6.10% |
| Brown Advisory Inc | 367,684 | 2.16% | $32.19M | −75,550 | 0.05% |
| Bank of New York Mellon Corp | 326,275 | 1.91% | $28.56M | −6,912 | 0.00% |
| Silvercrest Asset Management Group LLC | 273,497 | 1.60% | $23.94M | −10,562 | 0.16% |
| First Eagle Investment Management, LLC | 265,714 | 1.56% | $23.26M | +233,658 | 0.02% |
| Charles Schwab Investment Management Inc | 251,576 | 1.48% | $22.02M | −3,645 | 0.00% |
| Morgan Stanley | 245,049 | 1.44% | $21.45M | +121,467 | 0.00% |
| Needham Investment Management LLC | 242,500 | 1.42% | $21.23M | +13,500 | 0.64% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 239 | 18M | 100.0% | 45 / 64 | 92 / 19 | 3M | 2M |
| Q1 2026 | 218 | 17M | 100.0% | 29 / 84 | 82 / 58 | 5M | 3M |
| Q4 2025 | 253 | 17M | 100.0% | 24 / 76 | 111 / 30 | 1M | 2M |
| Q3 2025 | 261 | 18M | 100.0% | 32 / 89 | 91 / 18 | 1M | 1M |
| Q2 2025 | 249 | 18M | 100.0% | 38 / 82 | 96 / 36 | 1M | 1M |
| Q1 2025 | 249 | 18M | 100.0% | 25 / 84 | 100 / 35 | 2M | 2M |
| Q4 2024 | 261 | 18M | 100.0% | 34 / 108 | 84 / 27 | 2M | 2M |
| Q3 2024 | 257 | 18M | 100.0% | 31 / 87 | 101 / 24 | 4M | 1M |
| Q2 2024 | 251 | 18M | 100.0% | 35 / 93 | 88 / 33 | 1M | 1M |
| Q1 2024 | 250 | 18M | 100.0% | 44 / 77 | 98 / 30 | 2M | 2M |
| Q4 2023 | 237 | 18M | 100.0% | 37 / 85 | 84 / 14 | 2M | 2M |
| Q3 2023 | 214 | 18M | 100.0% | 37 / 78 | 68 / 11 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
275 funds held TNC in Q2 2026, 44% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of TNC | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,026,762 | 6.02% | $89.88M | 0.08% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 539,731 | 3.17% | $47.25M | 0.00% | Jun 30, 2026 |
| 1290 VT GAMCO Small Company Value Portfolio | 526,700 | 3.09% | $46.11M | 1.03% | Jun 30, 2026 |
| Fidelity Low-Priced Stock Fund | 500,631 | 2.94% | $42.07M | 0.17% | Jul 31, 2026 |
| iShares Russell 2000 ETF | 465,883 | 2.73% | $40.78M | 0.05% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 432,853 | 2.54% | $37.27M | 0.14% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 390,447 | 2.29% | $34.18M | 0.02% | Jun 30, 2026 |
| Mairs & Power Fund | 386,664 | 2.27% | $33.85M | 0.61% | Jun 30, 2026 |
| AB Discovery Value Fund | 279,771 | 1.64% | $24.49M | 0.95% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 196,189 | 1.15% | $16.49M | 0.05% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 195,916 | 1.15% | $17.15M | 0.02% | Jun 30, 2026 |
| Brown Advisory Small-Cap Fundamental Value Fund | 169,565 | 0.99% | $14.84M | 1.20% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 168,624 | 0.99% | $14.76M | 0.10% | Jun 30, 2026 |
| The Gabelli Small Cap Growth Fund | 166,000 | 0.97% | $14.53M | 0.76% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 156,571 | 0.92% | $13.71M | 0.08% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| David W. Huml | PRESIDENT AND CEO, Director | 138,559 | 0.81% | Mar 10, 2026 |
| Richard H. Zay | SVP, COO | 30,225 | 0.18% | Sep 11, 2026 |
| Patrick W. Schottler | SVP, Robotics | 13,857 | 0.08% | Sep 11, 2026 |
| Barb Balinski | SVP, Chief Transf Officer | 19,218 | 0.11% | Mar 3, 2026 |
| Fay West | SENIOR VP, CFO | 48,253 | 0.28% | Mar 3, 2026 |
| Kristin A. Erickson | SVP, CHRO & GC | 25,176 | 0.15% | Mar 3, 2026 |
| Brock R. Christianson | SVP, CHIEF HR OFFICER | 6,315 | 0.04% | Feb 25, 2025 |
| Patrick E. Allen | Director | 4,927 | 0.03% | Sep 23, 2026 |
| Donal L. Mulligan | Director | 38,175 | 0.22% | Aug 13, 2026 |
| Timothy R. Morse | Director | 10,614 | 0.06% | Aug 13, 2026 |
| Mark W. Sheahan | Director | 4,348 | 0.03% | May 11, 2026 |
| Maria C. Green | Director | 12,709 | 0.07% | May 11, 2026 |
| Azita Arvani | Director | 18,925 | 0.11% | May 11, 2026 |
| David Windley | Director | 8,912 | 0.05% | May 11, 2026 |
| Carol S. Eicher | Director | 30,326 | 0.18% | May 11, 2026 |
| James T. Glerum Jr. | Director | 10,090 | 0.06% | May 11, 2026 |
| Andrew P. Hider | Director | 6,987 | 0.04% | May 11, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Patrick E. Allen Director | Aug 31, 2026 | Buy | +3,000 | $69.42 | $208.26K | 4,927 |
| Timothy R. Morse Director | Aug 12, 2026 | Buy | +1,500 | $68.18 | $102.27K | 10,614 |
| Donal L. Mulligan Director | Aug 12, 2026 | Buy | +8,000 | $67.34 | $538.72K | 16,000 |
| Richard H. Zay SVP, COO | Aug 10, 2026 | Award | +2,707 | – | – | 30,225 |
| Patrick W. Schottler SVP, Robotics | Aug 10, 2026 | Award | +2,707 | – | – | 13,857 |
| Maria C. Green Director | May 7, 2026 | Award | +1,490 | – | – | 12,709 |
| James T. Glerum Jr. Director | May 7, 2026 | Award | +1,490 | – | – | 10,090 |
| Patrick E. Allen Director | May 7, 2026 | Award | +1,490 | – | – | 1,927 |
| Azita Arvani Director | May 7, 2026 | Award | +1,490 | – | – | 18,925 |
| Richard H. Zay CHIEF COMMERCIAL OFFICER | May 7, 2026 | Sale | −6,875 | $88.02 | $605.14K | 27,518 |
| David Windley Director | May 7, 2026 | Award | +1,490 | – | – | 8,912 |
| Timothy R. Morse Director | May 7, 2026 | Award | +1,490 | – | – | 9,114 |
| Mark W. Sheahan Director | May 7, 2026 | Award | +1,490 | – | – | 4,348 |
| Carol S. Eicher Director | May 7, 2026 | Award | +1,490 | – | – | 30,326 |
| Andrew P. Hider Director | May 7, 2026 | Award | +1,490 | – | – | 6,987 |
| Donal L. Mulligan Director | May 7, 2026 | Award | +1,490 | – | – | 22,175 |
| Donal L. Mulligan Director | Apr 14, 2026 | Option exercise | +3,538 | $54.70 | $193.53K | 23,141 |
| Donal L. Mulligan Director | Apr 14, 2026 | Tax withholding | −2,456 | $78.81 | $193.56K | 20,685 |
| David W. Huml PRESIDENT AND CEO, Director | Mar 6, 2026 | Gift | +26,755 | – | – | 72,930 |
| David W. Huml PRESIDENT AND CEO, Director | Mar 6, 2026 | Gift | −26,755 | – | – | 65,629 |
| James T. Glerum Jr. Director | Mar 2, 2026 | Buy | +8,163 | $61.25 | $499.98K | 8,600 |
| Fay West SENIOR VP, CFO | Feb 28, 2026 | Tax withholding | −945 | $61.03 | $57.67K | 48,253 |
| Patrick W. Schottler SVP, Chief Mktg & Tech Officer | Feb 28, 2026 | Tax withholding | −194 | $61.03 | $11.84K | 11,150 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 28, 2026 | Tax withholding | −4,268 | $61.03 | $260.48K | 92,384 |
| Barb Balinski SVP, Chief Transf Officer | Feb 28, 2026 | Tax withholding | −451 | $61.03 | $27.52K | 19,218 |
| Richard H. Zay CHIEF COMMERCIAL OFFICER | Feb 28, 2026 | Tax withholding | −840 | $61.03 | $51.27K | 34,393 |
| Kristin A. Erickson SVP, CHRO & GC | Feb 28, 2026 | Tax withholding | −514 | $61.03 | $31.37K | 25,176 |
| Azita Arvani Director | Feb 27, 2026 | Option exercise | +3,538 | $54.70 | $193.53K | 20,591 |
| Azita Arvani Director | Feb 27, 2026 | Sale | −3,156 | $61.40 | $193.78K | 17,435 |
| Donal L. Mulligan Director | Feb 27, 2026 | Buy | +3,000 | $61.61 | $184.83K | 8,000 |
| Patrick E. Allen Director | Feb 26, 2026 | Award | +437 | – | – | 437 |
| Patrick W. Schottler SVP, Chief Mktg & Tech Officer | Feb 26, 2026 | Award | +4,519 | – | – | 11,344 |
| Patrick W. Schottler SVP, Chief Mktg & Tech Officer | Feb 26, 2026 | Tax withholding | −552 | $62.73 | $34.63K | 6,825 |
| Patrick W. Schottler SVP, Chief Mktg & Tech Officer | Feb 26, 2026 | Award | +1,537 | – | – | 7,377 |
| James T. Glerum Jr. Director | Feb 26, 2026 | Award | +437 | – | – | 437 |
| Barb Balinski SVP, Chief Transf Officer | Feb 26, 2026 | Award | +4,429 | – | – | 19,669 |
| Barb Balinski SVP, Chief Transf Officer | Feb 26, 2026 | Award | +5,579 | – | – | 17,050 |
| Barb Balinski SVP, Chief Transf Officer | Feb 26, 2026 | Tax withholding | −1,810 | $62.73 | $113.54K | 15,240 |
| Kristin A. Erickson SVP, CHRO & GC | Feb 26, 2026 | Tax withholding | −2,013 | $62.73 | $126.28K | 20,532 |
| Kristin A. Erickson SVP, CHRO & GC | Feb 26, 2026 | Award | +5,158 | – | – | 25,690 |
| Kristin A. Erickson SVP, CHRO & GC | Feb 26, 2026 | Award | +6,366 | – | – | 22,545 |
| Fay West SENIOR VP, CFO | Feb 26, 2026 | Award | +11,697 | – | – | 45,009 |
| Fay West SENIOR VP, CFO | Feb 26, 2026 | Tax withholding | −3,646 | $62.73 | $228.71K | 41,363 |
| Fay West SENIOR VP, CFO | Feb 26, 2026 | Award | +7,835 | – | – | 49,198 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 26, 2026 | Buy | +175 | $65.48 | $11.46K | 67,958 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 26, 2026 | Award | +28,694 | – | – | 96,652 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 26, 2026 | Buy | +1,225 | $65.01 | $79.64K | 67,783 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 26, 2026 | Buy | +2,600 | $64.02 | $166.45K | 66,558 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 26, 2026 | Tax withholding | −13,807 | $62.73 | $866.11K | 63,958 |
| David W. Huml PRESIDENT AND CEO, Director | Feb 26, 2026 | Award | +35,472 | – | – | 77,765 |
| Donal L. Mulligan Director | Feb 26, 2026 | Buy | +5,000 | $63.86 | $319.30K | 5,000 |
| Carol S. Eicher Director | Feb 26, 2026 | Sale | −3,130 | $61.98 | $194.00K | 28,836 |
| Carol S. Eicher Director | Feb 26, 2026 | Option exercise | +3,538 | $54.70 | $193.53K | 31,966 |
| Richard H. Zay CHIEF COMMERCIAL OFFICER | Feb 26, 2026 | Award | +7,105 | – | – | 35,233 |
| Richard H. Zay CHIEF COMMERCIAL OFFICER | Feb 26, 2026 | Award | +10,399 | – | – | 31,397 |
| Richard H. Zay CHIEF COMMERCIAL OFFICER | Feb 26, 2026 | Tax withholding | −3,269 | $62.73 | $205.06K | 28,128 |
| David Windley Director | Feb 26, 2026 | Sale | −3,694 | $63.86 | $235.90K | 7,422 |
| David Windley Director | Feb 26, 2026 | Option exercise | +707 | $52.42 | $37.06K | 7,578 |
| David Windley Director | Feb 26, 2026 | Option exercise | +3,538 | $54.70 | $193.53K | 11,116 |
| Patrick W. Schottler SVP, Chief Mktg & Tech Officer | Nov 3, 2025 | Tax withholding | −153 | $80.00 | $12.24K | 5,840 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
8.35%
1M shares short
Days to cover
8.3
At 0M shares a day
Change since last report
-1.6%
From 1M shares
Short volume, 20 days
61.1%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Tennant's stock actually held short. Settlement fails (shares not delivered on time) peaked at 11,557 shares on Sep 4, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Richard H. Zay Officer | May 7, 2026 | 6,875 | $604.68K | May 7, 2026 | Employment related - restricted award vesting |
| Azita Arvani Director | Feb 27, 2026 | 3,156 | $31.32K | Feb 27, 2026 | Employee Stock Option |
| Carol S. Eicher Director | Feb 26, 2026 | 3,130 | $193.81K | Feb 26, 2026 | Vesting of a stock award |
| David Windley Director | Feb 26, 2026 | 3,694 | $235.68K | Feb 26, 2026 | Vesting of a stock award |
| Richard H. Zay Officer | Aug 19, 2025 | 4,042 | $336.32K | Aug 19, 2025 | Vesting of a Stock Award |
| Barb Balinski Officer | Feb 28, 2025 | 1,717 | $148.38K | Feb 28, 2025 | Vesting of a Stock Award |
| Azita Arvani Director | Feb 28, 2025 | 2,358 | $200.95K | Feb 28, 2025 | Exercise of a Stock Award |
| Richard H. Zay Officer | Feb 24, 2025 | 7,053 | $617.67K | Feb 24, 2025 | Exercise of a Stock Award |
| Barb Balinski Officer | Aug 28, 2024 | 1,500 | $144.91K | Aug 28, 2024 | Vesting of a Stock Award |
| Steven Alan Sonnenberg Former Director | May 23, 2024 | 14,904 | $1.52M | May 23, 2024 | Vesting of Stock Awards |
| Kristin A. Erickson Officer | Mar 7, 2024 | 5,790 | $648.97K | Mar 7, 2024 | Exercise of Stock Awards |
| David W. Huml Officer, Director | Mar 4, 2024 | 20,009 | $2.22M | Mar 4, 2024 | Exercise of Stock Awards |
| Azita Arvani Director | Mar 4, 2024 | 1,765 | $197.18K | Mar 4, 2024 | Exercise of a Stock Award |
| Carol S. Eicher Director | Feb 28, 2024 | 2,298 | $267.60K | Feb 28, 2024 | Exercise of Stock Awards |
| Donal L. Mulligan Officer | Feb 27, 2024 | 2,358 | $259.38K | Feb 27, 2024 | EXERCISE OF NQ STOCK OPTION AWARD |
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