SCHEDULE: Mairs and Power Reports 4.4% Stake in Tennant Company

Mairs and Power, Inc. has disclosed beneficial ownership of 789,895 shares, representing 4.4% of the outstanding common stock of Tennant Company.

Summary

• Mairs and Power, Inc. has filed a Schedule 13G, indicating their beneficial ownership of Tennant Company's common stock.
• The filing reports that Mairs and Power, Inc. beneficially owns 789,895 shares of Tennant Company's common stock.
• This ownership stake represents 4.4% of the total class of securities.
• The reporting person has sole voting power over 789,760 shares and sole dispositive power over 789,895 shares.
• The filing is an amendment (Amendment No. 9) and the event date requiring the filing is March 31, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing ownership stakes and does not contain new operational or financial performance information.

Positives

• Mairs and Power, Inc. holds a significant stake of 4.4% in Tennant Company, indicating confidence in the company's value.
• The reporting person has sole voting and dispositive power over the majority of their holdings, suggesting direct control and influence.

Future Outlook

This filing does not contain forward-looking statements or guidance from the company.

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically indicate passive investment stakes by institutional investors, suggesting Mairs and Power, Inc. is likely a long-term holder of Tennant Company stock rather than an activist investor.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can be viewed positively as a sign of confidence in the company's long-term prospects.

Key Dates

Keywords

Tennant Company, Schedule 13G, Mairs and Power, Inc., Beneficial Ownership, Common Stock, Investment, SEC Filing