Vanguard Capital Management Discloses New 5.31% Stake in Tennant Co (TNC)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, disclosing a new 5.31% stake in Tennant Co (TNC). The filing indicates that as of March 31, 2026, the investment adviser beneficially owns 957,759 shares of common stock. According to the report, Vanguard holds sole dispositive power over all 957,759 shares and sole voting power over 141,144 shares. This position represents a significant increase from a previous 0% holding, crossing the 5% ownership threshold required for public disclosure. The filing includes holdings from various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The total value of the position is estimated at approximately $79.28 million based on the filing date data.