Tenaris (NYSE:TS) Issues Quarterly Earnings Results, Beats Estimates By $0.16 EPS

Posted by Stanley Muller on Aug 7th, 2026

Tenaris (NYSE:TS – Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.16, Zacks reports. Tenaris had a return on equity of 11.15% and a net margin of 15.88%.The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.93 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis.

Tenaris Stock Up 0.0%

TS stock traded up $0.01 during trading on Friday, hitting $53.41. The company had a trading volume of 787,118 shares, compared to its average volume of 1,624,960. Tenaris has a 52-week low of $33.65 and a 52-week high of $64.60. The company has a 50 day simple moving average of $57.83 and a 200-day simple moving average of $56.16. The firm has a market capitalization of $28.63 billion, a P/E ratio of 14.27, a PEG ratio of 1.35 and a beta of 0.85.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Barclays lifted their target price on Tenaris to $82.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Morgan Stanley upgraded Tenaris from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $53.00 to $65.00 in a report on Wednesday, July 15th. Piper Sandler increased their target price on shares of Tenaris from $56.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Wall Street Zen upgraded shares of Tenaris from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Weiss Ratings cut shares of Tenaris from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Tenaris presently has an average rating of “Moderate Buy” and an average target price of $62.12.

Get Our Latest Stock Analysis on TS

Institutional Trading of Tenaris

A number of hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in shares of Tenaris by 14.3% in the 1st quarter. AQR Capital Management LLC now owns 23,662 shares of the industrial products company’s stock valued at $925,000 after purchasing an additional 2,969 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Tenaris during the first quarter worth $203,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Tenaris during the 1st quarter valued at $5,458,000. JPMorgan Chase & Co. increased its holdings in shares of Tenaris by 77.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 16,877 shares of the industrial products company’s stock valued at $631,000 after acquiring an additional 7,363 shares during the period. Finally, Rhumbline Advisers raised its position in shares of Tenaris by 4.2% in the 2nd quarter. Rhumbline Advisers now owns 8,387 shares of the industrial products company’s stock worth $314,000 after acquiring an additional 338 shares in the last quarter. 10.45% of the stock is owned by hedge funds and other institutional investors.

Tenaris Company Profile

(Get Free Report)

Tenaris SA is a global manufacturer and supplier of steel tubular products and related services, primarily serving the oil and gas industry as well as other energy and industrial markets. Its product portfolio centers on seamless and welded steel pipes used for casing, tubing and line pipe applications, alongside a range of specialty and mechanical steel tubes. The company also provides value‑added technical solutions, including premium connections, heat treatment and surface protection, to support drilling, completion and production activities.

Tenaris operates an integrated industrial and commercial network that combines manufacturing, distribution and field services.