It’s been a crucial week for Tenneco Inc. (NYSE:TEN); here’s what analysts have to say.

Tenneco Inc. (NYSE:TEN) Logo
Investors sentiment increased to 1.09 in Q4 2018. Its up 0.02, from 1.07 in 2018Q3. It increased, as 41 investors sold Tenneco Inc. shares while 57 reduced holdings. 36 funds opened positions while 71 raised stakes. 49.03 million shares or 14.81% more from 42.70 million shares in 2018Q3 were reported.
First Hawaiian Fincl Bank holds 0% or 1,185 shares. Schroder Investment Grp has 0.01% invested in Tenneco Inc. (NYSE:TEN). Moreover, Ledyard State Bank has 0.37% invested in Tenneco Inc. (NYSE:TEN). Gam Ag holds 16,831 shares. Hanson Mcclain Inc reported 30 shares or 0% of all its holdings. State Street Corp reported 1.05 million shares. North Star Investment Corp stated it has 0% in Tenneco Inc. (NYSE:TEN). Diamond Hill Capital Mngmt holds 528,744 shares. Marshall Wace Llp holds 0.01% of its portfolio in Tenneco Inc. (NYSE:TEN) for 26,473 shares. Dimensional Fund Advsr Limited Partnership owns 0.02% invested in Tenneco Inc. (NYSE:TEN) for 1.51 million shares. Voloridge Invest Mgmt Ltd Llc, Florida-based fund reported 9,267 shares. Pnc Financial Svcs Gp Incorporated holds 0% or 3,784 shares. 19,148 were accumulated by Verition Fund Mngmt Lc. Clearbridge Invs Ltd Liability Corporation invested in 4,200 shares. Evanston Dba Evanston Advsr invested 0.67% of its portfolio in Tenneco Inc. (NYSE:TEN).

Tenneco Inc. (NYSE:TEN) Ratings Coverage

Among 5 analysts covering Tenneco (NYSE:TEN), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Tenneco had 8 analyst reports since November 14, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, April 1 by UBS. Morgan Stanley maintained Tenneco Inc. (NYSE:TEN) on Tuesday, April 16 with “Underweight” rating. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, November 14. The company was maintained on Friday, March 15 by RBC Capital Markets. Below is a list of Tenneco Inc. (NYSE:TEN) latest ratings and price target changes.

16/04/2019 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $30 New Target: $17 Maintain
13/04/2019 Broker: BidaskScore Rating: Sell Upgrade
01/04/2019 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $39 New Target: $28 Maintain
21/03/2019 Broker: BidaskScore Rating: Sell Downgrade
15/03/2019 Broker: RBC Capital Markets Rating: Hold New Target: $31 Maintain
14/12/2018 Broker: Deutsche Bank Rating: Hold Initiates Coverage On
11/12/2018 Broker: KeyBanc Capital Markets Rating: Sector Weight Initiates Coverage On
14/11/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight New Target: $30 Downgrade

The stock decreased 0.78% or $0.16 during the last trading session, reaching $20.24. About 307,098 shares traded. Tenneco Inc. (NYSE:TEN) has declined 33.77% since May 8, 2018 and is downtrending. It has underperformed by 38.14% the S&P500.

Tenneco Inc. designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide. The company has market cap of $1.64 billion. The firm offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR)systems, SCR-coated diesel particulate filters (SDPF) systems, urea dosing systems, four-way catalysts, alternative NOx reduction technologies, mufflers and resonators, fabricated exhaust manifolds, pipes, hydroformed assemblies, elastomeric hangers and isolators, and after treatment control units. It has a 21.76 P/E ratio. It also provides ride performance products and systems, such as shock absorbers; struts; vibration control components; kinetic suspension technology systems, dual-mode suspension solutions, semi-active and active suspension systems, and kinetic H2/CVSA continuously variable semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies.

More notable recent Tenneco Inc. (NYSE:TEN) news were published by: Seekingalpha.com which released: “Dean Foods Needs An Activist Investor – Seeking Alpha” on May 07, 2019, also Seekingalpha.com with their article: “Is Verizon A Utility On Steroids? – Seeking Alpha” published on April 28, 2019, Prnewswire.com published: “Tenneco First Quarter 2019 Earnings Release and Conference Call Notice – PRNewswire” on April 26, 2019. More interesting news about Tenneco Inc. (NYSE:TEN) were released by: Prnewswire.com and their article: “Tenneco’s Powertrain Division Earns Two 2019 Automotive News PACE Awards – PRNewswire” published on April 09, 2019 as well as Seekingalpha.com‘s news article titled: “Your Monthly-Paid Dividends From 96 U.S. May Equities And 80 Funds – Seeking Alpha” with publication date: May 07, 2019.

Tenneco Inc. (NYSE:TEN) Institutional Positions Chart

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