HY · NYSE · Industrial - Machinery

Hyster-Yale (HY)

Builds lift trucks, attachments, parts, services, technology, and energy solutions.

$33.20
After hours−0.05 (−0.15%)
At close$33.25(+1.99%)
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Hyster-Yale Materials Handling, Inc.HY
Industrials

Sells Hyster, Yale, Maximal, Bolzoni, Auramo, Meyer, and Nuvera-branded materials-handling equipment through dealers, major-account sales, and attachment/service channels. Revenue is tied mostly to lift trucks, with parts, service, rentals, attachments, and energy solutions adding recurring touchpoints.

Builds lift trucks under Hyster, Yale, Maximal, and Nuvera, plus Bolzoni, Auramo, Meyer, and Silver Line attachments. Parts, fleet management, technology solutions, rental, service, and energy programs extend the equipment relationship beyond new-truck sales.

Operates through Americas, EMEA, JAPIC, and Bolzoni segments, with dealers across many countries and direct sales to major accounts. Manufacturing is organized near markets where practical to lower freight, tariff, and currency exposure.

Competes on dealer strength, service quality, product availability, breadth, performance, and lifetime ownership cost. Demand depends on customer capital spending and industrial activity, while tariffs, global market volatility, backlog conversion, and the Nuvera energy-solutions realignment shape operating results.

Company facts

CEORajiv K. Prasad
ListedOct 1, 2012
ExchangeNYSE
HeadquartersCleveland, OH
CountryUnited States
Employees7,500
CIK0001173514
ISINUS4491721050

Market cap$580.0M
EPS (ttm)−$6.56
P/E (ttm)−4.97
ROE-25.5%
P/B1.49
P/S0.1652
Dividend yieldDiv yield4.45%
Beta1.59vs XLI 1.36

Price target$45.00+35.2%Average of 7 analysts
ConsensusBuy3 of 7 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 6, 2026Roth CapitalReiterate
Rating: Target: $40
Rating: BuyTarget: $45
Nov 6, 2025Roth CapitalTarget
Target:
Target: $40

Next report
Nov 3, 26
in 42 days
EPS estimate
−$0.40
Revenue estimate
$926.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.59$0.49−$0.79−$0.09−$2.96−$1.71−$1.76Pending
Estimate$1.38$0.47$0.26$0.03−$1.20−$1.80−$2.20−$0.40
Surprise−57.2%+4.3%−403.8%−400.0%−146.7%+5.0%+20.0%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.07B$910.4M$956.6M$979.1M$923.2M$795.2M$812.9MPending
Estimate$1.02B$976.0M$936.9M$955.7M$916.4M$878.1M$804.6M$926.5M
Surprise+4.4%−6.7%+2.1%+2.5%+0.7%−9.4%+1.0%
Estimate−$0.40
ReportedDue Nov 3, 2026
Estimate$926.5M
ReportedDue Nov 3, 2026
View details

Debt to equity128.20%
Current ratio127.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.02B$1.07B$910.4M$956.6M$979.1M$923.2M$795.2M$812.9M
Net income$17.2M$10.3M$8.6M−$13.9M−$2.3M−$52.5M−$30.3M−$31.6M
Net margin1.7%1.0%0.9%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$33.1M$32.3M$25.9M$2.5M$4.0M−$15.1M−$28.0M−$18.4M
YoY growth−43.5%−33.7%−69.1%−97.4%−87.9%Turned lossTurned lossTurned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $72.6M · Total debt $500.0M · Total assets $1.93B · Shareholders' equity $390.0M

Revenue
$812.9M
Operating income
−$18.4M
Net income
−$31.6M
View details

Dividend yield
4.45%
Next ex-date
Dec 1, 26
estimated · in 70 days
Annual dividend
$1.45
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Dec '25Feb '26Jun '26Sep '26
Dividend$0.35$0.35$0.36$0.36$0.36$0.36$0.365$0.365
Annual yield2.44%2.75%3.51%3.79%5.00%3.91%4.16%4.42%
Ex-dateNov 29Feb 28May 30Aug 29Dec 1Feb 27Jun 1Sep 1
Payment dateDec 13Mar 14Jun 13Sep 16Dec 16Mar 13Jun 16Sep 15
View details

Institutions49.24%8.83M shares
154 holders · as of Jun 30, 2026
Insiders19.65%3.52M shares
48 holders · as of Jul 6, 2026
Strategic holders0.29%52.4K shares
9 holders · as of Jun 1, 2026
Other30.82%5.53M shares
remainder

17.93M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
5.23%937,868 Aas of Jun 30, 2026
Britton T. Taplin1Insiderdirector
4.75%728,851 Afiled Jul 6, 2026
Gamco Investors, Inc. et alInstitution
4.39%788,021 Aas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
2.76%495,257 Aas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
2.61%467,943 Aas of Jun 30, 2026
  1. Britton T. Taplin's transaction reports restate only vehicles that traded; the 2022 ownership statement (728.9K) plus the 123.0K net shares acquired since is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 15, 2026Alison A. Rankinother: Member of a Group+20
Jun 15, 2026Alison A. Rankinother: Member of a Group−20
Jun 15, 2026Victoire G. Rankinother: Member of a Group−20
Jun 15, 2026Alfred M. Et Al Rankindirector, officer: Chairman−20
Jun 15, 2026Elisabeth M. Rankinother: Member of a Group+20
View details

Not reported.