Hyster-Yale (NYSE:HY) Stock Price Down 6.3% – Here’s Why

Posted by Brenda Bartman on Jun 29th, 2026

Hyster-Yale, Inc. (NYSE:HY – Get Free Report)’s stock price was down 6.3% during mid-day trading on Monday . The stock traded as low as $33.81 and last traded at $33.9540. 22,518 shares traded hands during trading, a decline of 76% from the average daily volume of 93,521 shares. The stock had previously closed at $36.23.

Analysts Set New Price Targets

A number of research firms recently commented on HY. Weiss Ratings lowered Hyster-Yale from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Hyster-Yale from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. Zacks Research upgraded shares of Hyster-Yale from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Northland Securities upgraded shares of Hyster-Yale from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a report on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $45.00.

Check Out Our Latest Stock Report on HY

Hyster-Yale Trading Down 4.6%

The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 0.67. The company has a market capitalization of $619.40 million, a P/E ratio of -6.17 and a beta of 1.61. The firm has a fifty day moving average price of $36.56 and a 200-day moving average price of $34.83.

Hyster-Yale (NYSE:HY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported ($1.64) EPS for the quarter, topping analysts’ consensus estimates of ($2.02) by $0.38. Hyster-Yale had a negative return on equity of 13.96% and a negative net margin of 2.71%.The business had revenue of $795.20 million for the quarter, compared to analyst estimates of $878.10 million. On average, equities research analysts anticipate that Hyster-Yale, Inc. will post -2.75 earnings per share for the current year.

Hyster-Yale Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Monday, June 1st were paid a dividend of $0.365 per share. This represents a $1.46 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 1st. This is a positive change from Hyster-Yale’s previous quarterly dividend of $0.36. Hyster-Yale’s dividend payout ratio (DPR) is presently -26.12%.

Hedge Funds Weigh In On Hyster-Yale

Several institutional investors have recently added to or reduced their stakes in HY. Deprince Race & Zollo Inc. purchased a new stake in Hyster-Yale during the first quarter worth about $8,696,000. Millennium Management LLC boosted its stake in Hyster-Yale by 113.5% in the third quarter. Millennium Management LLC now owns 220,850 shares of the industrial products company’s stock valued at $8,141,000 after acquiring an additional 117,415 shares during the last quarter. Valueworks LLC grew its position in shares of Hyster-Yale by 33.2% during the 4th quarter. Valueworks LLC now owns 399,344 shares of the industrial products company’s stock valued at $11,865,000 after acquiring an additional 99,538 shares during the period. OP Asset Management Ltd bought a new position in shares of Hyster-Yale during the 1st quarter valued at approximately $1,833,000. Finally, Impala Asset Management LLC purchased a new stake in shares of Hyster-Yale during the 4th quarter worth approximately $1,486,000. Institutional investors own 46.47% of the company’s stock.

About Hyster-Yale

(Get Free Report)

Hyster-Yale Materials Handling, Inc is a global manufacturer and distributor of a wide range of industrial lift trucks, container handlers and aftermarket parts and services. Operating under the Hyster and Yale brand names, the company designs, engineers and assembles counterbalanced lift trucks, narrow-aisle trucks and specialty vehicles for clients in distribution, manufacturing, retail and warehousing.

The company’s product portfolio includes electric, diesel and LPG-powered forklifts, as well as reach stackers, empty container handlers and terminal tractors.