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

Posted by Geri Gentry on Sep 24th, 2026

Hyster-Yale, Inc. (NYSE:HY – Get Free Report) shares traded down 6.3% during trading on Thursday . The company traded as low as $30.90 and last traded at $30.83. Approximately 69,104 shares were traded during trading, a decline of 28% from the average session volume of 96,340 shares. The stock had previously closed at $32.89.

Wall Street Analysts Forecast Growth

HY has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hyster-Yale in a research note on Monday, August 3rd. Roth Capital restated a “buy” rating and set a $45.00 target price on shares of Hyster-Yale in a research report on Thursday, August 6th. Finally, Wall Street Zen downgraded shares of Hyster-Yale from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $47.50.

Check Out Our Latest Stock Report on HY

Hyster-Yale Trading Down 6.2%

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.28 and a quick ratio of 0.65. The firm has a market cap of $553.23 million, a price-to-earnings ratio of -4.71 and a beta of 1.65. The business’s 50-day moving average price is $34.09 and its two-hundred day moving average price is $34.60.

Hyster-Yale (NYSE:HY – Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported ($1.64) EPS for the quarter, topping the consensus estimate of ($2.20) by $0.56. Hyster-Yale had a negative net margin of 3.33% and a negative return on equity of 21.03%. The firm had revenue of $812.90 million during the quarter, compared to analysts’ expectations of $804.62 million. Equities analysts expect that Hyster-Yale, Inc. will post -2.91 earnings per share for the current year.

Hyster-Yale Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.365 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.46 dividend on an annualized basis and a dividend yield of 4.7%. Hyster-Yale’s dividend payout ratio is currently -22.26%.

Institutional Investors Weigh In On Hyster-Yale

A number of institutional investors have recently bought and sold shares of the stock. Parvin Asset Management LLC increased its holdings in Hyster-Yale by 10.3% in the first quarter. Parvin Asset Management LLC now owns 8,870 shares of the industrial products company’s stock worth $288,000 after purchasing an additional 825 shares in the last quarter. Optiver Holding B.V. bought a new stake in shares of Hyster-Yale in the 1st quarter valued at $33,000. PNC Financial Services Group Inc. lifted its position in shares of Hyster-Yale by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 48,223 shares of the industrial products company’s stock valued at $1,433,000 after acquiring an additional 1,991 shares during the period. Isthmus Partners LLC boosted its stake in Hyster-Yale by 4.8% during the first quarter. Isthmus Partners LLC now owns 60,227 shares of the industrial products company’s stock worth $1,958,000 after acquiring an additional 2,784 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Hyster-Yale by 8.8% in the first quarter. Renaissance Technologies LLC now owns 43,400 shares of the industrial products company’s stock worth $1,411,000 after purchasing an additional 3,500 shares during the period. 46.47% of the stock is currently owned by hedge funds and other institutional investors.

Hyster-Yale Company Profile

(Get Free Report)

Hyster-Yale, Inc (NYSE: HY) is a global manufacturer of materials-handling equipment. Through its Hyster and Yale brands, the company designs and produces lift trucks, including electric, internal-combustion-engine and warehouse models, for moving and storing materials in industrial, manufacturing, distribution and logistics environments.

The company also provides related replacement parts, service and support through a network of dealers and other distribution channels. Its broader product portfolio includes warehouse equipment and specialized materials-handling solutions.