Hyster-Yale (NYSE:HY) Hits New 12-Month High – What’s Next?

Posted by Francis Steltz on Aug 8th, 2026

Hyster-Yale, Inc. (NYSE:HY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $41.30 and last traded at $40.3830, with a volume of 374800 shares trading hands. The stock had previously closed at $35.13.

Analyst Ratings Changes

HY has been the subject of several research reports. Wall Street Zen downgraded shares of Hyster-Yale from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Weiss Ratings reissued a “sell (d)” rating on shares of Hyster-Yale in a research report on Monday. Zacks Research upgraded Hyster-Yale from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Roth Capital reaffirmed a “buy” rating and set a $45.00 price target on shares of Hyster-Yale in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Hyster-Yale has a consensus rating of “Hold” and a consensus target price of $47.50.

Read Our Latest Analysis on HY

Hyster-Yale Price Performance

The firm has a market capitalization of $660.28 million, a PE ratio of -5.62 and a beta of 1.62. The firm’s fifty day moving average price is $34.73 and its 200 day moving average price is $35.14. The company has a current ratio of 1.28, a quick ratio of 0.67 and a debt-to-equity ratio of 0.66.

Hyster-Yale (NYSE:HY – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported ($1.64) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.20) by $0.56. The firm had revenue of $812.90 million during the quarter, compared to analysts’ expectations of $804.62 million. Hyster-Yale had a negative net margin of 3.33% and a negative return on equity of 21.03%. As a group, equities analysts forecast that Hyster-Yale, Inc. will post -2.75 earnings per share for the current year.

Hyster-Yale Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders 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 4.0%. The ex-dividend date was Monday, June 1st. This is an increase from Hyster-Yale’s previous quarterly dividend of $0.36. Hyster-Yale’s dividend payout ratio (DPR) is -22.26%.

Institutional Trading of Hyster-Yale

A number of hedge funds have recently modified their holdings of the stock. Amundi grew its stake in Hyster-Yale by 3.8% in the 4th quarter. Amundi now owns 9,013 shares of the industrial products company’s stock valued at $268,000 after acquiring an additional 334 shares during the period. Legal & General Group Plc raised its position in Hyster-Yale by 7.6% during the second quarter. Legal & General Group Plc now owns 9,284 shares of the industrial products company’s stock worth $369,000 after acquiring an additional 654 shares during the period. Parvin Asset Management LLC raised its position in Hyster-Yale by 10.3% during the first quarter. Parvin Asset Management LLC now owns 8,870 shares of the industrial products company’s stock worth $288,000 after acquiring an additional 825 shares during the period. Optiver Holding B.V. purchased a new position in Hyster-Yale during the first quarter valued at $33,000. Finally, Intech Investment Management LLC lifted its holdings in Hyster-Yale by 19.2% during the third quarter. Intech Investment Management LLC now owns 6,443 shares of the industrial products company’s stock valued at $237,000 after purchasing an additional 1,036 shares in the last quarter. Hedge funds and other institutional investors own 46.47% of the company’s stock.

Hyster-Yale Company Profile

(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.