Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks. In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets. Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines. The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies. The company was incorporated in 1991 and is headquartered in Cleveland, Ohio.
IPO Year:
Exchange: NYSE
Website: hyster-yale.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/5/2024 | $90.00 | Market Perform → Outperform | Northland Capital |
| 12/5/2023 | $85.00 | Buy | ROTH MKM |
| 11/15/2023 | $80.00 | Outperform | Northland Capital |
| 10/12/2022 | $36.00 | Neutral → Buy | Sidoti |
| 3/2/2022 | $85.00 → $75.00 | Buy | EF Hutton |
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
4 - HYSTER-YALE, INC. (0001173514) (Issuer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
10-Q - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
8-K - HYSTER-YALE, INC. (0001173514) (Filer)
DEF 14A - HYSTER-YALE, INC. (0001173514) (Filer)
SCHEDULE 13D/A - HYSTER-YALE, INC. (0001173514) (Subject)
SCHEDULE 13D/A - HYSTER-YALE, INC. (0001173514) (Subject)
SCHEDULE 13D/A - HYSTER-YALE, INC. (0001173514) (Subject)
SCHEDULE 13D/A - HYSTER-YALE, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
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SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
SC 13D/A - HYSTER-YALE MATERIALS HANDLING, INC. (0001173514) (Subject)
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Q1 2025 Consolidated Highlights: Consolidated revenues of $910 million Consolidated operating profit of $21.3 million in line with company expectationsSignificant increase in Q1 2025 Lift Truck bookings compared to prior year and Q4 2024Inventory decreased $69 million in Q1 2025 compared to Q1 2024Market demand growth expected in second half of 2025, absent the potential effects from tariffsCLEVELAND, May 6, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended March 31, 2025. Three Months Ended ($ in millions except per share amounts) Q1 2025 Q1 2024 % Change Q4 2024 % Change Revenues $910.4 $1,056.5 (14) % $1,067.5 (15) % Op
CLEVELAND, April 30, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) (the "Company") today announced a strategic business realignment of its Nuvera fuel cell business designed both to increase near term profits and to create an integrated energy solutions program at Nuvera's Billerica facility which will be part of its Hyster-Yale Materials Handling (HYMH) business. That program will include HYMH's: Development, manufacturing, and commercialization of its lithium-ion battery modules, battery chargers, battery management systems, and energy management activities. All of these activities are critical to HYMH's success with the next generation of batteries expected to be used broadly in electr
CLEVELAND, April 29, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today it will release its First Quarter 2025 financial results after the market closes on Tuesday, May 6, 2025. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, May 7, 2025, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About Hyster-Yale,
GREENVILLE, N.C., March 04, 2025 (GLOBE NEWSWIRE) -- Hyster announces an expanded lineup of high-capacity electric forklifts that offer the configurability to match a range of heavy-duty applications. The integrated lithium-ion battery power of the Hyster® J230-400XD series provides the performance and rugged reliability required by demanding environments, while offering a zero-emission alternative to internal combustion engine (ICE) power. The J230-400XD series is available with a range of battery sizes to match duty cycle and charging requirements, configurable up to 280kW. The 350-volt architecture provides a right-sized solution for ICE-like performance and energy efficiency. This
Q4 and full year 2024 Highlights: Full year revenues of $4.3 billion in 2024; Q4 2024 $1.1 billionAdjusted results exclude charges of $22.6 million in FY 2024 and $21.4 million in Q4 2024 for streamlining its manufacturing footprint and optimizing its operationsFull year operating profit of $245 million; adjusted operating profit $267 millionQ4 2024 operating profit of $32 million; adjusted operating profit of $54 million Full year revenues, operating profit and net income exceeded strong prior year performanceYear-over-year revenue growth in Americas Lift Truck: FY 2024 +11%; Q4 2024 +13%Generated $171 million of cash from operations in FY 2024; $81 million Q4 2024Repurchased approximately
CLEVELAND, Feb. 18, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today it will release its Fourth Quarter and Full Year 2024 financial results after the market closes on Tuesday, February 25, 2025. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, February 26, 2025, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call
CLEVELAND, Feb. 12, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 14, 2025, to stockholders of record at the close of business on February 28, 2025. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves ma
GREENVILLE, N.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Hyster-Yale Materials Handling, Inc. announces its plans to fulfill the domestic manufacturing requirements of the Build America, Buy America (BABA) Act for key portions of its product lineup. The maker of Hyster® and Yale® brand forklift trucks and container handling equipment plans to expand its existing American manufacturing with a targeted set of high-capacity models, including electric options, that align with the needs of infrastructure projects subject to BABA requirements. The company's plans include determining the optimal production location in the United States, strategically expanding sourcing agreements to meet local materia
CLEVELAND, Nov. 18, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors authorized the repurchase of up to $50 million or 1.5 million shares, whichever comes first, of the Company's outstanding Class A Common Stock. "The Board of Directors' approval of this stock repurchase program reflects confidence in the Company's balance sheet and business outlook," said Rajiv K. Prasad, President and Chief Executive Officer of Hyster-Yale, Inc. "This stock repurchase authorization is well aligned with our capital allocation strategy designed to support long-term profitable growth and fuel shareholder return as the business generates free cash flow." The timing a
CLEVELAND, Nov. 13, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024, to stockholders of record at the close of business on November 29, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Northland Capital upgraded Hyster-Yale from Market Perform to Outperform and set a new price target of $90.00
ROTH MKM initiated coverage of Hyster-Yale with a rating of Buy and set a new price target of $85.00
Northland Capital initiated coverage of Hyster-Yale with a rating of Outperform and set a new price target of $80.00
Sidoti upgraded Hyster-Yale from Neutral to Buy and set a new price target of $36.00
EF Hutton reiterated coverage of Hyster-Yale Materials with a rating of Buy and set a new price target of $75.00 from $85.00 previously
Q1 2025 Consolidated Highlights: Consolidated revenues of $910 million Consolidated operating profit of $21.3 million in line with company expectationsSignificant increase in Q1 2025 Lift Truck bookings compared to prior year and Q4 2024Inventory decreased $69 million in Q1 2025 compared to Q1 2024Market demand growth expected in second half of 2025, absent the potential effects from tariffsCLEVELAND, May 6, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended March 31, 2025. Three Months Ended ($ in millions except per share amounts) Q1 2025 Q1 2024 % Change Q4 2024 % Change Revenues $910.4 $1,056.5 (14) % $1,067.5 (15) % Op
Q4 and full year 2024 Highlights: Full year revenues of $4.3 billion in 2024; Q4 2024 $1.1 billionAdjusted results exclude charges of $22.6 million in FY 2024 and $21.4 million in Q4 2024 for streamlining its manufacturing footprint and optimizing its operationsFull year operating profit of $245 million; adjusted operating profit $267 millionQ4 2024 operating profit of $32 million; adjusted operating profit of $54 million Full year revenues, operating profit and net income exceeded strong prior year performanceYear-over-year revenue growth in Americas Lift Truck: FY 2024 +11%; Q4 2024 +13%Generated $171 million of cash from operations in FY 2024; $81 million Q4 2024Repurchased approximately
CLEVELAND, Feb. 12, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 14, 2025, to stockholders of record at the close of business on February 28, 2025. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves ma
CLEVELAND, Nov. 13, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 13, 2024, to stockholders of record at the close of business on November 29, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Q3 2024 Consolidated Highlights: Ongoing solid execution in seasonally lower third quarter Continued year-over-year revenue growth led by Americas Lift Truck and BolzoniOperating Profit of $33.1 million below exceptionally strong Q3 2023 resultsNet Income of $17.2 million compared to $35.8 million in Q3 2023Generated $70 million of cash from operations in Q3 2024CLEVELAND, Nov. 5, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended September 30, 2024. Three Months Ended ($ in millions except per share amounts) 9/30/24 9/30/23 % Change 6/30/24 % Change Revenues $1,016.1 $1,001.2 2 % $1,168.1 (13) % Operating Profit $33.1 $58
CLEVELAND, Aug. 14, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 13, 2024, to stockholders of record at the close of business on August 30, 2024. About Hyster-Yale, Inc.Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves
Q2 2024 Consolidated Highlights: Continued consolidated revenue growth of more than 7% over Q2 2023 Operating profit of $95.6 million, up 63% from Q2 2023, and ahead of expectationsOperating profit margin of 8.2%, up from 5.4% in Q2 2023Net income of $63.3 million, up 65%, from Q2 2023CLEVELAND, Aug. 6, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) reported the following consolidated results for the three months ended June 30, 2024. Three Months Ended ($ in millions except per share amounts) 6/30/24 6/30/23 % Change 3/31/24 % Change Revenues $1,168.1 $1,090.6 7 % $1,056.5 11 % Operating Profit $95.6 $58.8 63 % $83.8 14 % Net Income $63.3 $38.3 65 % $51.5 23 % Diluted Earnings per Share $3
CLEVELAND, July 30, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE:HY) announced today it will release its Second Quarter 2024 financial results after market close on Tuesday, August 6, 2024. In conjunction with this release, the Company will host a webcast with the financial community at 11:00 a.m. ET on Wednesday, August 7, 2024, to discuss the financial results. Access to the live audio webcast will be available on the Company's website. To access the webcast, visit https://www.hyster-yale.com/investor-overview approximately 15 minutes prior to the event. An archive of the webcast will be available on the Company's website approximately two hours after the live call ends. About Hyster-Yale,
CLEVELAND, May 8, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) today announced that the Board of Directors increased its regular cash dividend from 32.5 cents to 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid June 14, 2024, to stockholders of record at the close of business on May 31, 2024. About Hyster-Yale Materials Handling, Inc.Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its custom
Q1 2024 Highlights: Consolidated operating profit of $83.8 million, up 97% from Q1 2023, and above previous expectationsConsolidated operating profit margin of 7.9%, up from 4.3% in Q1 2023Consolidated revenues of $1.1 billion, up 6% from Q1 2023 quarter and the fourth consecutive quarter with revenues over $1 billionNet income of $51.5 million, up 94%, from Q1 2023CLEVELAND, May 7, 2024 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) reported the following consolidated results for the three months ended March 31, 2024. All comparisons are to the three months ended March 31, 2023, unless otherwise noted. Three Months Ended ($ in millions except per share amounts) 3/31/24 3/31
GREENVILLE, N.C., May 9, 2022 /PRNewswire/ -- Hyster-Yale Group announces a dealer territory change for its lift truck brands in the Southern United States. The agreement, effective April 29, 2022, appoints Black Equipment as the single authorized dealer for both the Hyster® and Yale® brands in the Memphis, Tennessee market following Black's acquisition of Briggs Equipment operations in that territory. "Memphis, Jackson and Jonesboro are very significant to Hyster and Yale, and this expansion by Black Equipment further strengthens our dedicated dealer network," said Chuck Pascarelli, President, Americas Division, Hyster-Yale Group. "With a proven performance record that includes 22 consecuti
GREENVILLE, N.C., Jan. 6, 2022 /PRNewswire/ -- Hyster-Yale Group, Inc. Americas announced today that it has appointed LiftOne, a CTE company, with headquarters in Charlotte, NC, as the new Hyster® and Yale® dealer in Atlanta, Georgia, following LiftOne's acquisition of Briggs Equipment's operations in that territory on December 31, 2021. LiftOne is one of the largest material handling dealers in the U.S., with six locations in Georgia and 19 locations throughout its five-state service area. "The Atlanta market is critically important to both Hyster and Yale," said Hyster-Yale Group President, Americas, Chuck Pascarelli. "We are delighted to have a dealer with LiftOne's proven record of succ
CLEVELAND, Feb. 18, 2021 /PRNewswire/ -- The Board of Directors of Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that Rajiv Prasad, President and Chief Executive Officer of the Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., has been appointed President of Hyster-Yale Materials Handling effective immediately. He will hold this new position along with his current position at Hyster-Yale Group. The Board of Directors indicated that this new title better reflects Mr. Prasad's broad role within Hyster-Yale Materials Handling, which includes oversight responsibilities for all of the Company's subsidiaries, including its forklift truck business, Hyster-Yale