Hyster-Yale (NYSE:HY) Stock Price Down 12.3% – Here’s What Happened

Hyster-Yale, Inc. (NYSE:HY) shares fell 12.3% during trading on Wednesday . The stock traded as low as $38.60 and last traded at $35.0330. 5,418 shares changed hands during trading, a decline of 94% from the average session volume of 91,940 shares. The stock had previously closed at $39.95.

Trending Headlines about Hyster-Yale

Here are the key news stories impacting Hyster-Yale this week:

• Positive Sentiment: Q1 EPS beat (less bad than feared): HY reported a loss of $1.64 per share versus consensus of about -$2.02, which moderated investor concern on profitability versus expectations. Q1 results summary
• Positive Sentiment: Bookings show early stabilization: Management said Q1 bookings strengthened sequentially (up ~7%), suggesting demand may be bottoming after a cyclical trough — a potential lead indicator for later revenue recovery. Press release
• Positive Sentiment: Analyst upgrade: Zacks lifted HY from “strong sell” to “hold,” which can provide some support amid the weak quarter. Zacks upgrade
• Neutral Sentiment: Conference call and transcript available for color: Investors can review management commentary on demand, pricing, and inventory/backlog dynamics to assess recovery timing. Earnings transcript
• Negative Sentiment: Revenue materially missed estimates: Consolidated Q1 revenue was $795.2M vs. consensus ~ $878M, reflecting a 13% year-over-year decline and sequential weakness that pressured the stock. Revenue miss article
• Negative Sentiment: Operating loss and tariff headwinds: Q1 operating loss was ~$28M; management cited roughly $30M of gross tariff costs that worsened results and margin trends. Tariff exposure raises near‑term earnings risk. Tariff and operating loss details
• Negative Sentiment: Product mix and backlog dynamics weighing on pricing: Management noted a shift toward lighter‑duty, lower‑priced trucks and depletion of excess backlog, both of which compress revenue and margins until mix normalizes. Mix and backlog commentary

Analyst Ratings Changes

Several brokerages have commented on HY. Zacks Research upgraded shares of Hyster-Yale from a “strong sell” rating to a “hold” rating in a research report on Monday. Weiss Ratings downgraded shares of Hyster-Yale from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, March 5th. Wall Street Zen downgraded shares of Hyster-Yale from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Northland Securities upgraded shares of Hyster-Yale from a “market perform” rating to an “outperform” rating and set a $50.00 price objective for the company in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $45.00.

Hyster-Yale Stock Down 8.4%

The firm’s fifty day moving average price is $35.26 and its 200-day moving average price is $33.95. The company has a market capitalization of $654.85 million, a price-to-earnings ratio of -10.76 and a beta of 1.66. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.34 and a quick ratio of 0.71.

Hyster-Yale (NYSE:HY) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported ($1.64) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.02) by $0.38. The company had revenue of $795.20 million during the quarter, compared to the consensus estimate of $878.10 million. Hyster-Yale had a negative net margin of 1.59% and a negative return on equity of 6.12%. Sell-side analysts expect that Hyster-Yale, Inc. will post -2.94 earnings per share for the current fiscal year.

Hyster-Yale Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $0.36 per share. The ex-dividend date was Friday, February 27th. This represents a $1.44 annualized dividend and a dividend yield of 3.9%. Hyster-Yale’s dividend payout ratio is -42.35%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its holdings in shares of Hyster-Yale by 0.7% during the third quarter. Dimensional Fund Advisors LP now owns 576,509 shares of the industrial products company’s stock worth $21,250,000 after buying an additional 3,935 shares in the last quarter. Valueworks LLC raised its position in Hyster-Yale by 33.2% during the 4th quarter. Valueworks LLC now owns 399,344 shares of the industrial products company’s stock worth $11,865,000 after purchasing an additional 99,538 shares during the last quarter. State Street Corp raised its position in Hyster-Yale by 12.1% during the 4th quarter. State Street Corp now owns 307,794 shares of the industrial products company’s stock worth $9,145,000 after purchasing an additional 33,281 shares during the last quarter. Deprince Race & Zollo Inc. bought a new position in Hyster-Yale during the 1st quarter worth $8,696,000. Finally, Millennium Management LLC raised its position in Hyster-Yale by 1.5% during the 4th quarter. Millennium Management LLC now owns 224,251 shares of the industrial products company’s stock worth $6,662,000 after purchasing an additional 3,401 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors and hedge funds.

About Hyster-Yale

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.