In the latest trading session, Hyster-Yale (HY) closed at $34.88, marking a -2.27% move from the previous day.
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Hyster-Yale NYSE: HY said second-quarter results showed further signs of a gradual recovery in the lift truck market, with sequential gains in bookings, revenue, operating performance and cash flow. Management said, however, that customer delivery timing and production changes tied to tariff mitigation are expected to shift a larger portion of the recovery into the latter part of 2026.
| Machinery Industry | Industrials Sector | Rajiv K. Prasad CEO | XFRA Exchange | 449172105 CUSIP |
| US Country | 7,500 Employees | 1 Sep 2026 Last Dividend | - Last Split | 1 Oct 2012 IPO Date |
Hyster-Yale Materials Handling, Inc., established in 1991 and headquartered in Cleveland, Ohio, operates globally through its subsidiaries. The company is a leading figure in designing, engineering, manufacturing, selling, and servicing a comprehensive range of lift trucks, attachments, and aftermarket parts. With a strong emphasis on innovation and quality, Hyster-Yale has carved a niche in the materials handling industry. The company's products are marketed under recognized brands like Hyster and Yale, primarily to independent retail dealerships. They have also made significant strides in the hydrogen fuel-cell technology sector, designing, manufacturing, and selling hydrogen fuel-cell stacks and engines. This diversification aligns with global trends towards cleaner and more sustainable energy sources, making Hyster-Yale a pivotal player in both traditional and emerging markets of the materials handling industry.