Hyster-Yale Materials HandlingHY
Market Cap: $1B
About: Hyster-Yale Materials Handling Inc designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks and the products are market under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company operates through three geographical regions namely: the Americas, EMEA, JAPIC, of which Americas accounts for the larger share of the revenue.
Employees: 8,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
12% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 57
10% more capital invested
Capital invested by funds: $545M [Q1] → $600M (+$55.2M) [Q2]
7% more funds holding
Funds holding: 164 [Q1] → 176 (+12) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
7.45% less ownership
Funds ownership: 68.9% [Q1] → 61.45% (-7.45%) [Q2]
50% less call options, than puts
Call options by funds: $494K | Put options by funds: $990K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth MKM Chip Moore 39% 1-year accuracy 11 / 28 met price target | 46%upside $84 | Buy Reiterated | 8 Aug 2024 |
Financial journalist opinion
Based on 5 articles about HY published over the past 30 days