Hyster-Yale Materials Handling (HY)

• Market cap: $927M
• 1 day: -0.30%
• 5 days: -3.21%
• 1 month: -21.43%
• 3 months: -10.14%
• 6 months: -30.35%
• Year to date: -15.73%
• 1 year: 14.77%
• 5 years: -6.00%
• 10 years: -32.25%
• Sector: Industrials
• Industry: Industrial Trucks, Tractors, Trailers & Stackers

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: $552M [Q1] → $609M (+$57M) [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]

7.43% less ownership

Funds ownership: 69.79% [Q1] → 62.36% (-7.43%) [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

• Low target: $70 32% upside
• Avg. target: $70 32% upside
• High target: $70 32% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Roth MKM Chip Moore 50% 1-year accuracy 15 / 30 met price target

32% upside $70

Buy Maintained

6 Nov 2024