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Hyster-Yale Announces Workforce Restructuring Plan

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Hyster-Yale Announces Workforce Restructuring Plan

TipRanks Black Friday Sale

Hyster-Yale Materials Handling ( (HY) ) just unveiled an announcement.

On November 13, 2025, Hyster-Yale, Inc. announced a restructuring plan aimed at reducing costs in response to current economic and industry conditions. This plan includes a reduction of approximately 575 employees from its global workforce. The company anticipates incurring pre-tax charges of about $21 million in the fourth quarter of 2025, related to severance and benefits, which will be paid in cash starting in the fourth quarter of 2025 and continuing into 2026.

The most recent analyst rating on (HY) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Hyster-Yale Materials Handling stock, see the HY Stock Forecast page.

Spark’s Take on HY Stock

According to Spark, TipRanks’ AI Analyst, HY is a Neutral.

Hyster-Yale’s overall stock score reflects significant financial and technical challenges. The company’s declining revenue and profitability, combined with bearish technical indicators, weigh heavily on the score. While the earnings call indicates some positive strategic initiatives, the high P/E ratio and market conditions suggest caution. The dividend yield offers some support, but overall, the stock faces considerable headwinds.

To see Spark’s full report on HY stock, click here.

More about Hyster-Yale Materials Handling

Average Trading Volume: 79,823

Technical Sentiment Signal: Sell

Current Market Cap: $490.5M

Learn more about HY stock on TipRanks’ Stock Analysis page.

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