Hyster-Yale SEC Filings

Hyster-Yale, Inc. announced that its Board of Directors approved a restructuring plan on November 13, 2025, aimed at advancing its cost reduction initiatives in response to current economic and industry dynamics. As part of this plan, the company will reduce its global workforce by approximately 575 employees.

Hyster-Yale expects to record pre-tax charges of approximately $21 million in the fourth quarter of 2025, primarily related to severance and associated employee benefits, with all of these costs to be paid in cash. These cash payments are expected to begin in the fourth quarter of 2025, with the remaining amounts to be paid during 2026. The company also furnished a press release dated November 19, 2025, as an exhibit.

Hyster‑Yale (HY): Schedule 13D/A (Amendment No. 5) reports that entities including GAMCO Asset Management Inc. and Gabelli Funds LLC beneficially own 882,887 Class A shares, equal to 6.18% of the company’s 14,283,983 shares outstanding as reported in the most recent Form 10‑Q for the period ended September 30, 2025.

The amendment notes the reported stake reflects a decrease in ownership, due in part to an increase in shares outstanding disclosed in the Form 10‑Q filed on November 4, 2025. Within the group, GAMCO reports 819,887 shares (5.74%) and Gabelli Funds reports 51,900 shares (0.36%), with smaller positions at other listed entities. GAMCO does not have authority to vote 27,600 of its reported shares. Each reporting person indicates sole voting and dispositive power for its reported holdings, subject to noted fund proxy procedures.

Hyster‑Yale, Inc. furnished an updated investor presentation posted on its website on November 4, 2025, via a Form 8‑K under Items 2.02 and 7.01.

The presentation is attached as Exhibit 99 and is furnished, not filed, meaning it is not subject to Section 18 liability and is not incorporated into other filings unless specifically referenced.

Hyster‑Yale (HY) furnished an 8‑K announcing that additional historical quarterly financial data and updated schedules for its third quarter 2025 results were posted on its website on November 4, 2025. The materials are included as Exhibit 99.

The information is being furnished under Item 2.02 and Item 7.01 and is not deemed filed for purposes of the Exchange Act, nor incorporated by reference, unless specifically referenced.

Hyster‑Yale, Inc. reported Q3 2025 results showing softer demand and margins. Revenue was $979.1 million versus $1,016.1 million a year ago. Gross profit was $155.9 million (down from $192.9 million), and operating profit fell to $2.3 million from $33.1 million, including $1.0 million of restructuring and impairment charges.

The company posted a net loss attributable to stockholders of $2.3 million (diluted EPS $(0.13)) compared with net income of $17.2 million (EPS $0.97) last year. Segment results showed lower profitability in Americas and operating losses in EMEA and JAPIC. Year‑to‑date operating cash flow was $29.6 million versus $90.0 million in 2024, reflecting working‑capital movements and lower earnings.

Liquidity remains supported by an amended $300 million secured revolving credit facility maturing in 2030; the company was in compliance with covenants at September 30, 2025. Cash was $71.1 million (down from $96.6 million at year‑end), and total stockholders’ equity improved to $536.0 million from $475.1 million, aided by other comprehensive income. The quarterly dividend was $0.3600 per share. Bolzoni completed a small acquisition in Italy for $2.6 million in May.

The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 910,812 shares of Hyster-Yale Inc (HY) common stock, representing 6.38% of the class as of 09/30/2025.

The filing lists 0 shares with sole voting power and 80,407 with shared voting power. Vanguard reports 821,718 shares with sole dispositive power and 89,094 with shared dispositive power. The securities are held in the ordinary course, and Vanguard’s clients have rights to dividends or sale proceeds; no other person holds more than 5% via these accounts.

Ann O'Hara, a director of Hyster-Yale, Inc. (HY), received 963 Class A common shares on 10/01/2025 as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. The shares were awarded at a price of $0 and increased her beneficial ownership to 2,996 Class A common shares following the transaction. The Form 4 was executed by attorney-in-fact Suzanne S. Taylor on 10/02/2025. No derivative transactions or additional compensation details are reported in this filing.

Director Dennis W. LaBarre received equity on 10/01/2025 under Hyster-Yale's Non-Employee Directors' Equity Compensation Plan. The Form 4 shows an award of 963 shares of Class A common stock at a $0 price (an equity award, not a purchased transaction). After this award, the reporting person beneficially owns 35,609 shares of Class A common stock. The filing also reports 9,424 Class A shares referenced under derivative holdings, listed as directly beneficially owned. The transaction was reported by an attorney-in-fact signature dated 10/02/2025. This Form 4 documents a routine director equity grant and the resulting ownership positions without additional disclosures.