Recent Investment Analysts’ Ratings Updates for Clean Harbors (CLH)

Clean Harbors (NYSE: CLH) has recently received a number of price target changes and ratings updates:

• 2/20/2025 – Clean Harbors had its price target lowered by analysts at Oppenheimer Holdings Inc. from $256.00 to $254.00. They now have an “outperform” rating on the stock.
• 2/20/2025 – Clean Harbors had its price target lowered by analysts at BMO Capital Markets from $284.00 to $270.00. They now have an “outperform” rating on the stock.
• 2/20/2025 – Clean Harbors had its price target lowered by analysts at Robert W. Baird from $285.00 to $272.00. They now have an “outperform” rating on the stock.
• 2/20/2025 – Clean Harbors had its price target lowered by analysts at Stifel Nicolaus from $290.00 to $285.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Clean Harbors had its price target lowered by analysts at Truist Financial Co. from $280.00 to $270.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Clean Harbors had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $268.00 price target on the stock.
• 1/16/2025 – Clean Harbors had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $268.00 price target on the stock.
• 1/13/2025 – Clean Harbors had its price target raised by analysts at Oppenheimer Holdings Inc. from $255.00 to $256.00. They now have an “outperform” rating on the stock.

Clean Harbors Stock Performance

CLH opened at $211.97 on Friday. Clean Harbors, Inc. has a twelve month low of $176.02 and a twelve month high of $267.11. The stock has a market cap of $11.43 billion, a PE ratio of 28.57 and a beta of 1.24. The business’s 50 day moving average is $233.69 and its 200-day moving average is $242.09. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings data on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.19. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned $1.82 earnings per share. On average, analysts predict that Clean Harbors, Inc. will post 8.08 earnings per share for the current year.

Insider Activity at Clean Harbors

In related news, EVP Brian P. Weber sold 861 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total transaction of $224,987.91. Following the completion of the sale, the executive vice president now directly owns 59,346 shares in the company, valued at approximately $15,507,703.26. This trade represents a 1.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lauren States sold 308 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total transaction of $70,467.32. Following the completion of the transaction, the director now directly owns 11,918 shares in the company, valued at $2,726,719.22. This trade represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,785 shares of company stock valued at $444,558 over the last ninety days. Insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Clean Harbors

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Clean Harbors by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 4,659,064 shares of the business services provider’s stock valued at $1,072,237,000 after acquiring an additional 11,814 shares during the last quarter. Wellington Management Group LLP grew its holdings in Clean Harbors by 17.2% during the fourth quarter. Wellington Management Group LLP now owns 4,044,092 shares of the business services provider’s stock valued at $930,707,000 after purchasing an additional 592,341 shares during the last quarter. Select Equity Group L.P. raised its position in shares of Clean Harbors by 4.8% in the fourth quarter. Select Equity Group L.P. now owns 1,751,478 shares of the business services provider’s stock valued at $403,085,000 after purchasing an additional 80,436 shares during the period. FMR LLC lifted its stake in shares of Clean Harbors by 12.0% in the third quarter. FMR LLC now owns 1,747,215 shares of the business services provider’s stock worth $422,319,000 after buying an additional 187,140 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of Clean Harbors by 72.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,658,128 shares of the business services provider’s stock worth $381,602,000 after buying an additional 697,630 shares during the period. 90.43% of the stock is owned by institutional investors and hedge funds.

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.