Vanguard Group Inc. Sells 30,868 Shares of Clean Harbors, Inc. $CLH

Vanguard Group Inc. cut its position in Clean Harbors, Inc. (NYSE:CLH) by 0.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,552,397 shares of the business services provider’s stock after selling 30,868 shares during the period. Vanguard Group Inc. owned about 0.09% of Clean Harbors worth $1,057,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CLH. Root Financial Partners LLC purchased a new stake in Clean Harbors in the 3rd quarter worth $30,000. Golden State Wealth Management LLC boosted its stake in shares of Clean Harbors by 145.3% in the second quarter. Golden State Wealth Management LLC now owns 184 shares of the business services provider’s stock worth $43,000 after acquiring an additional 109 shares during the period. Bayforest Capital Ltd purchased a new stake in shares of Clean Harbors during the third quarter worth about $44,000. First Horizon Corp purchased a new stake in shares of Clean Harbors during the third quarter worth about $44,000. Finally, SJS Investment Consulting Inc. raised its stake in Clean Harbors by 2,985.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 216 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 209 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Clean Harbors Price Performance

CLH stock opened at $284.30 on Friday. Clean Harbors, Inc. has a 52 week low of $178.29 and a 52 week high of $288.81. The firm has a market capitalization of $15.04 billion, a P/E ratio of 39.05 and a beta of 0.96. The company has a fifty day simple moving average of $255.42 and a two-hundred day simple moving average of $240.17. The company has a quick ratio of 2.09, a current ratio of 2.33 and a debt-to-equity ratio of 1.01.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.03. Clean Harbors had a net margin of 6.48% and a return on equity of 14.47%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same period in the previous year, the firm posted $1.55 EPS. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Analysts anticipate that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. The Goldman Sachs Group upped their price target on Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Zacks Research raised shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. BMO Capital Markets lifted their price target on shares of Clean Harbors from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday. TD Cowen reiterated a “buy” rating on shares of Clean Harbors in a research note on Thursday. Finally, Truist Financial raised their price objective on Clean Harbors from $250.00 to $310.00 and gave the company a “buy” rating in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $283.09.

Key Headlines Impacting Clean Harbors

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Q4 results beat expectations — Clean Harbors reported stronger-than-expected Q4 revenue and EPS (record revenue cited) and management highlighted PFAS-related growth and ongoing operational investments, which underpins the upbeat near-term narrative. Q4 Earnings Transcript
• Positive Sentiment: Analysts lifting targets — Needham raised its price target to $308 and maintained a Buy rating after strong Q4 results, signaling institutional confidence in earnings momentum. Needham Price Target Raise
• Positive Sentiment: Wells Fargo raised its price target to $291 (Equal Weight), reflecting revised valuations after the earnings print. This adds incremental analyst support to the stock. Wells Fargo Price Target
• Positive Sentiment: Acquisition announced — Clean Harbors agreed to buy Depot Connect International’s Industrial and Rail Services business for about $130M, expanding industrial services exposure and potentially accelerating revenue/EBITDA contribution. Depot Connect Acquisition
• Neutral Sentiment: Investor outreach — Clean Harbors will present at the Raymond James conference on March 3, offering additional management access that could clarify strategy and guide sentiment. Conference Participation
• Neutral Sentiment: Analyst/valuation coverage and deep dives — Several post-earnings write-ups explore CLH’s valuation, buybacks, fleet investment and PFAS growth; useful for investors but not immediate catalysts. Valuation Analysis
• Negative Sentiment: Insider selling — Multiple senior insiders sold stock this week: Director John R. Welch sold 750 shares (SEC filing), CFO Eric Dugas sold 2,788 shares (~14.9% reduction in his position), and EVP Sharon Gabriel sold 3,540 shares (~13.2% reduction). Large insider sales can signal portfolio rebalancing or raise governance/conviction questions. Welch SEC Filing Dugas SEC Filing Gabriel SEC Filing
• Negative Sentiment: Mixed/Lower analyst estimates from Zacks — Zacks cut several near-term and FY estimates (including FY2027 down notably), which could temper expectations and limit upside until guidance clarity is provided.

Insider Activity

In related news, CFO Eric J. Dugas sold 2,788 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $281.31, for a total transaction of $784,292.28. Following the transaction, the chief financial officer directly owned 15,933 shares in the company, valued at approximately $4,482,112.23. This represents a 14.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sharon M. Gabriel sold 3,540 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $282.07, for a total value of $998,527.80. Following the transaction, the executive vice president directly owned 23,193 shares in the company, valued at approximately $6,542,049.51. This represents a 13.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 7,679 shares of company stock worth $2,132,403. 5.60% of the stock is currently owned by insiders.

Clean Harbors Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.