HighVista Strategies LLC Makes New Investment in Clean Harbors, Inc. $CLH

HighVista Strategies LLC acquired a new position in shares of Clean Harbors, Inc. (NYSE:CLH) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 9,106 shares of the business services provider’s stock, valued at approximately $2,115,000.

Several other large investors have also recently bought and sold shares of CLH. Focus Partners Wealth acquired a new stake in Clean Harbors in the third quarter valued at $341,000. Brevan Howard Capital Management LP grew its position in shares of Clean Harbors by 51.7% in the 3rd quarter. Brevan Howard Capital Management LP now owns 8,018 shares of the business services provider’s stock valued at $1,862,000 after buying an additional 2,731 shares during the last quarter. California Public Employees Retirement System raised its stake in Clean Harbors by 7.0% during the 3rd quarter. California Public Employees Retirement System now owns 108,256 shares of the business services provider’s stock worth $25,139,000 after acquiring an additional 7,051 shares in the last quarter. Cannell Capital LLC lifted its position in Clean Harbors by 78.3% in the third quarter. Cannell Capital LLC now owns 23,067 shares of the business services provider’s stock valued at $5,357,000 after acquiring an additional 10,130 shares during the last quarter. Finally, Chilton Investment Co. Inc. boosted its stake in Clean Harbors by 0.3% in the third quarter. Chilton Investment Co. Inc. now owns 134,293 shares of the business services provider’s stock valued at $31,186,000 after acquiring an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Insider Activity

In other 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 completion of the transaction, the chief financial officer owned 15,933 shares of the company’s stock, valued at $4,482,112.23. This represents a 14.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John R. Welch sold 750 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $273.07, for a total transaction of $204,802.50. Following the completion of the sale, the director directly owned 10,237 shares in the company, valued at $2,795,417.59. This represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 7,679 shares of company stock worth $2,132,403. Corporate insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CLH shares. BMO Capital Markets increased their price objective on Clean Harbors from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday, February 18th. TD Cowen reiterated a “buy” rating on shares of Clean Harbors in a research note on Thursday, February 19th. Zacks Research raised shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. Needham & Company LLC raised their price target on Clean Harbors from $290.00 to $308.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Finally, Robert W. Baird set a $300.00 price objective on Clean Harbors in a research report on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $297.64.

Clean Harbors Stock Performance

NYSE:CLH opened at $288.77 on Monday. Clean Harbors, Inc. has a fifty-two week low of $178.29 and a fifty-two week high of $298.12. The company has a quick ratio of 2.00, a current ratio of 2.33 and a debt-to-equity ratio of 1.01. The stock has a market cap of $15.28 billion, a PE ratio of 39.67 and a beta of 0.92. The firm’s fifty day simple moving average is $270.38 and its 200-day simple moving average is $244.90.

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

Key Stories Impacting Clean Harbors

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

• Positive Sentiment: Zacks features Clean Harbors as a strong growth stock, highlighting favorable style scores that may attract growth-oriented investors. Here’s Why Clean Harbors (CLH) is a Strong Growth Stock
• Positive Sentiment: UBS raised its price target on CLH to $300 (from $240) while keeping a neutral rating — the new target implies modest upside potential from current levels and can act as a near-term catalyst. Clean Harbors Given New $300.00 Price Target at UBS Group
• Neutral Sentiment: Zacks Research has repeatedly raised its quarterly and fiscal EPS forecasts across 2026–2028 (examples: FY2026 to ~$7.77 from $7.56; FY2027 to ~$8.33). These upward revisions signal improving analyst expectations for profit growth, but Zacks still carries a “Hold” rating — implying cautious optimism rather than a buy recommendation.

Clean Harbors Company 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.