Clean Harbors, Inc. $CLH Shares Bought by Cannell Capital LLC

Cannell Capital LLC lifted its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 78.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,067 shares of the business services provider’s stock after acquiring an additional 10,130 shares during the quarter. Cannell Capital LLC’s holdings in Clean Harbors were worth $5,357,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CLH. Root Financial Partners LLC acquired a new position in Clean Harbors during the third quarter worth $30,000. Bayforest Capital Ltd purchased a new stake in Clean Harbors during the third quarter worth $44,000. First Horizon Corp acquired a new stake in Clean Harbors in the third quarter valued at $44,000. SJS Investment Consulting Inc. increased its position in shares of Clean Harbors by 2,985.7% in the third quarter. SJS Investment Consulting Inc. now owns 216 shares of the business services provider’s stock valued at $50,000 after buying an additional 209 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of Clean Harbors by 58.5% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the business services provider’s stock valued at $51,000 after buying an additional 83 shares in the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Eric J. Dugas sold 2,788 shares of the company’s stock in a transaction that occurred on 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 owned 15,933 shares of the company’s stock, valued at approximately $4,482,112.23. This represents a 14.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Eric W. Gerstenberg sold 601 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $240.90, for a total transaction of $144,780.90. Following the sale, the chief executive officer owned 50,454 shares in the company, valued at approximately $12,154,368.60. This trade represents a 1.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 7,679 shares of company stock valued at $2,132,403. 5.60% of the stock is owned by corporate insiders.

Clean Harbors News Summary

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 Stock Down 0.2%

CLH opened at $288.77 on Friday. 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 firm has a market cap of $15.28 billion, a P/E ratio of 39.67 and a beta of 0.93. Clean Harbors, Inc. has a 52 week low of $178.29 and a 52 week high of $298.12. The business’s fifty day simple moving average is $270.38 and its 200 day simple moving average is $244.91.

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

Analyst Upgrades and Downgrades

Several research firms recently commented on CLH. TD Cowen reiterated a “buy” rating on shares of Clean Harbors in a research report on Thursday, February 19th. Raymond James Financial restated a “strong-buy” rating and set a $320.00 target price on shares of Clean Harbors in a report on Monday, February 23rd. The Goldman Sachs Group lifted their target price on shares of Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. Wells Fargo & Company upped their price target on shares of Clean Harbors from $248.00 to $291.00 and gave the company an “equal weight” rating in a report on Thursday, February 19th. Finally, CJS Securities upgraded shares of Clean Harbors to a “strong-buy” rating in a research report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Clean Harbors currently has an average rating of “Moderate Buy” and a consensus price target of $297.64.

About Clean Harbors

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.