Eric Dugas Sells 2,788 Shares of Clean Harbors (NYSE:CLH) Stock

Clean Harbors, Inc. (NYSE:CLH) CFO Eric Dugas sold 2,788 shares of Clean Harbors stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $281.31, for a total value of $784,292.28. Following the transaction, the chief financial officer directly owned 15,933 shares of the company’s stock, valued at $4,482,112.23. The trade was a 14.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Clean Harbors Price Performance

Shares of Clean Harbors stock traded up $4.05 on Friday, reaching $285.39. The stock had a trading volume of 469,805 shares, compared to its average volume of 497,008. The business’s 50 day moving average is $254.57 and its two-hundred day moving average is $239.85. The company has a current ratio of 2.33, a quick ratio of 2.09 and a debt-to-equity ratio of 1.01. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $288.81. The company has a market cap of $15.25 billion, a P/E ratio of 39.20 and a beta of 0.96.

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

Wall Street Analysts Forecast Growth

CLH has been the subject of several research analyst reports. Raymond James Financial dropped their price objective on Clean Harbors from $277.00 to $270.00 and set a “strong-buy” rating for the company in a research note on Thursday, October 30th. Zacks Research upgraded Clean Harbors from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th. Wells Fargo & Company boosted their price objective on Clean Harbors from $248.00 to $291.00 and gave the stock an “equal weight” rating in a report on Thursday. Needham & Company LLC raised their target price on shares of Clean Harbors from $290.00 to $308.00 and gave the company a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets lifted their target price on shares of Clean Harbors from $290.00 to $310.00 and gave the company an “outperform” rating in a research report on Wednesday. Two investment 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $280.55.

Hedge Funds Weigh In On Clean Harbors

A number of large investors have recently modified their holdings of CLH. T. Rowe Price Investment Management Inc. grew its stake in shares of Clean Harbors by 69,453.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 34,081 shares of the business services provider’s stock valued at $7,992,000 after buying an additional 34,032 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Clean Harbors by 3,782.7% during the 4th quarter. Corient Private Wealth LLC now owns 194,718 shares of the business services provider’s stock valued at $45,657,000 after acquiring an additional 189,703 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Clean Harbors by 40.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 10,521 shares of the business services provider’s stock worth $2,467,000 after acquiring an additional 3,037 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in Clean Harbors in the 4th quarter worth approximately $551,000. Finally, Pillsbury Lake Capital LLC bought a new stake in Clean Harbors in the fourth quarter valued at approximately $5,288,000. 90.43% of the stock is owned by hedge funds and other institutional investors.

More Clean Harbors News

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

• Positive Sentiment: Q4 beat and upbeat results — Clean Harbors reported record/strong Q4 revenue and EPS above estimates, underpinning the share strength. Clean Harbors (NYSE:CLH) Reaches New 52-Week High After Earnings Beat
• Positive Sentiment: Analysts raised forecasts and price targets after the quarter — Needham raised its target to $308 (buy) and other brokers bumped targets/forecasts, signaling renewed confidence and supporting the rally. Clean Harbors Analysts Raise Their Forecasts After Strong Q4 Earnings
• Positive Sentiment: Strategic acquisition expands industrial & rail capabilities — Clean Harbors agreed to buy Depot Connect International’s Industrial and Rail Services for ~ $130M, broadening service footprint and revenue mix. Depot Connect International Streamlines Portfolio with Sale of Industrial and Rail Services to Clean Harbors
• Positive Sentiment: Operational growth themes — Management highlighted PFAS-related service expansion and fleet/investment spending that support longer-term revenue opportunities. CLH Q4 deep dive: PFAS growth and operational investments underpin steady outlook
• Neutral Sentiment: Investor outreach — Clean Harbors will present at the Raymond James conference (March 3), offering another forum for management to detail strategy and potentially influence near-term investor sentiment. Clean Harbors to Participate in Raymond James Investor Conference on March 3
• Neutral Sentiment: Deeper coverage and valuation pieces published — Several outlets reviewed valuation after the quarter, buybacks, and fleet investments; useful reading but mixed for immediate price action. A Look At Clean Harbors (CLH) Valuation After Earnings, Buybacks, Fleet Investment And Environmental Acquisition
• Negative Sentiment: Zacks trimmed several forward-quarter and FY estimates — Zacks lowered Q1/Q2 and FY2027 EPS views, signaling some caution on near-term cadence despite the beat; this could cap upside if other analysts follow. Zacks Research estimates changes for Clean Harbors
• Negative Sentiment: Management tone contains caution — Earnings call noted strong cash but a cautious near-term outlook, which may restrain enthusiasm if growth proves uneven. Clean Harbors Earnings Call Highlights Record Cash, Cautious Outlook

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.