Robeco Schweiz AG Has $58.47 Million Stock Position in Clean Harbors, Inc. (NYSE:CLH)

Robeco Schweiz AG lifted its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 2.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 296,656 shares of the business services provider's stock after acquiring an additional 6,501 shares during the period. Clean Harbors makes up approximately 1.4% of Robeco Schweiz AG's holdings, making the stock its 24th biggest holding. Robeco Schweiz AG owned 0.55% of Clean Harbors worth $58,471,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CLH. Jones Financial Companies Lllp raised its position in shares of Clean Harbors by 337.2% in the 4th quarter. Jones Financial Companies Lllp now owns 411 shares of the business services provider's stock valued at $95,000 after acquiring an additional 317 shares during the period. Steward Partners Investment Advisory LLC increased its stake in Clean Harbors by 39.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,846 shares of the business services provider's stock worth $425,000 after purchasing an additional 523 shares in the last quarter. Assetmark Inc. increased its stake in Clean Harbors by 10,250.0% during the 4th quarter. Assetmark Inc. now owns 207 shares of the business services provider's stock worth $48,000 after purchasing an additional 205 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Clean Harbors during the 4th quarter worth approximately $16,525,000. Finally, EverSource Wealth Advisors LLC increased its stake in Clean Harbors by 0.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 10,134 shares of the business services provider's stock worth $2,332,000 after purchasing an additional 72 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Clean Harbors news, insider Robert Speights sold 1,022 shares of Clean Harbors stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $228.49, for a total transaction of $233,516.78. Following the completion of the transaction, the insider directly owned 16,310 shares of the company's stock, valued at $3,726,671.90. The trade was a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Brian P. Weber sold 3,035 shares of Clean Harbors stock in a transaction on Friday, June 13th. The stock was sold at an average price of $227.17, for a total transaction of $689,460.95. Following the transaction, the executive vice president directly owned 54,548 shares of the company's stock, valued at approximately $12,391,669.16. This trade represents a 5.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,112 shares of company stock valued at $3,416,406. 5.60% of the stock is owned by company insiders.

Clean Harbors Stock Performance

CLH stock traded up $1.59 during trading hours on Friday, reaching $232.84. The stock had a trading volume of 298,331 shares, compared to its average volume of 353,065. The stock has a market capitalization of $12.48 billion, a PE ratio of 32.25 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.37 and a quick ratio of 1.98. The stock has a 50-day simple moving average of $228.28 and a 200 day simple moving average of $220.05. Clean Harbors, Inc. has a fifty-two week low of $178.29 and a fifty-two week high of $267.11.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The business services provider reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.07. The firm had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.44 billion. Clean Harbors had a net margin of 6.58% and a return on equity of 15.47%. The company's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.29 earnings per share. Analysts predict that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on CLH. The Goldman Sachs Group lowered their target price on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Truist Financial lowered their target price on Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. UBS Group decreased their price target on shares of Clean Harbors from $240.00 to $205.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Needham & Company LLC decreased their price target on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Finally, Wall Street Zen raised shares of Clean Harbors from a "hold" rating to a "buy" rating in a research note on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Clean Harbors currently has an average rating of "Moderate Buy" and a consensus target price of $257.67.

Clean Harbors Company Profile

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.