Clean Harbors, Inc. (NYSE:CLH) is Leeward Investments LLC MA's 5th Largest Position

Leeward Investments LLC MA lowered its holdings in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 8.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 157,954 shares of the business services provider's stock after selling 14,677 shares during the period. Clean Harbors comprises 1.7% of Leeward Investments LLC MA's holdings, making the stock its 5th largest holding. Leeward Investments LLC MA owned about 0.29% of Clean Harbors worth $31,133,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Clean Harbors by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 4,659,064 shares of the business services provider's stock valued at $1,072,237,000 after acquiring an additional 11,814 shares during the last quarter. Wellington Management Group LLP raised its stake in Clean Harbors by 17.2% during the fourth quarter. Wellington Management Group LLP now owns 4,044,092 shares of the business services provider's stock worth $930,707,000 after buying an additional 592,341 shares during the last quarter. Select Equity Group L.P. raised its stake in Clean Harbors by 4.8% during the fourth quarter. Select Equity Group L.P. now owns 1,751,478 shares of the business services provider's stock worth $403,085,000 after buying an additional 80,436 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in Clean Harbors by 72.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,658,128 shares of the business services provider's stock worth $381,602,000 after buying an additional 697,630 shares during the last quarter. Finally, Janus Henderson Group PLC raised its stake in Clean Harbors by 0.8% during the fourth quarter. Janus Henderson Group PLC now owns 1,612,082 shares of the business services provider's stock worth $371,002,000 after buying an additional 13,167 shares during the last quarter. Institutional investors own 90.43% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. UBS Group lowered their target price 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. Wall Street Zen upgraded shares of Clean Harbors from a "hold" rating to a "buy" rating in a report on Thursday, May 1st. Needham & Company LLC reduced their price target on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Truist Financial reduced their price target on shares of Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, The Goldman Sachs Group reduced their price target on shares of Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Clean Harbors presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.67.

Insider Transactions at Clean Harbors

In other news, insider Robert Speights sold 1,022 shares of Clean Harbors stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $228.49, for a total value of $233,516.78. Following the completion of the transaction, the insider owned 16,310 shares in the company, valued at $3,726,671.90. This trade represents a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alison A. Quirk sold 893 shares of Clean Harbors stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $223.69, for a total transaction of $199,755.17. Following the completion of the transaction, the director owned 2,978 shares of the company's stock, valued at $666,148.82. The trade was a 23.07% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,112 shares of company stock valued at $3,416,406. 5.60% of the stock is currently owned by insiders.

Clean Harbors Stock Performance

CLH stock traded up $0.39 during mid-day trading on Monday, hitting $234.54. The company had a trading volume of 422,491 shares, compared to its average volume of 352,332. The firm has a market cap of $12.57 billion, a PE ratio of 32.48 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.98 and a current ratio of 2.37. Clean Harbors, Inc. has a 12 month low of $178.29 and a 12 month high of $267.11. The stock's fifty day moving average price is $226.66 and its two-hundred day moving average price is $219.91.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.02 by $0.07. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 earnings per share. On average, analysts forecast that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

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.