Deutsche Bank AG Makes New Investment in Clean Harbors, Inc. $CLH

Key Points

• Deutsche Bank initiated a Clean Harbors stake, purchasing 51,836 shares valued at approximately $15.5 million, while institutional investors collectively own 90.43% of the company.
• Clean Harbors reported strong quarterly results, with EPS of $3.22 beating estimates by $0.41 and revenue increasing 11.9% year over year to $1.74 billion. Zacks also raised several earnings forecasts, though the stock trades at an elevated price-to-earnings ratio of about 38.
• Analyst sentiment remains favorable, with the stock holding a “Moderate Buy” consensus rating and an average price target of $354.57; however, company insiders have sold 4,078 shares worth approximately $1.28 million over the past three months.

Deutsche Bank AG bought a new stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 51,836 shares of the business services provider's stock, valued at approximately $15,486,000. Deutsche Bank AG owned 0.10% of Clean Harbors as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Elyxium Wealth LLC acquired a new stake in shares of Clean Harbors in the fourth quarter worth $26,000. Quattro Advisors LLC acquired a new position in Clean Harbors during the fourth quarter valued at $26,000. MidFirst Bank acquired a new position in Clean Harbors during the fourth quarter valued at $28,000. Parkside Financial Bank & Trust lifted its stake in Clean Harbors by 205.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider's stock worth $28,000 after acquiring an additional 80 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Clean Harbors by 676.5% in the 4th quarter. Larson Financial Group LLC now owns 132 shares of the business services provider's stock worth $31,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

More Clean Harbors News

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

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $9.51 from $8.28 and its FY2027 estimate to $9.48 from $8.85. The firm also lifted estimates for Q3 2026 to $3.14 from $2.57, Q4 2026 to $1.97 from $1.90, Q1 2027 to $1.47 from $1.40, Q2 2027 to $2.83 from $2.75, Q3 2027 to $3.10 from $2.69, Q4 2027 to $2.08 from $2.02, and Q1 2028 to $1.15 from $1.05. The upgrades suggest stronger expected operating performance and earnings momentum for Clean Harbors. Clean Harbors analyst estimate revisions
• Neutral Sentiment: The revised FY2026 EPS forecast of $9.51 now matches the broader analyst consensus, reducing the likelihood that the change alone will create a major positive surprise. Clean Harbors recently reported quarterly results above expectations, with revenue rising 11.9% year over year, but its valuation remains relatively elevated at about 38 times earnings.
• Negative Sentiment: Zacks slightly lowered its Q2 2028 EPS estimate to $2.51 from $2.52. The reduction is immaterial, but it provides a minor counterpoint to the otherwise favorable revisions.

Insider Buying and Selling

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 2,500 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $321.34, for a total transaction of $803,350.00. Following the transaction, the chief executive officer directly owned 56,793 shares of the company's stock, valued at $18,249,862.62. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Lauren States sold 789 shares of the firm's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total value of $225,803.91. Following the transaction, the director owned 11,359 shares in the company, valued at approximately $3,250,832.21. This trade represents a 6.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,078 shares of company stock worth $1,276,908. Corporate insiders own 5.00% of the company's stock.

Clean Harbors Stock Performance

CLH stock opened at $316.64 on Friday. The company has a quick ratio of 1.80, a current ratio of 2.13 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 38.43, a P/E/G ratio of 2.04 and a beta of 0.86. Clean Harbors, Inc. has a 12 month low of $201.34 and a 12 month high of $335.94. The firm has a 50 day moving average of $305.16 and a two-hundred day moving average of $294.56.

Clean Harbors (NYSE:CLH - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share for the quarter, beating analysts' consensus estimates of $2.81 by $0.41. Clean Harbors had a net margin of 7.03% and a return on equity of 15.65%. The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter last year, the firm earned $2.36 EPS. Clean Harbors's revenue for the quarter was up 11.9% on a year-over-year basis. As a group, equities analysts anticipate that Clean Harbors, Inc. will post 9.72 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CLH. Wall Street Zen raised Clean Harbors from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Barclays raised their price target on shares of Clean Harbors from $305.00 to $325.00 and gave the stock an "equal weight" rating in a report on Thursday, July 30th. Citigroup boosted their price objective on shares of Clean Harbors from $349.00 to $376.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Clean Harbors in a research note on Wednesday, July 29th. Finally, TD Cowen increased their target price on shares of Clean Harbors from $335.00 to $380.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $354.57.

Clean Harbors 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.

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