Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by New York State Common Retirement Fund

New York State Common Retirement Fund raised its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 2.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,931 shares of the business services provider's stock after buying an additional 2,178 shares during the period. New York State Common Retirement Fund owned about 0.15% of Clean Harbors worth $15,557,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CLH. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Clean Harbors by 2.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 4,634 shares of the business services provider's stock valued at $913,000 after purchasing an additional 122 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Clean Harbors by 16.2% in the 1st quarter. Concurrent Investment Advisors LLC now owns 1,059 shares of the business services provider's stock worth $209,000 after buying an additional 148 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Clean Harbors by 18.6% during the first quarter. Janney Montgomery Scott LLC now owns 8,310 shares of the business services provider's stock valued at $1,638,000 after purchasing an additional 1,301 shares during the last quarter. Deutsche Bank AG boosted its holdings in Clean Harbors by 1.0% in the 4th quarter. Deutsche Bank AG now owns 5,793 shares of the business services provider's stock valued at $1,333,000 after purchasing an additional 56 shares during the period. Finally, Ritholtz Wealth Management bought a new position in shares of Clean Harbors in the first quarter worth approximately $202,000. Institutional investors own 90.43% of the company's stock.

Analyst Ratings Changes

CLH has been the subject of a number of research reports. Wall Street Zen upgraded Clean Harbors from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Needham & Company LLC cut their price objective on Clean Harbors from $268.00 to $255.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Robert W. Baird upped their price target on Clean Harbors from $250.00 to $255.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Truist Financial decreased their target price on Clean Harbors from $270.00 to $250.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Finally, UBS Group dropped their price objective on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $257.67.

Insider Activity

In related news, Director Alison A. Quirk sold 893 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $223.69, for a total transaction of $199,755.17. Following the transaction, the director owned 2,978 shares in the company, valued at $666,148.82. The trade was a 23.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John R. Welch sold 1,250 shares of the stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $228.51, for a total transaction of $285,637.50. Following the transaction, the director owned 11,402 shares in the company, valued at approximately $2,605,471.02. This trade represents a 9.88% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,112 shares of company stock valued at $3,416,406. 5.60% of the stock is owned by corporate insiders.

Clean Harbors Price Performance

Shares of Clean Harbors stock traded down $1.13 on Friday, reaching $227.72. 383,585 shares of the stock were exchanged, compared to its average volume of 354,967. The firm's 50 day moving average is $228.78 and its 200-day moving average is $220.01. The firm has a market cap of $12.20 billion, a PE ratio of 31.54 and a beta of 1.16. Clean Harbors, Inc. has a one year low of $178.29 and a one year high of $267.11. 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 (NYSE:CLH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.07. Clean Harbors had a net margin of 6.58% and a return on equity of 15.47%. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the company posted $1.29 earnings per share. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. As a group, analysts anticipate that Clean Harbors, Inc. will post 7.89 EPS 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.