Sirios Capital Management L P Grows Stock Position in Clean Harbors, Inc. $CLH

Key Points

• Sirios Capital increased its position in Clean Harbors by 11.2% to 76,930 shares (~$17.9M), while other institutions (Snyder, Bessemer, First Trust) also added shares and Norges Bank and Nordea initiated large new stakes, leaving institutional ownership at about 90.43%.
• Analyst sentiment is broadly positive but mixed: the consensus rating is Moderate Buy with an average price target of $297.64 after several firms raised their targets (examples: UBS and Oppenheimer to ~$300).
• Clean Harbors posted a slight quarterly beat (EPS $1.62 vs $1.59; revenue $1.50B vs $1.46B estimates) and the stock is trading near its one‑year high (opened at $288.77; 52‑week high $298.12).

Sirios Capital Management L P boosted its holdings in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 11.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 76,930 shares of the business services provider's stock after acquiring an additional 7,742 shares during the period. Clean Harbors accounts for about 2.3% of Sirios Capital Management L P's portfolio, making the stock its 13th largest holding. Sirios Capital Management L P owned approximately 0.14% of Clean Harbors worth $17,865,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Snyder Capital Management L P lifted its stake in shares of Clean Harbors by 7.9% in the 3rd quarter. Snyder Capital Management L P now owns 1,148,504 shares of the business services provider's stock valued at $266,706,000 after purchasing an additional 83,638 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Clean Harbors by 8.6% during the 3rd quarter. Bessemer Group Inc. now owns 1,097,702 shares of the business services provider's stock worth $254,908,000 after purchasing an additional 87,322 shares during the period. First Trust Advisors LP increased its position in shares of Clean Harbors by 18.5% during the 3rd quarter. First Trust Advisors LP now owns 651,685 shares of the business services provider's stock worth $151,334,000 after purchasing an additional 101,509 shares during the last quarter. Norges Bank purchased a new stake in Clean Harbors in the 2nd quarter valued at about $147,632,000. Finally, Nordea Investment Management AB purchased a new stake in Clean Harbors in the 3rd quarter valued at about $108,608,000. Institutional investors and hedge funds own 90.43% of the company's stock.

Analyst Upgrades and Downgrades

CLH has been the subject of several research analyst reports. TD Cowen reaffirmed a "buy" rating on shares of Clean Harbors in a research note on Thursday, February 19th. Barclays boosted their price target on shares of Clean Harbors from $230.00 to $280.00 and gave the company an "equal weight" rating in a research note on Monday, February 23rd. Wells Fargo & Company increased their price objective on shares of Clean Harbors from $248.00 to $291.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 19th. Oppenheimer lifted their target price on shares of Clean Harbors from $283.00 to $300.00 and gave the company an "outperform" rating in a report on Thursday, February 19th. Finally, CJS Securities raised Clean Harbors to a "strong-buy" rating in a research report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $297.64.

Clean Harbors Stock Performance

Shares of Clean Harbors stock opened at $288.77 on Friday. The business has a 50-day simple moving average of $270.38 and a 200-day simple moving average of $244.91. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.00 and a current ratio of 2.33. Clean Harbors, Inc. has a one year low of $178.29 and a one year high of $298.12. The company has a market cap of $15.28 billion, a PE ratio of 39.67 and a beta of 0.93.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.59 by $0.03. Clean Harbors had a net margin of 6.48% and a return on equity of 14.47%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same period last year, the business earned $1.55 EPS. The company's revenue was up 4.8% on a year-over-year basis. On average, equities research analysts forecast that Clean Harbors, Inc. will post 7.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Eric W. Gerstenberg sold 601 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $240.90, for a total value of $144,780.90. Following the transaction, the chief executive officer owned 50,454 shares in the company, valued at approximately $12,154,368.60. This represents a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John R. Welch sold 750 shares of the firm's stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $273.07, for a total value of $204,802.50. Following the sale, the director directly owned 10,237 shares in the company, valued at $2,795,417.59. This trade represents a 6.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 7,679 shares of company stock valued at $2,132,403. 5.60% of the stock is owned by insiders.

Trending Headlines about Clean Harbors

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

• Positive Sentiment: Zacks features Clean Harbors as a strong growth stock, highlighting favorable style scores that may attract growth-oriented investors. Here's Why Clean Harbors (CLH) is a Strong Growth Stock
• Positive Sentiment: UBS raised its price target on CLH to $300 (from $240) while keeping a neutral rating — the new target implies modest upside potential from current levels and can act as a near-term catalyst. Clean Harbors Given New $300.00 Price Target at UBS Group
• Neutral Sentiment: Zacks Research has repeatedly raised its quarterly and fiscal EPS forecasts across 2026–2028 (examples: FY2026 to ~$7.77 from $7.56; FY2027 to ~$8.33). These upward revisions signal improving analyst expectations for profit growth, but Zacks still carries a "Hold" rating — implying cautious optimism rather than a buy recommendation.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.