Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lowered its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 1.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 243,780 shares of the business services provider's stock after selling 4,279 shares during the quarter. Clean Harbors comprises 2.0% of Leeward Investments LLC MA's investment portfolio, making the stock its largest holding. Leeward Investments LLC MA owned approximately 0.45% of Clean Harbors worth $42,542,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in Clean Harbors by 5.6% in the 3rd quarter. FMR LLC now owns 1,419,048 shares of the business services provider's stock worth $237,492,000 after acquiring an additional 75,038 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Clean Harbors by 12.5% during the 4th quarter. Vontobel Holding Ltd. now owns 612,015 shares of the business services provider's stock valued at $106,803,000 after buying an additional 67,809 shares in the last quarter. Federated Hermes Inc. grew its holdings in Clean Harbors by 1.1% during the 3rd quarter. Federated Hermes Inc. now owns 470,192 shares of the business services provider's stock valued at $78,691,000 after buying an additional 5,213 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Clean Harbors by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 456,888 shares of the business services provider's stock valued at $76,465,000 after buying an additional 4,229 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Clean Harbors by 61.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 394,245 shares of the business services provider's stock valued at $65,983,000 after buying an additional 150,251 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Buying and Selling at Clean Harbors

In other news, Director John T. Preston sold 1,913 shares of Clean Harbors stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $188.36, for a total value of $360,332.68. Following the transaction, the director now directly owns 4,767 shares in the company, valued at approximately $897,912.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Brian P. Weber sold 7,996 shares of Clean Harbors stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $199.07, for a total value of $1,591,763.72. Following the transaction, the executive vice president now directly owns 62,803 shares in the company, valued at approximately $12,502,193.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John T. Preston sold 1,913 shares of Clean Harbors stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $188.36, for a total value of $360,332.68. Following the completion of the transaction, the director now owns 4,767 shares in the company, valued at $897,912.12. The disclosure for this sale can be found here. Insiders sold a total of 25,185 shares of company stock valued at $4,819,554 in the last ninety days. Corporate insiders own 6.70% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on CLH shares. Needham & Company LLC lifted their target price on Clean Harbors from $200.00 to $235.00 and gave the company a "buy" rating in a report on Tuesday, April 9th. Stifel Nicolaus restated a "buy" rating and set a $220.00 price target on shares of Clean Harbors in a report on Monday, April 22nd. StockNews.com upgraded Clean Harbors from a "buy" rating to a "strong-buy" rating in a report on Friday, March 29th. BMO Capital Markets raised their price objective on Clean Harbors from $200.00 to $225.00 and gave the company an "outperform" rating in a research note on Thursday, March 28th. Finally, Truist Financial raised their price objective on Clean Harbors from $200.00 to $210.00 and gave the company a "buy" rating in a research note on Thursday, February 22nd. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $207.90.

Clean Harbors Stock Down 0.3 %

NYSE CLH traded down $0.64 on Friday, reaching $194.00. 277,281 shares of the stock traded hands, compared to its average volume of 267,953. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.66 and a current ratio of 1.98. The company has a fifty day moving average price of $192.35 and a 200-day moving average price of $175.99. The company has a market cap of $10.60 billion, a price-to-earnings ratio of 27.91 and a beta of 1.24. Clean Harbors, Inc. has a 12 month low of $129.70 and a 12 month high of $204.06.

Clean Harbors (NYSE:CLH - Get Free Report) last issued its earnings results on Wednesday, February 21st. The business services provider reported $1.82 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.13. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.36 billion. Clean Harbors had a return on equity of 17.83% and a net margin of 6.99%. Clean Harbors's revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 EPS. As a group, research analysts forecast that Clean Harbors, Inc. will post 7.4 EPS for the current fiscal year.

Clean Harbors 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.