Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Fulton Bank N.A.

Fulton Bank N.A. trimmed its stake in Clean Harbors, Inc. (NYSE:CLH) by 4.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,431 shares of the business services provider’s stock after selling 158 shares during the quarter. Fulton Bank N.A.’s holdings in Clean Harbors were worth $829,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new stake in shares of Clean Harbors during the 2nd quarter worth $25,000. Rise Advisors LLC acquired a new stake in Clean Harbors during the 1st quarter valued at $27,000. GAMMA Investing LLC increased its position in shares of Clean Harbors by 47.9% during the first quarter. GAMMA Investing LLC now owns 173 shares of the business services provider’s stock worth $35,000 after acquiring an additional 56 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Clean Harbors during the 2nd quarter worth approximately $56,000. Finally, Creekmur Asset Management LLC acquired a new position in shares of Clean Harbors in the 4th quarter valued at approximately $50,000. Institutional investors and hedge funds own 90.43% of the company’s stock.

Clean Harbors Stock Up 1.9 %

NYSE:CLH opened at $251.31 on Wednesday. The company has a current ratio of 2.10, a quick ratio of 1.76 and a debt-to-equity ratio of 1.14. Clean Harbors, Inc. has a 1 year low of $132.92 and a 1 year high of $252.50. The stock has a 50-day moving average price of $240.39 and a two-hundred day moving average price of $222.82. The stock has a market cap of $13.55 billion, a price-to-earnings ratio of 36.37 and a beta of 1.20.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings data on Wednesday, July 31st. The business services provider reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.25. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.53 billion. Clean Harbors had a net margin of 6.97% and a return on equity of 17.12%. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.13 earnings per share. As a group, equities analysts expect that Clean Harbors, Inc. will post 7.65 earnings per share for the current year.

Insider Buying and Selling at Clean Harbors

In other news, Director Lauren States sold 309 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $244.09, for a total value of $75,423.81. Following the completion of the sale, the director now owns 13,458 shares of the company’s stock, valued at approximately $3,284,963.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Clean Harbors news, Director Lauren States sold 309 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $244.09, for a total transaction of $75,423.81. Following the completion of the transaction, the director now owns 13,458 shares of the company’s stock, valued at approximately $3,284,963.22. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Louis Battles sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $245.74, for a total value of $2,457,400.00. Following the completion of the transaction, the chief executive officer now owns 77,136 shares of the company’s stock, valued at $18,955,400.64. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.90% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on CLH shares. Truist Financial boosted their target price on shares of Clean Harbors from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. StockNews.com cut Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Stifel Nicolaus restated a “buy” rating and set a $275.00 price objective (up previously from $240.00) on shares of Clean Harbors in a research report on Thursday, August 1st. The Goldman Sachs Group upped their target price on Clean Harbors from $223.00 to $256.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Finally, Robert W. Baird raised their target price on Clean Harbors from $242.00 to $268.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Clean Harbors has an average rating of “Buy” and an average price target of $242.40.

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.