Vanguard Personalized Indexing Management LLC Has $1.71 Million Stock Position in Clean Harbors, Inc. (NYSE:CLH)

Vanguard Personalized Indexing Management LLC raised its position in Clean Harbors, Inc. (NYSE:CLH) by 4.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,541 shares of the business services provider’s stock after acquiring an additional 343 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Clean Harbors were worth $1,705,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CLH. Norges Bank acquired a new position in Clean Harbors in the 4th quarter valued at approximately $87,074,000. Lazard Freres Gestion S.A.S. acquired a new position in Clean Harbors in the 2nd quarter valued at approximately $42,968,000. Wellington Management Group LLP raised its holdings in Clean Harbors by 5.3% in the 4th quarter. Wellington Management Group LLP now owns 3,654,929 shares of the business services provider’s stock valued at $637,822,000 after acquiring an additional 182,622 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in Clean Harbors by 93.1% in the 1st quarter. DAVENPORT & Co LLC now owns 264,416 shares of the business services provider’s stock valued at $53,124,000 after acquiring an additional 127,498 shares in the last quarter. Finally, Spirepoint Private Client LLC acquired a new position in Clean Harbors in the 1st quarter valued at approximately $16,594,000. Institutional investors and hedge funds own 90.43% of the company’s stock.

Insider Buying and Selling at Clean Harbors

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

Clean Harbors Trading Down 0.2 %

CLH stock opened at $246.88 on Friday. The business has a fifty day moving average price of $236.37 and a 200 day moving average price of $218.02. Clean Harbors, Inc. has a fifty-two week low of $132.92 and a fifty-two week high of $247.74. The stock has a market capitalization of $13.32 billion, a price-to-earnings ratio of 35.73 and a beta of 1.20. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.10 and a quick ratio of 1.76.

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, beating analysts’ consensus estimates of $2.21 by $0.25. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.53 billion. Clean Harbors had a return on equity of 17.12% and a net margin of 6.97%. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period last year, the company earned $2.13 EPS. Analysts expect that Clean Harbors, Inc. will post 7.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CLH has been the subject of a number of recent research reports. StockNews.com raised Clean Harbors from a “buy” rating to a “strong-buy” rating in a report on Monday, September 16th. Stifel Nicolaus reissued a “buy” rating and issued a $275.00 target price (up from $240.00) on shares of Clean Harbors in a report on Thursday, August 1st. The Goldman Sachs Group increased their target price on Clean Harbors from $223.00 to $256.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Truist Financial increased their target price on Clean Harbors from $240.00 to $260.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. Finally, Robert W. Baird increased their target price on Clean Harbors from $242.00 to $268.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $242.40.

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.