Wellington Management Group LLP Trims Stock Holdings in Clean Harbors, Inc. $CLH

Wellington Management Group LLP lessened its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 3.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,574,152 shares of the business services provider’s stock after selling 190,853 shares during the quarter. Wellington Management Group LLP owned 10.43% of Clean Harbors worth $1,294,430,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Comerica Bank grew its position in shares of Clean Harbors by 26.6% during the third quarter. Comerica Bank now owns 94,192 shares of the business services provider’s stock worth $21,873,000 after buying an additional 19,815 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Clean Harbors by 313.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,022 shares of the business services provider’s stock valued at $237,000 after acquiring an additional 775 shares in the last quarter. Certuity LLC bought a new stake in Clean Harbors during the third quarter valued at $224,000. Johnson Financial Group Inc. bought a new stake in Clean Harbors during the third quarter valued at $71,000. Finally, Watchtower Advisors LP acquired a new stake in shares of Clean Harbors during the third quarter worth $17,682,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, EVP Sharon M. Gabriel sold 3,540 shares of Clean Harbors stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $282.07, for a total value of $998,527.80. Following the transaction, the executive vice president owned 23,193 shares in the company, valued at approximately $6,542,049.51. The trade was a 13.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Eric W. Gerstenberg sold 601 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $240.90, for a total value of $144,780.90. Following the completion of the transaction, the chief executive officer directly owned 50,454 shares in the company, valued at $12,154,368.60. This represents a 1.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,679 shares of company stock valued at $2,132,403 over the last quarter. Company insiders own 5.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CLH shares. Zacks Research raised shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. The Goldman Sachs Group raised their target price on shares of Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. BMO Capital Markets lifted their target price on Clean Harbors from $290.00 to $310.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. UBS Group upped their target price on Clean Harbors from $240.00 to $300.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Barclays increased their price target on Clean Harbors from $230.00 to $280.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Clean Harbors currently has a consensus rating of “Moderate Buy” and an average target price of $297.64.

Clean Harbors Stock Down 0.2%

Shares of CLH stock opened at $288.77 on Friday. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $298.12. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.00 and a current ratio of 2.33. The business’s fifty day moving average is $270.38 and its 200-day moving average is $244.91. The stock has a market cap of $15.28 billion, a PE ratio of 39.67 and a beta of 0.93.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.03. Clean Harbors had a return on equity of 14.47% and a net margin of 6.48%.The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter last year, the business posted $1.55 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Equities analysts expect that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Key Stories Impacting 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.

About Clean Harbors

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.