HighVista Strategies LLC Makes New Investment in Clean Harbors, Inc. $CLH

HighVista Strategies LLC bought a new position in shares of Clean Harbors, Inc. (NYSE:CLH) in the third quarter, Holdings Channel reports. The firm bought 9,106 shares of the business services provider’s stock, valued at approximately $2,115,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allworth Financial LP lifted its stake in shares of Clean Harbors by 22.8% during the second quarter. Allworth Financial LP now owns 232 shares of the business services provider’s stock worth $54,000 after purchasing an additional 43 shares in the last quarter. MAI Capital Management lifted its position in Clean Harbors by 6.1% during the 2nd quarter. MAI Capital Management now owns 839 shares of the business services provider’s stock worth $194,000 after acquiring an additional 48 shares in the last quarter. HB Wealth Management LLC grew its position in Clean Harbors by 5.2% in the third quarter. HB Wealth Management LLC now owns 990 shares of the business services provider’s stock valued at $230,000 after acquiring an additional 49 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of Clean Harbors by 0.5% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,460 shares of the business services provider’s stock valued at $2,197,000 after purchasing an additional 49 shares during the period. Finally, SkyView Investment Advisors LLC boosted its stake in shares of Clean Harbors by 2.3% in the second quarter. SkyView Investment Advisors LLC now owns 2,378 shares of the business services provider’s stock valued at $549,000 after purchasing an additional 53 shares during the period. 90.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CLH has been the subject of a number of analyst reports. Citigroup upped their price objective on shares of Clean Harbors from $274.00 to $302.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Needham & Company LLC raised their price objective on Clean Harbors from $290.00 to $308.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. The Goldman Sachs Group lifted their price objective on Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Raymond James Financial reiterated a “strong-buy” rating and set a $320.00 target price on shares of Clean Harbors in a research note on Monday, February 23rd. Finally, CJS Securities raised shares of 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 given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $297.64.

Clean Harbors News Summary

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.

Insider Buying and Selling

In related news, EVP Sharon M. Gabriel sold 3,540 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $282.07, for a total transaction of $998,527.80. Following the completion of the transaction, the executive vice president directly owned 23,193 shares in the company, valued at $6,542,049.51. This represents a 13.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Eric W. Gerstenberg sold 601 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $240.90, for a total value of $144,780.90. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 7,679 shares of company stock worth $2,132,403. 5.60% of the stock is owned by company insiders.

Clean Harbors Stock Down 0.2%

Shares of Clean Harbors stock opened at $288.77 on Monday. The business has a 50-day moving average price of $270.38 and a 200 day moving average price of $244.90. Clean Harbors, Inc. has a fifty-two week low of $178.29 and a fifty-two week high of $298.12. The firm has a market cap of $15.28 billion, a P/E ratio of 39.67 and a beta of 0.92. The company has a quick ratio of 2.00, a current ratio of 2.33 and a debt-to-equity ratio of 1.01.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.03. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.46 billion. Clean Harbors had a net margin of 6.48% and a return on equity of 14.47%. Clean Harbors’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 earnings per share. On average, sell-side analysts forecast that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

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.