Lauren States Sells 789 Shares of Clean Harbors (NYSE:CLH) Stock

Clean Harbors, Inc. (NYSE:CLH) Director Lauren States sold 789 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total transaction of $225,803.91. Following the sale, the director owned 11,359 shares of the company’s stock, valued at $3,250,832.21. This trade represents a 6.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Clean Harbors Stock Performance

Shares of NYSE CLH opened at $280.12 on Friday. The firm has a 50 day moving average of $295.48 and a 200 day moving average of $267.89. The company has a current ratio of 2.34, a quick ratio of 1.99 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 37.96 and a beta of 0.92. Clean Harbors, Inc. has a 12-month low of $201.34 and a 12-month high of $316.98.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, May 6th. The business services provider reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.47 billion. Clean Harbors had a net margin of 6.53% and a return on equity of 14.37%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.09 earnings per share. On average, research analysts anticipate that Clean Harbors, Inc. will post 8.5 earnings per share for the current year.

Clean Harbors News Summary

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Zacks Research raised Clean Harbors’ earnings estimates across multiple near- and medium-term periods, including a higher Q2 2026 EPS forecast and a larger FY2027 estimate, signaling improving expectations for profitability and supporting the stock.
• Positive Sentiment: The company already delivered a recent earnings beat, with Q1 EPS of $1.19 topping consensus, which adds credibility to the stronger analyst outlook.
• Neutral Sentiment: One small revision lowered Q1 2028 EPS to $1.05 from $1.06, but the change is minimal and unlikely to move the stock on its own.
• Negative Sentiment: Recent insider selling by Director Lauren States, who sold 789 shares, may temper enthusiasm slightly, though the transaction was relatively small versus her remaining stake.

Hedge Funds Weigh In On Clean Harbors

Hedge funds have recently modified their holdings of the company. Elyxium Wealth LLC bought a new position in shares of Clean Harbors in the fourth quarter worth approximately $26,000. Quattro Advisors LLC bought a new position in shares of Clean Harbors during the fourth quarter worth $26,000. MidFirst Bank bought a new position in shares of Clean Harbors during the fourth quarter worth $28,000. Parkside Financial Bank & Trust boosted its position in shares of Clean Harbors by 205.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock worth $28,000 after acquiring an additional 80 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Clean Harbors during the third quarter worth $30,000. 90.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. TD Cowen boosted their target price on shares of Clean Harbors from $320.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Raymond James Financial restated a “strong-buy” rating and set a $320.00 target price on shares of Clean Harbors in a research report on Monday, February 23rd. The Goldman Sachs Group upped their price target on shares of Clean Harbors from $268.00 to $306.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 8th. Citigroup upgraded shares of Clean Harbors from a “neutral” rating to a “buy” rating and upped their price target for the stock from $302.00 to $346.00 in a research report on Wednesday, April 8th. Finally, Truist Financial upped their price target on shares of Clean Harbors from $310.00 to $325.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $322.08.

Clean Harbors Company 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.