Wells Fargo & Company Forecasts Strong Price Appreciation for Clean Harbors (NYSE:CLH) Stock

Clean Harbors (NYSE:CLH) had its price target upped by investment analysts at Wells Fargo & Company from $309.00 to $313.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the business services provider’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 9.11% from the company’s current price.

A number of other research firms have also recently commented on CLH. Raymond James Financial reiterated a “strong-buy” rating and issued a $320.00 target price on shares of Clean Harbors in a research note on Monday, February 23rd. UBS Group boosted their price target on shares of Clean Harbors from $240.00 to $300.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. The Goldman Sachs Group lifted their target price on shares of Clean Harbors from $268.00 to $306.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 8th. Robert W. Baird lifted their target price on shares of Clean Harbors from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, April 16th. Finally, Barclays lifted their target price on shares of Clean Harbors from $230.00 to $280.00 and gave the stock an “equal weight” rating in a research note on Monday, February 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $317.36.

Clean Harbors Stock Down 0.4%

Clean Harbors stock traded down $1.11 during trading hours on Thursday, hitting $286.87. The stock had a trading volume of 792,913 shares, compared to its average volume of 514,090. The stock has a market capitalization of $15.29 billion, a P/E ratio of 39.41 and a beta of 0.92. The stock’s 50-day moving average price is $294.80 and its 200-day moving average price is $260.48. Clean Harbors has a 12-month low of $201.34 and a 12-month high of $316.98. 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 announced its earnings results on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. Clean Harbors had a net margin of 6.48% and a return on equity of 14.47%. The business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the prior year, the company earned $1.09 earnings per share. The firm’s revenue was up 1.9% on a year-over-year basis. Equities research analysts anticipate that Clean Harbors will post 8.25 EPS for the current fiscal year.

Insider Activity

In related news, CFO Eric J. Dugas sold 2,788 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $281.31, for a total transaction of $784,292.28. Following the sale, the chief financial officer directly owned 15,933 shares in the company, valued at approximately $4,482,112.23. This represents a 14.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brian P. Weber sold 4,683 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $293.39, for a total transaction of $1,373,945.37. Following the sale, the executive vice president owned 48,728 shares in the company, valued at $14,296,307.92. The trade was a 8.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 13,597 shares of company stock valued at $3,895,286. 5.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Clean Harbors

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janus Henderson Group PLC lifted its holdings in Clean Harbors by 10.0% in the fourth quarter. Janus Henderson Group PLC now owns 2,376,088 shares of the business services provider’s stock valued at $557,146,000 after acquiring an additional 215,659 shares during the period. State Street Corp lifted its holdings in Clean Harbors by 0.8% in the third quarter. State Street Corp now owns 1,515,621 shares of the business services provider’s stock valued at $351,958,000 after acquiring an additional 12,452 shares during the period. Snyder Capital Management L P lifted its holdings in Clean Harbors by 7.9% in the third quarter. Snyder Capital Management L P now owns 1,148,504 shares of the business services provider’s stock valued at $266,706,000 after acquiring an additional 83,638 shares during the period. Bessemer Group Inc. raised its stake in shares of Clean Harbors by 8.6% during the 3rd quarter. Bessemer Group Inc. now owns 1,097,702 shares of the business services provider’s stock worth $254,908,000 after buying an additional 87,322 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Clean Harbors by 120.8% in the 4th quarter. Nordea Investment Management AB now owns 1,040,594 shares of the business services provider’s stock worth $246,725,000 after buying an additional 569,388 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company’s stock.

Clean Harbors News Roundup

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

• Positive Sentiment: Q1 earnings beat — CLH reported $1.19 EPS vs. $1.15 consensus and improved year?over?year profitability, showing operating leverage in its segments. Zacks: CLH Beats Q1
• Positive Sentiment: Raised full?year profitability & cash?flow outlook — management raised adjusted EBITDA and adjusted free?cash?flow ranges for 2026, signaling confidence in margin expansion and medium?term cash generation. Press Release: Q1 Results
• Positive Sentiment: Analyst upgrades/price?target bumps — Needham raised its target to $325 and Oppenheimer raised its target to $316 (both reiterating bullish views), supporting upside vs. current levels. Needham Price Target Raised Benzinga: Oppenheimer Raise
• Positive Sentiment: Investor commentary supports the quality?growth thesis — recent writeups argue the company’s growth + improving margins make it a durable earnings compounder despite the short?term dip. Seeking Alpha: Quality Growth Story
• Neutral Sentiment: Earnings call materials available — full Q1 transcript and slide deck were published for investors who want management detail on segment performance and capital allocation. Earnings Call Transcript Q1 Slide Deck
• Neutral Sentiment: Peer performance context — coverage comparing CLH to other business?services names this year provides color on relative strength but is not a direct catalyst. Zacks: Peer Comparison
• Negative Sentiment: Slight revenue miss and cash burn — Q1 revenue was ~$1.46B vs. ~$1.47B expected and adjusted free cash flow was negative after heavy capex/strategic spend; investors appear to have priced in a stronger top?line beat, helping trigger the pullback. QuiverQuant: Revenue Miss & Cash Usage
• Negative Sentiment: Significant insider selling — recent disclosures show multiple large insider sales by executives, which can create near?term selling pressure and elevate investor caution. QuiverQuant: Insider Transactions

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.