3,095 Shares in Clean Harbors, Inc. $CLH Bought by NewEdge Wealth LLC

NewEdge Wealth LLC bought a new position in Clean Harbors, Inc. (NYSE:CLH) in the second quarter, HoldingsChannel.com reports. The firm bought 3,095 shares of the business services provider’s stock, valued at approximately $925,000.

Other large investors have also recently added to or reduced their stakes in the company. Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Clean Harbors in the second quarter valued at about $11,082,000. M.D. Sass LLC bought a new position in shares of Clean Harbors during the second quarter worth about $80,814,000. Citizens Financial Group Inc. RI acquired a new stake in Clean Harbors in the 2nd quarter valued at approximately $208,000. K.J. Harrison & Partners Inc acquired a new stake in Clean Harbors in the 2nd quarter valued at approximately $3,055,000. Finally, BlackRock Inc. bought a new stake in Clean Harbors in the 2nd quarter valued at approximately $1,516,521,000. Institutional investors own 90.43% of the company’s stock.

Clean Harbors Stock Down 1.6%

NYSE:CLH opened at $316.64 on Friday. Clean Harbors, Inc. has a twelve month low of $201.34 and a twelve month high of $335.94. The firm has a market capitalization of $16.72 billion, a price-to-earnings ratio of 38.43, a price-to-earnings-growth ratio of 2.08 and a beta of 0.86. The company has a quick ratio of 1.80, a current ratio of 2.13 and a debt-to-equity ratio of 0.94. The stock’s 50 day moving average price is $305.16 and its two-hundred day moving average price is $294.56.

Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, July 29th. The business services provider reported $3.22 EPS for the quarter, beating the consensus estimate of $2.81 by $0.41. Clean Harbors had a return on equity of 15.65% and a net margin of 7.03%.The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the firm posted $2.36 EPS. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Equities research analysts expect that Clean Harbors, Inc. will post 9.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CLH shares. BMO Capital Markets upped their price target on Clean Harbors from $340.00 to $342.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Clean Harbors in a report on Wednesday, July 29th. Truist Financial boosted their price objective on shares of Clean Harbors from $350.00 to $365.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. UBS Group raised their target price on shares of Clean Harbors from $300.00 to $315.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of Clean Harbors from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $354.57.

Insider Buying and Selling at Clean Harbors

In related news, Director Lauren States sold 789 shares of Clean Harbors stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $286.19, for a total transaction of $225,803.91. Following the completion of the transaction, the director owned 11,359 shares in the company, valued at approximately $3,250,832.21. This trade represents a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Robertson sold 789 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $314.01, for a total value of $247,753.89. Following the transaction, the director directly owned 8,979 shares in the company, valued at approximately $2,819,495.79. This trade represents a 8.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,078 shares of company stock worth $1,276,908 over the last quarter. 5.00% of the stock is currently owned by insiders.

Clean Harbors News Summary

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

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $9.51 from $8.28 and its FY2027 estimate to $9.48 from $8.85. The firm also lifted estimates for Q3 2026 to $3.14 from $2.57, Q4 2026 to $1.97 from $1.90, Q1 2027 to $1.47 from $1.40, Q2 2027 to $2.83 from $2.75, Q3 2027 to $3.10 from $2.69, Q4 2027 to $2.08 from $2.02, and Q1 2028 to $1.15 from $1.05. The upgrades suggest stronger expected operating performance and earnings momentum for Clean Harbors. Clean Harbors analyst estimate revisions
• Neutral Sentiment: The revised FY2026 EPS forecast of $9.51 now matches the broader analyst consensus, reducing the likelihood that the change alone will create a major positive surprise. Clean Harbors recently reported quarterly results above expectations, with revenue rising 11.9% year over year, but its valuation remains relatively elevated at about 38 times earnings.
• Negative Sentiment: Zacks slightly lowered its Q2 2028 EPS estimate to $2.51 from $2.52. The reduction is immaterial, but it provides a minor counterpoint to the otherwise favorable revisions.

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.