Clean Harbors, Inc. (NYSE:CLH) Shares Bought by Williamson Legacy Group LLC

Williamson Legacy Group LLC grew its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 1.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,727 shares of the business services provider’s stock after acquiring an additional 53 shares during the period. Williamson Legacy Group LLC’s holdings in Clean Harbors were worth $858,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Wellington Management Group LLP boosted its position in shares of Clean Harbors by 3.0% during the 3rd quarter. Wellington Management Group LLP now owns 3,451,751 shares of the business services provider’s stock worth $834,323,000 after purchasing an additional 100,394 shares in the last quarter. FMR LLC boosted its position in shares of Clean Harbors by 12.0% during the 3rd quarter. FMR LLC now owns 1,747,215 shares of the business services provider’s stock worth $422,319,000 after purchasing an additional 187,140 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Clean Harbors by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 1,598,915 shares of the business services provider’s stock worth $386,477,000 after purchasing an additional 7,948 shares in the last quarter. State Street Corp boosted its position in shares of Clean Harbors by 1.5% during the 3rd quarter. State Street Corp now owns 1,510,363 shares of the business services provider’s stock worth $365,070,000 after purchasing an additional 21,662 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Clean Harbors by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 847,715 shares of the business services provider’s stock worth $204,955,000 after purchasing an additional 11,808 shares in the last quarter. 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, Director Lauren States sold 308 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $245.06, for a total value of $75,478.48. Following the transaction, the director now directly owns 12,534 shares in the company, valued at approximately $3,071,582.04. This represents a 2.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders have sold 924 shares of company stock worth $219,570. Corporate insiders own 5.90% of the company’s stock.

Clean Harbors Price Performance

NYSE:CLH opened at $213.24 on Friday. The firm has a market cap of $11.48 billion, a price-to-earnings ratio of 28.74 and a beta of 1.24. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The company’s 50-day moving average is $230.70 and its two-hundred day moving average is $241.38. Clean Harbors, Inc. has a 12-month low of $180.37 and a 12-month high of $267.11.

Clean Harbors (NYSE:CLH) last released its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.19. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.43 billion. Clean Harbors had a net margin of 6.83% and a return on equity of 16.33%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.82 EPS. Research analysts expect that Clean Harbors, Inc. will post 7.89 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. StockNews.com lowered shares of Clean Harbors from a “buy” rating to a “hold” rating in a research report on Tuesday. Truist Financial decreased their target price on shares of Clean Harbors from $280.00 to $270.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. BMO Capital Markets decreased their price objective on shares of Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Oppenheimer decreased their price objective on shares of Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Finally, Stifel Nicolaus decreased their price objective on shares of Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $270.56.

About Clean Harbors

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.