M&T Bank Corp Boosts Stock Position in Clean Harbors, Inc. $CLH

M&T Bank Corp boosted its holdings in shares of Clean Harbors, Inc. (NYSE:CLH) by 31.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,614 shares of the business services provider’s stock after purchasing an additional 3,463 shares during the quarter. M&T Bank Corp’s holdings in Clean Harbors were worth $3,427,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CLH. Durable Capital Partners LP purchased a new stake in Clean Harbors during the 3rd quarter worth approximately $133,217,000. Nordea Investment Management AB increased its holdings in Clean Harbors by 120.8% during 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 purchasing an additional 569,388 shares during the last quarter. Two Sigma Investments LP increased its holdings in Clean Harbors by 148.3% during the 3rd quarter. Two Sigma Investments LP now owns 384,494 shares of the business services provider’s stock worth $89,287,000 after purchasing an additional 229,666 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC purchased a new stake in Clean Harbors during the 3rd quarter worth approximately $28,925,000. Finally, Shannon River Fund Management LLC purchased a new stake in Clean Harbors during the 3rd quarter worth approximately $26,907,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CLH shares. The Goldman Sachs Group lifted their price objective on Clean Harbors from $268.00 to $306.00 and gave the stock a “neutral” rating in a report on Wednesday, April 8th. Raymond James Financial reiterated a “strong-buy” rating and issued a $320.00 price target on shares of Clean Harbors in a report on Monday, February 23rd. Robert W. Baird boosted their price target on Clean Harbors from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. Barclays boosted their price target on Clean Harbors from $230.00 to $280.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Finally, Oppenheimer boosted their price target on Clean Harbors from $310.00 to $316.00 and gave the company an “outperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $318.83.

Key Headlines Impacting Clean Harbors

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

• Positive Sentiment: Q1 EPS beat and company raised full?year profitability and cash?flow guidance — CLH reported $1.19 EPS (above consensus) and raised 2026 adjusted EBITDA and adjusted free?cash?flow ranges, which supports the company’s growth story and longer?term cash?flow outlook. Clean Harbors beats profit view, raises full-year outlook
• Positive Sentiment: Multiple analysts raised price targets and forecasts after the quarter — Needham, Oppenheimer and Wells Fargo among others lifted targets (Needham to $325, Oppenheimer to $316, Wells Fargo to $313) and some firms boosted earnings models, supporting upside vs. the current share price. These Analysts Boost Their Forecasts On Clean Harbors After Q1 Results
• Positive Sentiment: Industry/strategy writeups highlight CLH as a quality growth name — recent pieces argue the company’s recurring environmental services and investment pipeline make it attractive to growth investors. Clean Harbors: Why The Quality Growth Story Holds Despite The Dip
• Neutral Sentiment: Full earnings materials and call transcript are available for deeper detail — investors should review the slide deck and Q&A for segment-level trends and capex guidance. Q1 Results Slide Deck / Press Release Q1 2026 Earnings Transcript
• Neutral Sentiment: Peer/sector comparisons show CLH performance vs. business?services peers — useful context for relative valuation but not an immediate catalyst. Is Clean Harbors (CLH) Stock Outpacing Its Business Services Peers This Year?
• Negative Sentiment: Slight revenue miss vs. expectations weighed on sentiment — Q1 revenue was ~$1.46B vs. ~1.47B expected, and the top?line shortfall appears to have tempered enthusiasm despite the EPS beat. Sales below analyst estimates in Q1
• Negative Sentiment: Q1 cash?flow was negative due to heavy capex and strategic investments — the quarter consumed cash, which raised near?term liquidity/usage questions even as management lifted forward FCF guidance. That dynamic likely contributed to selling pressure. Analysis: falls as investors weigh slight revenue miss and cash?flow usage
• Negative Sentiment: Significant insider selling disclosed in some reports may add to investor caution — recent filings show executives sold shares, which investors sometimes view as a negative signal. Insider trading and institutional moves

Clean Harbors Price Performance

Shares of NYSE CLH opened at $282.16 on Friday. Clean Harbors, Inc. has a twelve month low of $201.34 and a twelve month high of $316.98. The company has a current ratio of 2.34, a quick ratio of 2.00 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $15.04 billion, a price-to-earnings ratio of 38.23 and a beta of 0.92. The business has a 50 day simple moving average of $294.75 and a 200-day simple moving average of $260.80.

Clean Harbors (NYSE:CLH) last issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.47 billion. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.09 EPS. As a group, equities research analysts expect that Clean Harbors, Inc. will post 8.25 earnings per share for the current year.

Insider Activity

In related news, Director Marcy L. Reed sold 836 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $287.94, for a total transaction of $240,717.84. Following the completion of the transaction, the director directly owned 5,081 shares in the company, valued at $1,463,023.14. This represents a 14.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Eric J. Dugas sold 2,788 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $281.31, for a total value of $784,292.28. Following the transaction, the chief financial officer owned 15,933 shares of the company’s stock, valued at approximately $4,482,112.23. The trade was a 14.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,597 shares of company stock worth $3,895,286 over the last 90 days. Insiders own 5.00% of the company’s stock.

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.