Clean Harbors, Inc. $CLH Stake Trimmed by Wellington Management Group LLP

Wellington Management Group LLP lessened its stake in shares of Clean Harbors, Inc. (NYSE:CLH) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,574,152 shares of the business services provider’s stock after selling 190,853 shares during the period. Wellington Management Group LLP owned about 0.10% of Clean Harbors worth $1,294,430,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Clean Harbors in the third quarter worth approximately $30,000. Bayforest Capital Ltd purchased a new stake in shares of Clean Harbors in the 3rd quarter valued at approximately $44,000. First Horizon Corp purchased a new stake in shares of Clean Harbors in the 3rd quarter valued at approximately $44,000. SJS Investment Consulting Inc. boosted its stake in Clean Harbors by 2,985.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 216 shares of the business services provider’s stock worth $50,000 after purchasing an additional 209 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its position in Clean Harbors by 58.5% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 225 shares of the business services provider’s stock worth $51,000 after purchasing an additional 83 shares in the last quarter. 90.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on CLH. CJS Securities raised shares of Clean Harbors to a “strong-buy” rating in a research note on Thursday, December 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Clean Harbors in a report on Monday, December 29th. BMO Capital Markets upped their price target on Clean Harbors from $290.00 to $310.00 and gave the company an “outperform” rating in a research report on Wednesday, February 18th. The Goldman Sachs Group increased their price objective on Clean Harbors from $228.00 to $253.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Finally, Oppenheimer lifted their target price on Clean Harbors from $283.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $297.64.

Key Clean Harbors News

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

• Positive Sentiment: Zacks features Clean Harbors as a strong growth stock, highlighting favorable style scores that may attract growth-oriented investors. Here’s Why Clean Harbors (CLH) is a Strong Growth Stock
• Positive Sentiment: UBS raised its price target on CLH to $300 (from $240) while keeping a neutral rating — the new target implies modest upside potential from current levels and can act as a near-term catalyst. Clean Harbors Given New $300.00 Price Target at UBS Group
• Neutral Sentiment: Zacks Research has repeatedly raised its quarterly and fiscal EPS forecasts across 2026–2028 (examples: FY2026 to ~$7.77 from $7.56; FY2027 to ~$8.33). These upward revisions signal improving analyst expectations for profit growth, but Zacks still carries a “Hold” rating — implying cautious optimism rather than a buy recommendation.

Clean Harbors Price Performance

Shares of NYSE:CLH opened at $288.77 on Friday. The firm has a market cap of $15.28 billion, a price-to-earnings ratio of 39.67 and a beta of 0.93. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $298.12. The company has a current ratio of 2.33, a quick ratio of 2.00 and a debt-to-equity ratio of 1.01. The business has a fifty day simple moving average of $270.38 and a 200 day simple moving average of $244.91.

Clean Harbors (NYSE:CLH) last issued its earnings results on Wednesday, February 18th. The business services provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.03. Clean Harbors had a return on equity of 14.47% and a net margin of 6.48%.The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. As a group, sell-side analysts predict that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Insider Transactions at Clean Harbors

In related news, CEO Eric W. Gerstenberg sold 601 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $240.90, for a total value of $144,780.90. Following the transaction, the chief executive officer owned 50,454 shares in the company, valued at approximately $12,154,368.60. This represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Sharon M. Gabriel sold 3,540 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $282.07, for a total transaction of $998,527.80. Following the transaction, the executive vice president directly owned 23,193 shares in the company, valued at approximately $6,542,049.51. The trade was a 13.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,679 shares of company stock valued at $2,132,403 in the last quarter. Corporate insiders own 5.60% of the company’s stock.

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.