Clean Harbors, Inc. $CLH Shares Bought by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. lifted its position in shares of Clean Harbors, Inc. (NYSE:CLH) by 94.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,997 shares of the business services provider’s stock after buying an additional 8,252 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Clean Harbors were worth $4,874,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CLH. Janus Henderson Group PLC lifted its holdings in shares of Clean Harbors by 10.0% during the 4th 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 in the last quarter. State Street Corp lifted its stake in Clean Harbors by 0.8% during the third quarter. State Street Corp now owns 1,515,621 shares of the business services provider’s stock worth $351,958,000 after purchasing an additional 12,452 shares during the last quarter. Nordea Investment Management AB grew its position in shares of 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 valued at $246,725,000 after buying an additional 569,388 shares during the last quarter. Geode Capital Management LLC boosted its position in Clean Harbors by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 917,779 shares of the business services provider’s stock valued at $215,247,000 after purchasing an additional 11,020 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Clean Harbors by 8.6% during the fourth quarter. First Trust Advisors LP now owns 707,994 shares of the business services provider’s stock worth $166,010,000 after acquiring an additional 56,309 shares during the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Clean Harbors Price Performance

NYSE CLH opened at $291.00 on Friday. The stock has a market cap of $15.38 billion, a price-to-earnings ratio of 39.43 and a beta of 0.86. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.99 and a current ratio of 2.34. Clean Harbors, Inc. has a 52-week low of $201.34 and a 52-week high of $316.98. The business has a 50 day simple moving average of $292.82 and a 200 day simple moving average of $279.56.

Clean Harbors (NYSE:CLH) last released its earnings results on Wednesday, May 6th. The business services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The firm had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter in the previous year, the business posted $1.09 EPS. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. Analysts anticipate that Clean Harbors, Inc. will post 8.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Lauren States sold 789 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total value of $225,803.91. Following the transaction, the director owned 11,359 shares in the company, valued at approximately $3,250,832.21. This represents a 6.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CLH has been the topic of a number of recent analyst reports. UBS Group lifted their price objective on shares of Clean Harbors from $300.00 to $315.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Truist Financial increased their target price on Clean Harbors from $310.00 to $325.00 and gave the company a “buy” rating in a report on Monday, April 20th. Oppenheimer boosted their target price on Clean Harbors from $310.00 to $316.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Needham & Company LLC raised their target price on Clean Harbors from $308.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, 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 report on Wednesday, April 8th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $323.23.

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.