Jupiter Asset Management Ltd. Reduces Stock Position in Clean Harbors, Inc. $CLH

Jupiter Asset Management Ltd. decreased its holdings in Clean Harbors, Inc. (NYSE:CLH) by 15.3% during the third quarter, HoldingsChannel.com reports. The firm owned 107,284 shares of the business services provider’s stock after selling 19,314 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Clean Harbors were worth $24,913,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its holdings in Clean Harbors by 102.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,187 shares of the business services provider’s stock valued at $431,000 after buying an additional 1,109 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Clean Harbors by 47.7% during the first quarter. Jones Financial Companies Lllp now owns 607 shares of the business services provider’s stock worth $120,000 after acquiring an additional 196 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Clean Harbors by 12.1% during the first quarter. Goldman Sachs Group Inc. now owns 54,577 shares of the business services provider’s stock valued at $10,757,000 after acquiring an additional 5,884 shares in the last quarter. Stephens Inc. AR raised its stake in shares of Clean Harbors by 3.6% during the second quarter. Stephens Inc. AR now owns 3,547 shares of the business services provider’s stock valued at $820,000 after acquiring an additional 122 shares in the last quarter. Finally, Ethic Inc. boosted its holdings in shares of Clean Harbors by 17.5% in the second quarter. Ethic Inc. now owns 3,272 shares of the business services provider’s stock valued at $756,000 after purchasing an additional 487 shares during the period. 90.43% of the stock is owned by hedge funds and other institutional investors.

Clean Harbors Price Performance

CLH opened at $284.30 on Friday. The firm has a market capitalization of $15.04 billion, a PE ratio of 39.05 and a beta of 0.96. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.33 and a quick ratio of 2.09. The business’s 50-day moving average is $255.42 and its two-hundred day moving average is $240.18. Clean Harbors, Inc. has a 1 year low of $178.29 and a 1 year high of $288.81.

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

Analysts Set New Price Targets

Several research analysts have commented on the company. Needham & Company LLC raised their price objective on Clean Harbors from $290.00 to $308.00 and gave the stock a “buy” rating in a report on Thursday. Raymond James Financial cut their price target on Clean Harbors from $277.00 to $270.00 and set a “strong-buy” rating on the stock in a research note on Thursday, October 30th. BMO Capital Markets upped their price objective on shares of Clean Harbors from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday. Robert W. Baird set a $300.00 target price on shares of Clean Harbors in a research report on Thursday. Finally, Citigroup boosted their price target on shares of Clean Harbors from $274.00 to $302.00 and gave the company a “neutral” rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Clean Harbors has a consensus rating of “Moderate Buy” and an average target price of $283.09.

Trending Headlines about Clean Harbors

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

• Positive Sentiment: Q4 results beat expectations — Clean Harbors reported stronger-than-expected Q4 revenue and EPS (record revenue cited) and management highlighted PFAS-related growth and ongoing operational investments, which underpins the upbeat near-term narrative. Q4 Earnings Transcript
• Positive Sentiment: Analysts lifting targets — Needham raised its price target to $308 and maintained a Buy rating after strong Q4 results, signaling institutional confidence in earnings momentum. Needham Price Target Raise
• Positive Sentiment: Wells Fargo raised its price target to $291 (Equal Weight), reflecting revised valuations after the earnings print. This adds incremental analyst support to the stock. Wells Fargo Price Target
• Positive Sentiment: Acquisition announced — Clean Harbors agreed to buy Depot Connect International’s Industrial and Rail Services business for about $130M, expanding industrial services exposure and potentially accelerating revenue/EBITDA contribution. Depot Connect Acquisition
• Neutral Sentiment: Investor outreach — Clean Harbors will present at the Raymond James conference on March 3, offering additional management access that could clarify strategy and guide sentiment. Conference Participation
• Neutral Sentiment: Analyst/valuation coverage and deep dives — Several post-earnings write-ups explore CLH’s valuation, buybacks, fleet investment and PFAS growth; useful for investors but not immediate catalysts. Valuation Analysis
• Negative Sentiment: Insider selling — Multiple senior insiders sold stock this week: Director John R. Welch sold 750 shares (SEC filing), CFO Eric Dugas sold 2,788 shares (~14.9% reduction in his position), and EVP Sharon Gabriel sold 3,540 shares (~13.2% reduction). Large insider sales can signal portfolio rebalancing or raise governance/conviction questions. Welch SEC Filing Dugas SEC Filing Gabriel SEC Filing
• Negative Sentiment: Mixed/Lower analyst estimates from Zacks — Zacks cut several near-term and FY estimates (including FY2027 down notably), which could temper expectations and limit upside until guidance clarity is provided.

Insider Activity

In other news, Director John R. Welch sold 750 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $273.07, for a total transaction of $204,802.50. Following the completion of the sale, the director owned 10,237 shares in the company, valued at approximately $2,795,417.59. This represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Eric J. Dugas sold 2,788 shares of the firm’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 completion of the sale, the chief financial officer directly owned 15,933 shares of the company’s stock, valued at $4,482,112.23. The trade was a 14.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 7,679 shares of company stock worth $2,132,403. 5.60% of the stock is currently owned by insiders.

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.