K.J. Harrison & Partners Inc Purchases Shares of 10,225 Clean Harbors, Inc. $CLH

K.J. Harrison & Partners Inc acquired a new stake in shares of Clean Harbors, Inc. (NYSE:CLH) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,225 shares of the business services provider’s stock, valued at approximately $3,055,000.

Several other large investors have also modified their holdings of CLH. Elyxium Wealth LLC purchased a new stake in Clean Harbors in the fourth quarter valued at approximately $26,000. Quattro Advisors LLC purchased a new position in Clean Harbors during the fourth quarter worth approximately $26,000. MidFirst Bank purchased a new position in Clean Harbors during the fourth quarter worth approximately $28,000. Parkside Financial Bank & Trust boosted its holdings in shares of Clean Harbors by 205.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 80 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Clean Harbors by 676.5% during the 4th quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock valued at $31,000 after buying an additional 115 shares during the period. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $350.00 target price on shares of Clean Harbors in a research report on Thursday, July 30th. Truist Financial boosted their price target on Clean Harbors from $350.00 to $365.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. The Goldman Sachs Group restated a “neutral” rating on shares of Clean Harbors in a research note on Wednesday, July 29th. Citigroup lifted their price objective on Clean Harbors from $349.00 to $376.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded Clean Harbors from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Clean Harbors presently has an average rating of “Moderate Buy” and a consensus price target of $354.57.

Insider Activity

In other Clean Harbors news, Director Andrea Robertson sold 789 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $314.01, for a total value of $247,753.89. Following the completion of the sale, the director owned 8,979 shares of the company’s stock, valued at $2,819,495.79. This trade represents a 8.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lauren States sold 789 shares of Clean Harbors stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total transaction of $225,803.91. Following the sale, the director owned 11,359 shares in the company, valued at $3,250,832.21. This represents a 6.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 5.00% of the company’s stock.

Clean Harbors Stock Performance

NYSE:CLH opened at $326.36 on Tuesday. The firm’s fifty day simple moving average is $302.52 and its 200 day simple moving average is $293.06. The company has a current ratio of 2.13, a quick ratio of 1.80 and a debt-to-equity ratio of 0.94. Clean Harbors, Inc. has a twelve month low of $201.34 and a twelve month high of $335.94. The firm has a market capitalization of $17.23 billion, a price-to-earnings ratio of 39.61, a PEG ratio of 2.12 and a beta of 0.86.

Clean Harbors (NYSE:CLH) last announced its quarterly earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.41. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.64 billion. Clean Harbors had a return on equity of 15.65% and a net margin of 7.03%.The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.36 EPS. As a group, equities research analysts expect that Clean Harbors, Inc. will post 9.51 earnings per share for the current fiscal year.

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.