Clean Harbors, Inc. (NYSE:CLH) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc cut its stake in shares of Clean Harbors, Inc. (NYSE:CLH – Get Rating) by 2.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 17,155 shares of the business services provider’s stock after selling 475 shares during the period. Ensign Peak Advisors Inc’s holdings in Clean Harbors were worth $1,887,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Clean Harbors by 3.6% during the first quarter. Vanguard Group Inc. now owns 4,892,851 shares of the business services provider’s stock worth $546,237,000 after acquiring an additional 171,052 shares during the period. Dimensional Fund Advisors LP raised its position in Clean Harbors by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,655,982 shares of the business services provider’s stock worth $182,125,000 after acquiring an additional 21,572 shares during the period. Invesco Ltd. raised its position in Clean Harbors by 6.7% during the first quarter. Invesco Ltd. now owns 1,378,894 shares of the business services provider’s stock worth $153,941,000 after acquiring an additional 87,183 shares during the period. State Street Corp raised its position in Clean Harbors by 0.8% during the second quarter. State Street Corp now owns 1,368,217 shares of the business services provider’s stock worth $119,952,000 after acquiring an additional 11,227 shares during the period. Finally, Artemis Investment Management LLP raised its position in Clean Harbors by 30.7% during the third quarter. Artemis Investment Management LLP now owns 1,364,963 shares of the business services provider’s stock worth $150,316,000 after acquiring an additional 320,550 shares during the period. 88.13% of the stock is currently owned by institutional investors and hedge funds.

Clean Harbors Stock Down 0.5 %

Shares of CLH opened at $137.59 on Friday. The stock has a market capitalization of $7.44 billion, a PE ratio of 18.20 and a beta of 1.37. Clean Harbors, Inc. has a 1 year low of $81.56 and a 1 year high of $140.69. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.68 and a current ratio of 1.99. The company’s 50-day simple moving average is $128.03 and its 200-day simple moving average is $120.73.

Clean Harbors (NYSE:CLH – Get Rating) last issued its quarterly earnings results on Wednesday, March 1st. The business services provider reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.15. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Clean Harbors had a net margin of 7.97% and a return on equity of 22.03%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 earnings per share. Analysts forecast that Clean Harbors, Inc. will post 6.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CLH shares. Raymond James upped their target price on shares of Clean Harbors from $150.00 to $155.00 and gave the stock a “strong-buy” rating in a report on Sunday, March 5th. Needham & Company LLC upped their target price on shares of Clean Harbors from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Thursday, March 2nd. BMO Capital Markets upped their target price on shares of Clean Harbors from $132.00 to $154.00 and gave the stock an “outperform” rating in a report on Thursday, March 2nd. Finally, Oppenheimer upped their target price on shares of Clean Harbors from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, March 2nd. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $145.00.

Insider Buying and Selling at Clean Harbors

In other news, CAO Eric J. Dugas sold 3,274 shares of the firm’s stock in a transaction that occurred on Tuesday, December 13th. The shares were sold at an average price of $122.39, for a total transaction of $400,704.86. Following the transaction, the chief accounting officer now directly owns 26,286 shares in the company, valued at $3,217,143.54. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Robert Speights sold 3,327 shares of Clean Harbors stock in a transaction on Thursday, December 29th. The stock was sold at an average price of $113.71, for a total transaction of $378,313.17. Following the completion of the transaction, the insider now owns 36,340 shares of the company’s stock, valued at approximately $4,132,221.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Eric J. Dugas sold 3,274 shares of Clean Harbors stock in a transaction dated Tuesday, December 13th. The stock was sold at an average price of $122.39, for a total value of $400,704.86. Following the sale, the chief accounting officer now owns 26,286 shares of the company’s stock, valued at approximately $3,217,143.54. The disclosure for this sale can be found here. Insiders have sold 31,760 shares of company stock worth $3,858,515 over the last three months. Insiders own 6.60% of the company’s stock.

Clean Harbors Company Profile

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Clean Harbors, Inc engages in the provision of environmental, energy, and industrial services. It operates through the Environmental Services and the Safety-Kleen Sustainability Solutions segments. The Environmental Services segment consists of the technical services, industrial services, field services, and oil, gas, and lodging businesses.