Clean Harbors (NYSE:CLH – Get Free Report) had its price target raised by stock analysts at Wells Fargo & Company from $248.00 to $291.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the business services provider’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 2.36% from the stock’s previous close.
Several other research firms have also recently weighed in on CLH. Raymond James Financial lowered their price target on Clean Harbors from $277.00 to $270.00 and set a “strong-buy” rating on the stock in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Clean Harbors in a research note on Monday, December 29th. UBS Group cut their price target on shares of Clean Harbors from $245.00 to $240.00 and set a “neutral” rating for the company in a research note on Friday, October 31st. CJS Securities raised shares of Clean Harbors to a “strong-buy” rating in a report on Thursday, December 11th. Finally, TD Cowen restated a “buy” rating on shares of Clean Harbors in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $283.09.
View Our Latest Research Report on CLH
Clean Harbors Stock Up 1.1%
Clean Harbors (NYSE:CLH – Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, topping 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 firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Analysts anticipate that Clean Harbors will post 7.89 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director John R. Welch sold 750 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 10,237 shares in the company, valued at $2,795,417.59. This trade represents a 6.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Eric J. Dugas sold 2,788 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were 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 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. Insiders have sold 7,679 shares of company stock valued at $2,132,403 in the last 90 days. 5.60% of the stock is owned by insiders.
Institutional Investors Weigh In On Clean Harbors
Institutional investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC bought a new stake in shares of Clean Harbors in the fourth quarter worth about $26,000. Quattro Advisors LLC bought a new position in Clean Harbors during the 4th quarter valued at approximately $26,000. Parkside Financial Bank & Trust lifted its holdings in Clean Harbors by 205.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 119 shares of the business services provider’s stock worth $28,000 after buying an additional 80 shares during the period. Root Financial Partners LLC purchased a new stake in Clean Harbors in the 3rd quarter worth approximately $30,000. Finally, Larson Financial Group LLC grew its position in shares of Clean Harbors by 676.5% in the 4th quarter. Larson Financial Group LLC now owns 132 shares of the business services provider’s stock worth $31,000 after buying an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 90.43% of the company’s stock.
More Clean Harbors News
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.
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.
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