Aaron Wealth Advisors LLC Purchases 3,320 Shares of Clean Harbors, Inc. $CLH

Aaron Wealth Advisors LLC boosted its holdings in Clean Harbors, Inc. (NYSE:CLH) by 216.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,853 shares of the business services provider’s stock after acquiring an additional 3,320 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Clean Harbors were worth $1,138,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in Clean Harbors in the third quarter valued at about $30,000. True Wealth Design LLC lifted its holdings in shares of Clean Harbors by 102.7% during the fourth quarter. True Wealth Design LLC now owns 152 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 77 shares during the period. Bayforest Capital Ltd bought a new position in shares of Clean Harbors during the third quarter valued at $44,000. First Horizon Corp bought a new position in shares of Clean Harbors during the third quarter valued at $44,000. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of Clean Harbors by 2,985.7% during the third quarter. SJS Investment Consulting Inc. now owns 216 shares of the business services provider’s stock valued at $50,000 after acquiring an additional 209 shares during the period. Institutional investors own 90.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. UBS Group boosted their price target on shares of Clean Harbors from $240.00 to $300.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Wells Fargo & Company boosted their price target on shares of Clean Harbors from $291.00 to $309.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 18th. Barclays boosted their price target on shares of Clean Harbors from $230.00 to $280.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Truist Financial increased their price target on Clean Harbors from $250.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, Needham & Company LLC increased their price target on Clean Harbors from $290.00 to $308.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $299.27.

Insider Buying and Selling

In related news, EVP Brian P. Weber sold 4,683 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $293.39, for a total value of $1,373,945.37. Following the transaction, the executive vice president owned 48,728 shares in the company, valued at $14,296,307.92. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Marcy L. Reed sold 836 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $287.94, for a total value of $240,717.84. Following the completion of the transaction, the director owned 5,081 shares in the company, valued at approximately $1,463,023.14. This represents a 14.13% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 13,597 shares of company stock valued at $3,895,286. Insiders own 5.60% of the company’s stock.

Clean Harbors Trading Down 0.2%

Shares of NYSE CLH opened at $299.06 on Wednesday. Clean Harbors, Inc. has a 1-year low of $179.47 and a 1-year high of $302.25. The company has a market cap of $15.82 billion, a PE ratio of 41.08 and a beta of 0.94. The company has a current ratio of 2.33, a quick ratio of 2.00 and a debt-to-equity ratio of 1.01. The company has a 50-day moving average of $281.36 and a two-hundred day moving average of $250.91.

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

Clean Harbors 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.