Needham & Company LLC Raises Clean Harbors (NYSE:CLH) Price Target to $308.00

Clean Harbors (NYSE:CLH) had its price target lifted by equities research analysts at Needham & Company LLC from $290.00 to $308.00 in a report issued on Thursday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s target price indicates a potential upside of 8.34% from the company’s current price.

Several other analysts have also commented on CLH. Zacks Research raised Clean Harbors from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Clean Harbors in a research note on Monday, December 29th. Wells Fargo & Company lifted their target price on shares of Clean Harbors from $220.00 to $248.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. BMO Capital Markets raised their target price on Clean Harbors from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, CJS Securities raised Clean Harbors to a “strong-buy” rating in a research note on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Clean Harbors has a consensus rating of “Moderate Buy” and a consensus price target of $283.09.

Clean Harbors Stock Up 1.1%

Shares of CLH opened at $284.30 on Thursday. The company has a 50-day simple moving average of $255.42 and a 200-day simple moving average of $240.18. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.09 and a current ratio of 2.33. The firm has a market capitalization of $15.04 billion, a P/E ratio of 39.05 and a beta of 0.96. Clean Harbors has a 52 week low of $178.29 and a 52 week high of $288.81.

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

Insider Transactions at Clean Harbors

In related news, EVP Sharon M. Gabriel sold 3,540 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $282.07, for a total transaction of $998,527.80. Following the sale, the executive vice president owned 23,193 shares in the company, valued at approximately $6,542,049.51. This represents a 13.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Eric J. Dugas sold 2,788 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer owned 15,933 shares in the company, valued at approximately $4,482,112.23. This represents a 14.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 7,679 shares of company stock valued at $2,132,403 in the last ninety days. Corporate insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CLH. Candriam S.C.A. grew its position in shares of Clean Harbors by 36.4% in the 3rd quarter. Candriam S.C.A. now owns 68,867 shares of the business services provider’s stock valued at $15,992,000 after buying an additional 18,367 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Clean Harbors by 715.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 7,262 shares of the business services provider’s stock worth $1,686,000 after acquiring an additional 6,371 shares during the period. Vestmark Advisory Solutions Inc. lifted its stake in shares of Clean Harbors by 127.2% in the second quarter. Vestmark Advisory Solutions Inc. now owns 15,206 shares of the business services provider’s stock worth $3,515,000 after acquiring an additional 8,514 shares during the period. Bessemer Group Inc. boosted its holdings in Clean Harbors by 8.6% in the third quarter. Bessemer Group Inc. now owns 1,097,702 shares of the business services provider’s stock valued at $254,908,000 after acquiring an additional 87,322 shares during the last quarter. Finally, UniSuper Management Pty Ltd increased its position in Clean Harbors by 14.0% during the 3rd quarter. UniSuper Management Pty Ltd now owns 51,663 shares of the business services provider’s stock valued at $11,997,000 after purchasing an additional 6,338 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Clean Harbors News Roundup

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.