Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by State Street Corp

State Street Corp increased its stake in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,510,363 shares of the business services provider's stock after acquiring an additional 21,662 shares during the period. State Street Corp owned approximately 2.80% of Clean Harbors worth $365,070,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CLH. Hantz Financial Services Inc. lifted its stake in Clean Harbors by 1.4% in the third quarter. Hantz Financial Services Inc. now owns 2,803 shares of the business services provider's stock worth $678,000 after purchasing an additional 39 shares during the last quarter. Icon Wealth Advisors LLC lifted its stake in Clean Harbors by 8.4% in the third quarter. Icon Wealth Advisors LLC now owns 581 shares of the business services provider's stock worth $140,000 after purchasing an additional 45 shares during the last quarter. Fifth Third Bancorp lifted its stake in Clean Harbors by 10.5% in the second quarter. Fifth Third Bancorp now owns 528 shares of the business services provider's stock worth $119,000 after purchasing an additional 50 shares during the last quarter. Signaturefd LLC raised its stake in shares of Clean Harbors by 11.8% during the third quarter. Signaturefd LLC now owns 491 shares of the business services provider's stock valued at $119,000 after acquiring an additional 52 shares in the last quarter. Finally, CIBC Asset Management Inc raised its stake in shares of Clean Harbors by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider's stock valued at $378,000 after acquiring an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 90.43% of the company's stock.

Insider Buying and Selling at Clean Harbors

In other Clean Harbors news, Director Lauren States sold 309 shares of the company's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $244.09, for a total value of $75,423.81. Following the completion of the transaction, the director now owns 13,458 shares in the company, valued at approximately $3,284,963.22. This represents a 2.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robert Speights sold 610 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $240.14, for a total transaction of $146,485.40. Following the completion of the transaction, the insider now owns 39,160 shares of the company's stock, valued at approximately $9,403,882.40. This trade represents a 1.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,447 shares of company stock valued at $4,576,829. 5.90% of the stock is owned by insiders.

Clean Harbors Stock Up 0.5 %

NYSE CLH traded up $1.25 on Tuesday, hitting $242.11. The stock had a trading volume of 341,910 shares, compared to its average volume of 295,852. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 31.37 and a beta of 1.22. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. Clean Harbors, Inc. has a 52-week low of $161.39 and a 52-week high of $267.11. The business's fifty day moving average price is $252.06 and its 200 day moving average price is $238.45.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($0.03). Clean Harbors had a net margin of 7.19% and a return on equity of 17.51%. The company had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same period last year, the firm earned $1.68 earnings per share. Clean Harbors's quarterly revenue was up 12.0% compared to the same quarter last year. Equities research analysts anticipate that Clean Harbors, Inc. will post 7.21 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CLH shares. Needham & Company LLC reduced their price objective on shares of Clean Harbors from $274.00 to $268.00 and set a "buy" rating for the company in a research note on Thursday, October 31st. Robert W. Baird reduced their price objective on shares of Clean Harbors from $300.00 to $285.00 and set an "outperform" rating for the company in a research note on Thursday, October 31st. Oppenheimer boosted their price objective on shares of Clean Harbors from $252.00 to $270.00 and gave the stock an "outperform" rating in a research note on Monday, October 21st. TD Cowen started coverage on shares of Clean Harbors in a research note on Friday. They issued a "buy" rating and a $325.00 price objective for the company. Finally, Truist Financial boosted their price objective on shares of Clean Harbors from $260.00 to $280.00 and gave the stock a "buy" rating in a research note on Thursday, October 31st. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $269.33.

Clean Harbors Profile

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.