Clean Harbors, Inc. (NYSE:CLH) Shares Purchased by Trinity Street Asset Management LLP

Trinity Street Asset Management LLP raised its stake in shares of Clean Harbors, Inc. (NYSE:CLH - Free Report) by 7.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,432 shares of the business services provider's stock after acquiring an additional 8,194 shares during the period. Clean Harbors makes up 3.0% of Trinity Street Asset Management LLP's holdings, making the stock its 7th biggest holding. Trinity Street Asset Management LLP owned approximately 0.23% of Clean Harbors worth $29,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in CLH. Swedbank AB grew its position in Clean Harbors by 83.3% in the 2nd quarter. Swedbank AB now owns 110,000 shares of the business services provider's stock valued at $24,876,000 after acquiring an additional 50,000 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Clean Harbors during the 1st quarter worth approximately $828,000. Driehaus Capital Management LLC boosted its position in Clean Harbors by 17.1% in the 2nd quarter. Driehaus Capital Management LLC now owns 123,813 shares of the business services provider's stock valued at $28,000,000 after buying an additional 18,058 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Clean Harbors by 28.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 92,071 shares of the business services provider's stock worth $18,535,000 after acquiring an additional 20,626 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of Clean Harbors by 25.6% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 22,309 shares of the business services provider's stock worth $4,491,000 after acquiring an additional 4,554 shares during the period. 90.43% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Clean Harbors

In related news, CEO Michael Louis Battles sold 10,000 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $245.74, for a total transaction of $2,457,400.00. Following the sale, the chief executive officer now owns 77,136 shares of the company's stock, valued at $18,955,400.64. This trade represents a 0.00 % 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. In related news, CEO Michael Louis Battles sold 10,000 shares of the company's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $245.74, for a total value of $2,457,400.00. Following the completion of the transaction, the chief executive officer now directly owns 77,136 shares in the company, valued at approximately $18,955,400.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Lauren States sold 309 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $244.09, for a total transaction of $75,423.81. Following the transaction, the director now owns 13,458 shares in the company, valued at approximately $3,284,963.22. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,617 shares of company stock valued at $2,613,132 in the last ninety days. Corporate insiders own 5.90% of the company's stock.

Clean Harbors Price Performance

NYSE:CLH traded up $6.69 during trading hours on Tuesday, hitting $263.21. The company's stock had a trading volume of 534,614 shares, compared to its average volume of 286,341. The company has a market capitalization of $14.20 billion, a PE ratio of 37.12 and a beta of 1.20. Clean Harbors, Inc. has a 52-week low of $132.92 and a 52-week high of $267.11. The business's 50-day moving average is $246.51 and its two-hundred day moving average is $228.47. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.76 and a current ratio of 2.10.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, July 31st. The business services provider reported $2.46 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.25. Clean Harbors had a return on equity of 17.12% and a net margin of 6.97%. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same period in the previous year, the business earned $2.13 earnings per share. Clean Harbors's quarterly revenue was up 10.9% compared to the same quarter last year. As a group, research analysts anticipate that Clean Harbors, Inc. will post 7.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Truist Financial boosted their target price on Clean Harbors from $240.00 to $260.00 and gave the stock a "buy" rating in a research note on Thursday, July 11th. Needham & Company LLC boosted their price target on shares of Clean Harbors from $235.00 to $274.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. StockNews.com raised shares of Clean Harbors from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, October 16th. Robert W. Baird lifted their price target on Clean Harbors from $242.00 to $268.00 and gave the stock an "outperform" rating in a report on Thursday, August 1st. Finally, Stifel Nicolaus reissued a "buy" rating and set a $275.00 target price (up previously from $240.00) on shares of Clean Harbors in a research report on Thursday, August 1st. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $250.89.

About Clean Harbors

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.