Impax Asset Management Group plc Sells 5,863 Shares of Clean Harbors, Inc. (NYSE:CLH)

Impax Asset Management Group plc decreased its position in Clean Harbors, Inc. (NYSE:CLH - Free Report) by 1.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 439,977 shares of the business services provider's stock after selling 5,863 shares during the period. Impax Asset Management Group plc owned about 0.82% of Clean Harbors worth $105,098,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Moody National Bank Trust Division raised its holdings in Clean Harbors by 1.0% during the second quarter. Moody National Bank Trust Division now owns 4,843 shares of the business services provider's stock worth $1,095,000 after acquiring an additional 47 shares in the last quarter. Quent Capital LLC boosted its holdings in shares of Clean Harbors by 6.9% in the 2nd quarter. Quent Capital LLC now owns 725 shares of the business services provider's stock valued at $164,000 after buying an additional 47 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Clean Harbors by 10.5% in the second quarter. Fifth Third Bancorp now owns 528 shares of the business services provider's stock valued at $119,000 after buying an additional 50 shares in the last quarter. MJP Associates Inc. ADV increased its holdings in Clean Harbors by 1.1% during the second quarter. MJP Associates Inc. ADV now owns 4,734 shares of the business services provider's stock worth $1,071,000 after buying an additional 51 shares during the last quarter. Finally, Signaturefd LLC raised its position in Clean Harbors by 11.8% during the third quarter. Signaturefd LLC now owns 491 shares of the business services provider's stock worth $119,000 after acquiring an additional 52 shares in the last quarter. Institutional investors and hedge funds own 90.43% of the company's stock.

Insider Activity at Clean Harbors

In other Clean Harbors news, CEO Michael Louis Battles sold 10,000 shares of the firm'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 sale, the chief executive officer now owns 77,136 shares of the company's stock, valued at approximately $18,955,400.64. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Lauren States sold 308 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $260.74, for a total transaction of $80,307.92. Following the completion of the sale, the director now directly owns 13,150 shares in the company, valued at $3,428,731. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 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 disclosure for this sale can be found here. Insiders have sold 10,617 shares of company stock valued at $2,613,132 over the last three months. 5.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CLH shares. 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. The Goldman Sachs Group lifted their target price on Clean Harbors from $223.00 to $256.00 and gave the stock a "neutral" rating in a research note on Thursday, August 1st. 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 report on Thursday, October 31st. Needham & Company LLC cut their target price 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. Finally, Oppenheimer increased their price target on shares of Clean Harbors from $252.00 to $270.00 and gave the company an "outperform" rating in a report on Monday, October 21st. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Clean Harbors presently has an average rating of "Buy" and an average price target of $254.33.

Clean Harbors Price Performance

Shares of CLH traded up $3.71 during trading hours on Tuesday, hitting $241.41. 361,466 shares of the company were exchanged, compared to its average volume of 295,980. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. Clean Harbors, Inc. has a fifty-two week low of $152.57 and a fifty-two week high of $267.11. The company has a market cap of $13.01 billion, a price-to-earnings ratio of 31.43 and a beta of 1.20. The firm's fifty day moving average is $246.22 and its 200 day moving average is $230.10.

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 (EPS) for the quarter, missing analysts' consensus estimates of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the company earned $1.68 earnings per share. The company's quarterly revenue was up 12.0% on a year-over-year basis. On average, equities analysts anticipate that Clean Harbors, Inc. will post 7.29 earnings per share for the current fiscal year.

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.