Janus Henderson Group PLC lessened its stake in shares of Clean Harbors, Inc. (NYSE:CLH – Free Report) by 0.9% during the first quarter, Holdings Channel.com reports. The fund owned 2,355,394 shares of the business services provider’s stock after selling 20,694 shares during the period. Janus Henderson Group PLC’s holdings in Clean Harbors were worth $675,368,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of CLH. Norges Bank acquired a new stake in shares of Clean Harbors during the 4th quarter worth $152,195,000. Durable Capital Partners LP acquired a new position in Clean Harbors in the third quarter valued at about $133,217,000. Two Sigma Investments LP raised its stake in Clean Harbors by 148.3% in the third quarter. Two Sigma Investments LP now owns 384,494 shares of the business services provider’s stock valued at $89,287,000 after purchasing an additional 229,666 shares in the last quarter. Corient Private Wealth LLC lifted its position in Clean Harbors by 3,782.7% during the fourth quarter. Corient Private Wealth LLC now owns 194,718 shares of the business services provider’s stock worth $45,657,000 after purchasing an additional 189,703 shares during the period. Finally, FIL Ltd grew its stake in Clean Harbors by 88.4% during the fourth quarter. FIL Ltd now owns 352,690 shares of the business services provider’s stock worth $82,699,000 after buying an additional 165,517 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors.
Insider Transactions at Clean Harbors
In related news, Director Lauren States sold 789 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $286.19, for a total transaction of $225,803.91. Following the completion of the transaction, the director directly owned 11,359 shares in the company, valued at $3,250,832.21. This represents a 6.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.00% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
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Clean Harbors Stock Performance
Clean Harbors stock opened at $327.50 on Thursday. The company has a quick ratio of 1.99, a current ratio of 2.34 and a debt-to-equity ratio of 0.99. The stock has a market cap of $17.31 billion, a PE ratio of 44.38, a P/E/G ratio of 2.19 and a beta of 0.86. Clean Harbors, Inc. has a 12-month low of $201.34 and a 12-month high of $335.94. The business’s 50-day moving average price is $294.41 and its two-hundred day moving average price is $288.07.
Clean Harbors (NYSE:CLH – Get Free Report) last posted its earnings results on Wednesday, July 29th. The business services provider reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.41. Clean Harbors had a net margin of 6.53% and a return on equity of 14.37%. The firm had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the prior year, the business earned $2.36 earnings per share. The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. As a group, analysts expect that Clean Harbors, Inc. will post 8.62 earnings per share for the current fiscal year.
Key Headlines Impacting Clean Harbors
Here are the key news stories impacting Clean Harbors this week:
- Positive Sentiment: Significant earnings beat: Clean Harbors reported quarterly earnings of $3.22 per share, up from $2.36 a year earlier and above consensus estimates ranging from $2.74 to $2.81. Clean Harbors Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Revenue also topped expectations: Quarterly revenue reached $1.74 billion, versus the $1.64 billion consensus estimate, representing 11.9% year-over-year growth. The simultaneous revenue and profit beats reinforce the company’s operating momentum. Clean Harbors Second-Quarter Earnings Report
- Positive Sentiment: Strength across operating segments: Management described the results as record second-quarter performance and said both Environmental Services and the company’s other operating segment contributed to momentum. This suggests broad-based demand rather than a gain concentrated in one business line. Clean Harbors Announces Second-Quarter 2026 Financial Results
- Neutral Sentiment: Analyst coverage added: Bank of America began coverage of Clean Harbors, potentially increasing institutional attention, although the available report does not specify its rating or price target. Bank of America Begins Coverage on Clean Harbors
- Neutral Sentiment: Recent investor commentary has also focused on the company’s board transition, but the supplied information does not identify a specific financial impact. Is Clean Harbors a Bargain Following Its Board Transition?
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.
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