William Blair Investment Management LLC Invests $125.24 Million in Clean Harbors, Inc. $CLH

William Blair Investment Management LLC purchased a new position in Clean Harbors, Inc. (NYSE:CLH) in the 2nd quarter, HoldingsChannel reports. The fund purchased 419,210 shares of the business services provider’s stock, valued at approximately $125,239,000.

Other hedge funds also recently bought and sold shares of the company. Landscape Capital Management L.L.C. purchased a new stake in Clean Harbors during the 2nd quarter valued at about $211,000. EP Wealth Advisors LLC purchased a new position in Clean Harbors in the second quarter worth about $668,000. Ieq Capital LLC bought a new position in shares of Clean Harbors in the second quarter worth approximately $699,000. Burnham & Co LLC purchased a new stake in shares of Clean Harbors during the second quarter valued at approximately $1,070,000. Finally, Callan Family Office LLC bought a new stake in shares of Clean Harbors during the second quarter valued at approximately $914,000. Institutional investors own 90.43% of the company’s stock.

Clean Harbors Stock Down 1.6%

Clean Harbors stock opened at $316.64 on Friday. Clean Harbors, Inc. has a one year low of $201.34 and a one year high of $335.94. The stock has a fifty day moving average of $305.16 and a 200 day moving average of $294.56. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.80 and a current ratio of 2.13. The stock has a market cap of $16.72 billion, a PE ratio of 38.43, a price-to-earnings-growth ratio of 2.08 and a beta of 0.86.

Clean Harbors (NYSE:CLH) last announced its earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.41. The business had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Clean Harbors had a return on equity of 15.65% and a net margin of 7.03%.The business’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the firm posted $2.36 earnings per share. As a group, sell-side analysts predict that Clean Harbors, Inc. will post 9.72 EPS for the current year.

Wall Street Analysts Forecast Growth

CLH has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Stifel Nicolaus lifted their target price on Clean Harbors from $337.00 to $364.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Weiss Ratings upgraded Clean Harbors from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Truist Financial increased their price objective on Clean Harbors from $350.00 to $365.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Needham & Company LLC boosted their target price on Clean Harbors from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $354.57.

Insider Transactions at Clean Harbors

In related news, Director Lauren States sold 789 shares of the firm’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 value of $225,803.91. Following the transaction, the director owned 11,359 shares of the company’s stock, valued at approximately $3,250,832.21. This trade represents a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Eric W. Gerstenberg sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $321.34, for a total transaction of $803,350.00. Following the sale, the chief executive officer owned 56,793 shares of the company’s stock, valued at $18,249,862.62. This trade represents a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,078 shares of company stock worth $1,276,908 in the last quarter. Company insiders own 5.00% of the company’s stock.

Key Stories Impacting Clean Harbors

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $9.51 from $8.28 and its FY2027 estimate to $9.48 from $8.85. The firm also lifted estimates for Q3 2026 to $3.14 from $2.57, Q4 2026 to $1.97 from $1.90, Q1 2027 to $1.47 from $1.40, Q2 2027 to $2.83 from $2.75, Q3 2027 to $3.10 from $2.69, Q4 2027 to $2.08 from $2.02, and Q1 2028 to $1.15 from $1.05. The upgrades suggest stronger expected operating performance and earnings momentum for Clean Harbors. Clean Harbors analyst estimate revisions
• Neutral Sentiment: The revised FY2026 EPS forecast of $9.51 now matches the broader analyst consensus, reducing the likelihood that the change alone will create a major positive surprise. Clean Harbors recently reported quarterly results above expectations, with revenue rising 11.9% year over year, but its valuation remains relatively elevated at about 38 times earnings.
• Negative Sentiment: Zacks slightly lowered its Q2 2028 EPS estimate to $2.51 from $2.52. The reduction is immaterial, but it provides a minor counterpoint to the otherwise favorable revisions.

Clean Harbors Company 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.