Burnham & Co LLC Buys Shares of 3,580 Clean Harbors, Inc. $CLH

Burnham & Co LLC purchased a new position in Clean Harbors, Inc. (NYSE:CLH - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,580 shares of the business services provider's stock, valued at approximately $1,070,000. Clean Harbors accounts for approximately 0.9% of Burnham & Co LLC's investment portfolio, making the stock its 29th largest holding.

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A number of other hedge funds have also recently made changes to their positions in CLH. BlackRock Inc. acquired a new stake in Clean Harbors in the second quarter valued at approximately $1,516,521,000. Norges Bank acquired a new position in Clean Harbors during the 4th quarter valued at about $152,195,000. Durable Capital Partners LP acquired a new position in Clean Harbors during the 3rd quarter valued at about $133,217,000. Bank of New York Mellon Corp purchased a new stake in Clean Harbors in the second quarter valued at about $105,962,000. Finally, M.D. Sass LLC acquired a new stake in Clean Harbors in the second quarter worth about $80,814,000. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CLH has been the topic of several research analyst reports. Oppenheimer reissued an "outperform" rating and set a $350.00 target price on shares of Clean Harbors in a research report on Thursday, July 30th. TD Cowen raised their price target on shares of Clean Harbors from $335.00 to $380.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Bank of America set a $377.00 price objective on shares of Clean Harbors and gave the stock a "buy" rating in a research note on Thursday, July 30th. Weiss Ratings raised shares of Clean Harbors from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, July 30th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and set a $375.00 price target on shares of Clean Harbors in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $354.57.

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Get Our Latest Analysis on Clean Harbors

Insider Buying and Selling at Clean Harbors

In other news, CEO Eric W. Gerstenberg sold 2,500 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $321.34, for a total transaction of $803,350.00. Following the transaction, the chief executive officer owned 56,793 shares in the company, valued at $18,249,862.62. This trade represents a 4.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrea Robertson sold 789 shares of Clean Harbors stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $314.01, for a total transaction of $247,753.89. Following the completion of the sale, the director directly owned 8,979 shares in the company, valued at $2,819,495.79. This represents a 8.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 4,078 shares of company stock valued at $1,276,908. Company insiders own 5.00% of the company's stock.

More Clean Harbors News

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 Trading Down 1.6%

Shares of NYSE:CLH opened at $316.64 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.80 and a debt-to-equity ratio of 0.94. Clean Harbors, Inc. has a 12-month low of $201.34 and a 12-month high of $335.94. The business has a 50 day moving average of $305.16 and a two-hundred day moving average of $294.56. The company has a market capitalization of $16.72 billion, a PE ratio of 38.43, a PEG ratio of 2.08 and a beta of 0.86.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, July 29th. The business services provider reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.41. Clean Harbors had a net margin of 7.03% and a return on equity of 15.65%. The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same period in the previous year, the firm earned $2.36 EPS. The business's quarterly revenue was up 11.9% on a year-over-year basis. As a group, analysts forecast that Clean Harbors, Inc. will post 9.72 EPS for the current year.

Clean Harbors Profile

(Free Report)

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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