Fort Washington Investment Advisors Inc. OH Has $21.59 Million Stock Holdings in Clean Harbors, Inc. (NYSE:CLH)

Fort Washington Investment Advisors Inc. OH increased its stake in Clean Harbors, Inc. (NYSE:CLH) by 20.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,805 shares of the business services provider’s stock after acquiring an additional 16,170 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.17% of Clean Harbors worth $21,588,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CLH. UMB Bank n.a. boosted its stake in shares of Clean Harbors by 63.4% in the 3rd quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock valued at $52,000 after purchasing an additional 83 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in Clean Harbors during the third quarter valued at $56,000. CENTRAL TRUST Co grew its holdings in Clean Harbors by 161.6% during the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock worth $63,000 after acquiring an additional 160 shares during the period. TD Private Client Wealth LLC raised its position in shares of Clean Harbors by 42.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 291 shares of the business services provider’s stock worth $70,000 after acquiring an additional 87 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Clean Harbors by 19.1% in the 3rd quarter. Blue Trust Inc. now owns 381 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 61 shares during the period. 90.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CLH. Needham & Company LLC reiterated a “buy” rating and issued a $268.00 target price on shares of Clean Harbors in a report on Thursday, January 16th. Truist Financial lifted their price objective on shares of Clean Harbors from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. TD Cowen started coverage on shares of Clean Harbors in a research note on Friday, December 6th. They set a “buy” rating and a $325.00 target price on the stock. Robert W. Baird decreased their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Finally, Oppenheimer increased their price objective on shares of Clean Harbors from $255.00 to $256.00 and gave the stock an “outperform” rating in a research report on Monday, January 13th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Clean Harbors presently has a consensus rating of “Buy” and an average price target of $269.44.

Insider Transactions at Clean Harbors

In related news, EVP Brian P. Weber sold 861 shares of Clean Harbors stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total value of $224,987.91. Following the completion of the transaction, the executive vice president now directly owns 59,346 shares in the company, valued at approximately $15,507,703.26. The trade was a 1.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric W. Gerstenberg sold 6,051 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $250.42, for a total transaction of $1,515,291.42. Following the sale, the chief executive officer now directly owns 55,657 shares in the company, valued at $13,937,625.94. This trade represents a 9.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,446 shares of company stock worth $2,112,800 in the last quarter. Insiders own 5.90% of the company’s stock.

Clean Harbors Price Performance

Shares of NYSE CLH opened at $243.45 on Thursday. The stock has a market cap of $13.12 billion, a price-to-earnings ratio of 31.70 and a beta of 1.24. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.76 and a current ratio of 2.10. Clean Harbors, Inc. has a fifty-two week low of $167.28 and a fifty-two week high of $267.11. The firm’s 50-day simple moving average is $241.44 and its 200 day simple moving average is $241.58.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.03). The firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.68 EPS. As a group, research analysts anticipate that Clean Harbors, Inc. will post 7.21 earnings per share for the current fiscal year.

Clean Harbors Company 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.