Texas Permanent School Fund Corp lifted its holdings in Clean Harbors, Inc. (NYSE:CLH – Free Report) by 13.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 49,733 shares of the business services provider’s stock after purchasing an additional 5,711 shares during the period. Texas Permanent School Fund Corp owned 0.09% of Clean Harbors worth $11,247,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in CLH. Norges Bank bought a new position in shares of Clean Harbors in the fourth quarter worth about $87,074,000. Lazard Freres Gestion S.A.S. bought a new position in Clean Harbors during the second quarter valued at about $42,968,000. Wellington Management Group LLP increased its stake in Clean Harbors by 5.3% during the fourth quarter. Wellington Management Group LLP now owns 3,654,929 shares of the business services provider’s stock valued at $637,822,000 after acquiring an additional 182,622 shares during the period. DAVENPORT & Co LLC increased its stake in Clean Harbors by 93.1% during the first quarter. DAVENPORT & Co LLC now owns 264,416 shares of the business services provider’s stock valued at $53,124,000 after acquiring an additional 127,498 shares during the period. Finally, Spirepoint Private Client LLC bought a new position in Clean Harbors during the first quarter valued at about $16,594,000. 90.43% of the stock is currently owned by institutional investors.
Clean Harbors Stock Up 1.3 %
Shares of CLH opened at $234.83 on Tuesday. The firm has a market capitalization of $12.67 billion, a price-to-earnings ratio of 33.98 and a beta of 1.20. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.76 and a current ratio of 2.10. The business’s fifty day moving average price is $232.92 and its two-hundred day moving average price is $214.55. Clean Harbors, Inc. has a 52 week low of $132.92 and a 52 week high of $247.24.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on CLH shares. Needham & Company LLC boosted their price target on Clean Harbors from $235.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Robert W. Baird upped their price objective on Clean Harbors from $242.00 to $268.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Truist Financial upped their price objective on Clean Harbors from $240.00 to $260.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. StockNews.com lowered Clean Harbors from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Oppenheimer upped their price objective on Clean Harbors from $245.00 to $252.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $242.40.
Get Our Latest Stock Analysis on Clean Harbors
About Clean Harbors
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.
Featured Articles
- Five stocks we like better than Clean Harbors
- Business Services Stocks Investing
- 3 Stocks That Make Good Short-Squeeze Candidates
- Investing In Preferred Stock vs. Common Stock
- Why Block’s Key Components Make It a Solid Investment Choice
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Is Applied Digital’s Stock Set to Surge With NVIDIA’s Backing?
Receive News & Ratings for Clean Harbors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Harbors and related companies with MarketBeat.com's FREE daily email newsletter.