Rep. April McClain Delaney Sells Off Shares of Clean Harbors, Inc. (NYSE:CLH)

Representative April McClain Delaney (D-Maryland) recently sold shares of Clean Harbors, Inc. (NYSE:CLH). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Clean Harbors stock on February 10th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Revvity (NYSE:RVTY) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/28/2025.
• Purchased $15,001 – $50,000 in shares of Corpay (NYSE:CPAY) on 2/28/2025.
• Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/27/2025.
• Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/27/2025.
• Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/27/2025.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 2/22/2025.
• Purchased $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 2/22/2025.
• Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/22/2025.

Clean Harbors Stock Down 0.7 %

CLH stock opened at $196.43 on Friday. Clean Harbors, Inc. has a fifty-two week low of $186.54 and a fifty-two week high of $267.11. The business’s 50 day moving average price is $220.56 and its two-hundred day moving average price is $236.68. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 26.47 and a beta of 1.22.

Clean Harbors (NYSE:CLH) last posted its earnings results on Wednesday, February 19th. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.19. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.82 EPS. As a group, analysts forecast that Clean Harbors, Inc. will post 7.89 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Clean Harbors

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PKO Investment Management Joint Stock Co bought a new position in Clean Harbors in the 4th quarter valued at approximately $3,452,000. Park Square Financial Group LLC bought a new position in shares of Clean Harbors during the 4th quarter valued at $182,000. Carolinas Wealth Consulting LLC lifted its holdings in shares of Clean Harbors by 2,800.0% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 261 shares of the business services provider’s stock valued at $60,000 after buying an additional 252 shares during the period. Armis Advisers LLC bought a new position in shares of Clean Harbors during the 4th quarter valued at $327,000. Finally, Putney Financial Group LLC bought a new position in shares of Clean Harbors during the 4th quarter valued at $511,000. 90.43% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Oppenheimer cut their price target on Clean Harbors from $256.00 to $254.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. TD Cowen assumed coverage on Clean Harbors in a research note on Friday, December 6th. They issued a “buy” rating and a $325.00 price target on the stock. BMO Capital Markets cut their price target on Clean Harbors from $284.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Needham & Company LLC restated a “buy” rating and issued a $268.00 price target on shares of Clean Harbors in a research note on Thursday, February 20th. Finally, Stifel Nicolaus cut their price target on Clean Harbors from $290.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, February 20th. One analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $266.56.

Insider Activity

In related news, Director Lauren States sold 308 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total value of $70,467.32. Following the transaction, the director now directly owns 11,918 shares of the company’s stock, valued at approximately $2,726,719.22. This trade represents a 2.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eric J. Dugas bought 1,050 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the acquisition, the chief financial officer now owns 24,238 shares in the company, valued at $4,638,668.44. This trade represents a 4.53 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 3,341 shares of company stock valued at $663,041 in the last ninety days. 5.90% of the stock is currently owned by company insiders.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

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.