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 7th.

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 Performance

Shares of CLH opened at $196.43 on Friday. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of 26.47 and a beta of 1.22. The company has a current ratio of 2.21, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The firm has a fifty day simple moving average of $220.56 and a 200 day simple moving average of $236.68. Clean Harbors, Inc. has a 12 month low of $186.54 and a 12 month high of $267.11.

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

Hedge Funds Weigh In On Clean Harbors

Several hedge funds have recently bought and sold shares of CLH. KBC Group NV increased its holdings in Clean Harbors by 17.0% in the 3rd quarter. KBC Group NV now owns 1,412 shares of the business services provider’s stock valued at $341,000 after buying an additional 205 shares during the period. CIBC Asset Management Inc increased its holdings in Clean Harbors by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,563 shares of the business services provider’s stock valued at $378,000 after buying an additional 53 shares during the period. Thrivent Financial for Lutherans increased its holdings in Clean Harbors by 18.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 75,803 shares of the business services provider’s stock valued at $18,323,000 after buying an additional 11,639 shares during the period. Pathstone Holdings LLC increased its holdings in Clean Harbors by 1.3% in the 3rd quarter. Pathstone Holdings LLC now owns 5,893 shares of the business services provider’s stock valued at $1,424,000 after buying an additional 73 shares during the period. Finally, Caprock Group LLC increased its holdings in Clean Harbors by 29.6% in the 3rd quarter. Caprock Group LLC now owns 1,621 shares of the business services provider’s stock valued at $392,000 after buying an additional 370 shares during the period. 90.43% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Eric J. Dugas purchased 1,050 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The shares were bought at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the purchase, the chief financial officer now owns 24,238 shares in the company, valued at approximately $4,638,668.44. This trade represents a 4.53 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Speights sold 2,725 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the completion of the sale, the insider now owns 40,008 shares in the company, valued at approximately $7,619,123.52. The trade was a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,341 shares of company stock worth $663,041. Corporate insiders own 5.90% of the company’s stock.

Wall Street Analyst Weigh In

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

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.