Clean Harbors, Inc. (NYSE:CLH – Get Rating) reached a new 52-week high during trading on Monday . The company traded as high as $124.37 and last traded at $123.84, with a volume of 1998 shares trading hands. The stock had previously closed at $122.41.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CLH shares. StockNews.com raised shares of Clean Harbors from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 4th. BMO Capital Markets increased their target price on Clean Harbors from $104.00 to $124.00 and gave the stock an "outperform" rating in a report on Thursday, August 4th. Robert W. Baird boosted their price target on Clean Harbors from $131.00 to $150.00 in a report on Thursday, August 4th. Needham & Company LLC raised their price objective on Clean Harbors from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, August 4th. Finally, Raymond James raised their price objective on Clean Harbors from $135.00 to $145.00 and gave the stock a "strong-buy" rating in a research note on Thursday, August 4th. One research analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $137.38.

Clean Harbors Price Performance

The company has a quick ratio of 1.66, a current ratio of 1.94 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $6.48 billion, a P/E ratio of 21.24 and a beta of 1.43. The business has a 50 day simple moving average of $106.34 and a 200-day simple moving average of $101.27.

Insider Activity

In other Clean Harbors news, EVP Brian P. Weber sold 2,003 shares of Clean Harbors stock in a transaction on Friday, September 9th. The stock was sold at an average price of $122.42, for a total transaction of $245,207.26. Following the sale, the executive vice president now owns 62,103 shares of the company's stock, valued at approximately $7,602,649.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Andrea Robertson sold 1,095 shares of Clean Harbors stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $106.37, for a total transaction of $116,475.15. Following the sale, the director now directly owns 10,719 shares in the company, valued at $1,140,180.03. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Brian P. Weber sold 2,003 shares of the business's stock in a transaction dated Friday, September 9th. The stock was sold at an average price of $122.42, for a total transaction of $245,207.26. Following the sale, the executive vice president now owns 62,103 shares in the company, valued at $7,602,649.26. The disclosure for this sale can be found here. Corporate insiders own 6.60% of the company's stock.

Institutional Trading of Clean Harbors

A number of hedge funds and other institutional investors have recently made changes to their positions in CLH. UMB Bank N A MO raised its holdings in Clean Harbors by 656.3% during the first quarter. UMB Bank N A MO now owns 242 shares of the business services provider's stock worth $27,000 after purchasing an additional 210 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of Clean Harbors in the 1st quarter worth $29,000. Lazard Asset Management LLC bought a new stake in shares of Clean Harbors in the 4th quarter worth $27,000. First Horizon Advisors Inc. raised its position in Clean Harbors by 149.3% in the second quarter. First Horizon Advisors Inc. now owns 339 shares of the business services provider's stock worth $29,000 after acquiring an additional 203 shares in the last quarter. Finally, Huntington National Bank raised its position in Clean Harbors by 153.9% in the first quarter. Huntington National Bank now owns 391 shares of the business services provider's stock worth $44,000 after acquiring an additional 237 shares in the last quarter. 88.85% of the stock is currently owned by institutional investors.

Clean Harbors Company Profile

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Clean Harbors, Inc provides environmental and industrial services in North America. 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 CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.

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