Vaughan Nelson Investment Management, L.P. Adds $5M in Clean Harbors, Inc. ($CLH)

Vaughan Nelson Investment Management, L.P. increased its stake in Clean Harbors, Inc. (NYSE:CLH) by 4.2%, according to its latest Form 13F filing with the SEC. The firm added 15,665 shares, bringing its total holdings to 386,540 shares valued at approximately $111.2 million as of the end of the reporting period.

What Changed in Vaughan Nelson's Clean Harbors Position

Vaughan Nelson Investment Management expanded its position in Clean Harbors by 15,665 shares, resulting in a 4.2% increase. This raised its total holdings to 386,540 shares. The value of this stake was reported at about $111.2 million, reflecting a significant investment in the waste management company.

Other Institutional Activity in Clean Harbors

In other institutional moves, BlackRock, Inc. increased its holdings of Clean Harbors by 201,106 shares, ending with 4,802,492 shares valued at roughly $1.38 billion. Wellington Management Group LLP trimmed its position by 1,605,504 shares, leaving it with 3,577,034 shares worth approximately $1.03 billion. Janus Henderson Group PLC reduced its holdings slightly by 20,694 shares, bringing its total to 2,355,394 shares valued at about $675.4 million. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both established new positions with 2,169,364 and 1,962,951 shares, respectively.

Clean Harbors, Inc. Stock Down 3.8%

Shares of Clean Harbors, Inc. (NYSE:CLH) recently traded around $287.78. The company has a market capitalization of about $15.2 billion, with a P/E ratio of 39.05 and a forward P/E of 30.75. Its beta is 0.875, indicating lower volatility compared to the market. The stock's 52-week range is between $201.34 and $316.98, with a 50-day moving average of $295.99 and a 200-day moving average of $260.27.

Recent Earnings

Clean Harbors reported revenue of approximately $6.06 billion, reflecting a growth of 1.9%. The company achieved a net margin of 6.53% and a return on equity of 14.79%. Earnings per share stood at $7.37. The next earnings report is anticipated on May 6, 2026.

Insider Buying and Selling at Clean Harbors, Inc.

Recent insider activity at Clean Harbors includes EVP & President of Sales & Service, Jeroen Diderich, selling 1,717 shares at $281 each on June 1, 2026. On May 26, 2026, Lauren States sold 789 shares at $286.19. Conversely, on May 20, 2026, insiders John Welch, Marcy Reed, Alison Quirk, and Lauren States each purchased 652 shares, though the transaction price was not provided.

Analysts Set New Price Targets

Analysts have maintained their ratings on Clean Harbors with UBS and Barclays both setting a 'hold' rating, featuring price targets of $315 and $304, respectively, in May 2026. TD Cowen, Wells Fargo, Oppenheimer, and Needham continue to rate the stock as a 'buy', with targets ranging from $313 to $335. The consensus rating remains a 'buy', with an average target price of $325.86 based on 14 analyst opinions.

About Clean Harbors, Inc.

Clean Harbors, Inc. is a leading provider of environmental and industrial services in North America. Based in Norwell, Massachusetts, the company operates through its Environmental Services and Safety-Kleen Sustainability Solutions segments. It specializes in hazardous and non-hazardous waste management, including treatment, recycling, and disposal services. Clean Harbors also offers industrial maintenance, specialty services, and sustainability solutions to a diverse range of industries.

Bottom Line

Vaughan Nelson's increased stake in Clean Harbors reflects a continued interest in the industrial waste management sector. Investors track these filings to gauge institutional confidence, but it's important to remember that 13F reports are historical and may not represent current positions. Clean Harbors remains a significant player in its industry, supported by solid fundamentals and positive analyst outlooks.