Enerflex Ltd. $EFXT Stock: Montrusco Bolton Investments Inc. Boosts Position

Montrusco Bolton Investments Inc. raised its holdings in shares of Enerflex Ltd. (NYSE:EFXT) by 694.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,736 shares of the company’s stock after acquiring an additional 185,086 shares during the quarter. Montrusco Bolton Investments Inc. owned approximately 0.17% of Enerflex worth $4,829,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Financial Management Professionals Inc. purchased a new stake in shares of Enerflex in the second quarter valued at about $30,000. Integrated Wealth Concepts LLC purchased a new position in shares of Enerflex during the 2nd quarter worth approximately $79,000. Deutsche Bank AG purchased a new position in shares of Enerflex during the 2nd quarter worth approximately $158,000. Wellington Altus USA Inc. purchased a new stake in Enerflex in the 2nd quarter valued at approximately $185,000. Finally, Gunderson Capital Management LLC purchased a new stake in Enerflex in the 1st quarter valued at approximately $203,000. Institutional investors and hedge funds own 46.47% of the company’s stock.

Analyst Ratings Changes

EFXT has been the topic of a number of analyst reports. Zacks Research cut Enerflex from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Canadian Imperial Bank of Commerce set a $35.00 price target on Enerflex and gave the stock an “outperform” rating in a report on Tuesday. Wall Street Zen cut Enerflex from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Acumen Capital upgraded Enerflex to a “strong-buy” rating in a research report on Friday, October 2nd. Finally, Weiss Ratings raised Enerflex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $37.67.

Trending Headlines about Enerflex

Here are the key news stories impacting Enerflex this week:

• Positive Sentiment: Enerflex secured a contract to design, engineer, fabricate, and assemble more than 1 gigawatt of low-emission, behind-the-meter natural-gas-fired power-generation equipment for a large North American data-center development. The project is expected to support revenue and earnings visibility, with deliveries extending through 2028. Enerflex Announces Major Project Award and Increases Behind-the-Meter Power Generation Backlog to Over 1.75 Gigawatts
• Positive Sentiment: The award, combined with approximately 450 megawatts of projects announced earlier in October, lifted Enerflex’s behind-the-meter power-generation backlog above 1.75 gigawatts. The backlog highlights strong demand for reliable on-site electricity as data-center operators face grid constraints and rising power needs. Enerflex shares jump on more than 1GW data centre power contract
• Positive Sentiment: Canadian Imperial Bank of Commerce upgraded Enerflex from “neutral” to “sector outperform,” adding analyst support to the contract-driven rally. Analysts cited in a separate report have an average price target of $36.67, suggesting further potential upside based on current estimates. Enerflex average analyst target price
• Neutral Sentiment: The new business improves Enerflex’s growth outlook, but the project’s ultimate contribution will depend on execution, customer timelines, equipment delivery, and profitability. The shares are also trading near their yearly high, which may increase sensitivity to profit-taking or delays.

Enerflex Trading Up 14.4%

Shares of Enerflex stock traded up $3.48 during mid-day trading on Tuesday, hitting $27.56. 1,354,637 shares of the stock were exchanged, compared to its average volume of 599,185. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 64.08 and a beta of 1.80. Enerflex Ltd. has a twelve month low of $10.57 and a twelve month high of $29.15. The company has a current ratio of 1.19, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. The company has a 50-day simple moving average of $22.15 and a 200 day simple moving average of $23.47.

Enerflex (NYSE:EFXT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.06). The firm had revenue of $582.00 million during the quarter, compared to analyst estimates of $606.78 million. Enerflex had a net margin of 2.06% and a return on equity of 11.76%. Research analysts forecast that Enerflex Ltd. will post 1.34 EPS for the current year.

Enerflex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were paid a C$0.04 dividend. This represents a $0.17 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, August 19th. Enerflex’s payout ratio is presently 27.91%.

Enerflex Company Profile

Enerflex Ltd. (NYSE: EFXT) is a global provider of natural gas infrastructure and energy solutions. The company designs, engineers, manufactures, commissions and operates equipment and facilities used to process, compress, treat and transport natural gas and other hydrocarbons.

Its products and services include natural gas compression, gas processing and treating systems, refrigeration and power-generation equipment, and related engineering, procurement and construction services. Enerflex also provides aftermarket support, including parts, maintenance, technical services and contract operations for energy infrastructure.

Headquartered in Calgary, Alberta, Enerflex serves energy producers and infrastructure operators across multiple international markets, including North America, Latin America, the Middle East and Australia.