Montrusco Bolton Investments Inc. Acquires 185,086 Shares of Enerflex Ltd. $EFXT

Montrusco Bolton Investments Inc. increased its holdings in shares of Enerflex Ltd. (NYSE:EFXT) by 694.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 211,736 shares of the company’s stock after purchasing an additional 185,086 shares during the quarter. Montrusco Bolton Investments Inc.’s holdings in Enerflex were worth $4,829,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EFXT. Baron Wealth Management LLC boosted its stake in Enerflex by 2.5% in the 2nd quarter. Baron Wealth Management LLC now owns 30,530 shares of the company’s stock worth $748,000 after buying an additional 751 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in Enerflex by 4.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 24,089 shares of the company’s stock valued at $502,000 after buying an additional 1,017 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of Enerflex during the 2nd quarter valued at about $30,000. Kathmere Capital Management LLC increased its stake in shares of Enerflex by 12.0% during the 1st quarter. Kathmere Capital Management LLC now owns 22,587 shares of the company’s stock valued at $473,000 after acquiring an additional 2,422 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Enerflex during the 2nd quarter valued at about $79,000. 46.47% of the stock is currently owned by hedge funds and other institutional investors.

Key Enerflex News

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.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EFXT shares. Wall Street Zen lowered shares of Enerflex from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Acumen Capital upgraded shares of Enerflex to a “strong-buy” rating in a report on Friday, October 2nd. Zacks Research downgraded shares of 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 shares of Enerflex and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Weiss Ratings raised shares of Enerflex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $37.67.

Enerflex Trading Up 14.4%

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

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

Enerflex Dividend Announcement

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