State of New Jersey Common Pension Fund D Purchases 16,636 Shares of Enphase Energy, Inc. $ENPH

State of New Jersey Common Pension Fund D lifted its position in Enphase Energy, Inc. (NASDAQ:ENPH) by 27.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 78,147 shares of the semiconductor company’s stock after acquiring an additional 16,636 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Enphase Energy were worth $2,505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Enphase Energy by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 16,329,647 shares of the semiconductor company’s stock worth $523,365,000 after acquiring an additional 246,876 shares in the last quarter. Coatue Management LLC raised its position in Enphase Energy by 95.3% during the third quarter. Coatue Management LLC now owns 1,647,893 shares of the semiconductor company’s stock worth $58,319,000 after acquiring an additional 803,945 shares in the last quarter. Federated Hermes Inc. raised its position in Enphase Energy by 9.6% during the third quarter. Federated Hermes Inc. now owns 1,619,109 shares of the semiconductor company’s stock worth $57,300,000 after acquiring an additional 141,358 shares in the last quarter. First Trust Advisors LP raised its position in Enphase Energy by 5.0% during the third quarter. First Trust Advisors LP now owns 1,050,158 shares of the semiconductor company’s stock worth $37,165,000 after acquiring an additional 49,745 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in Enphase Energy by 24.3% during the third quarter. Schroder Investment Management Group now owns 1,024,406 shares of the semiconductor company’s stock worth $36,254,000 after acquiring an additional 200,059 shares in the last quarter. 72.12% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Enphase Energy from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. dropped their price target on shares of Enphase Energy from $39.00 to $35.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 29th. Mizuho set a $39.00 price target on shares of Enphase Energy in a research report on Wednesday, February 4th. Citigroup dropped their price target on shares of Enphase Energy from $37.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada raised shares of Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 price target on the stock in a research report on Wednesday, February 4th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, Enphase Energy currently has a consensus rating of “Hold” and an average price target of $40.78.

Enphase Energy Trading Down 0.6%

ENPH stock opened at $35.80 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.20 and a current ratio of 3.80. The company’s 50-day simple moving average is $38.40 and its 200 day simple moving average is $36.25. Enphase Energy, Inc. has a 52 week low of $25.77 and a 52 week high of $54.43. The company has a market capitalization of $4.72 billion, a PE ratio of 35.45 and a beta of 1.26.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.43 by $0.04. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The business had revenue of $282.90 million for the quarter, compared to the consensus estimate of $282.28 million. During the same period in the prior year, the company posted $0.68 earnings per share. Enphase Energy’s revenue was down 20.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Enphase Energy, Inc. will post 0.84 earnings per share for the current year.

Insider Activity

In related news, Director Richard Mora sold 1,100 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $52.05, for a total transaction of $57,255.00. Following the completion of the sale, the director owned 9,370 shares of the company’s stock, valued at $487,708.50. This represents a 10.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Thurman J. Rodgers sold 137,250 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $43.61, for a total transaction of $5,985,472.50. Following the sale, the director directly owned 1,597,641 shares of the company’s stock, valued at $69,673,124.01. This represents a 7.91% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.90% of the company’s stock.

Enphase Energy News Summary

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Goldman Sachs analyst Brian K. Lee reaffirmed a Buy on ENPH and kept a $51 price target, citing growth opportunity from the company’s solid?state transformer strategy — a signal that a major sell?side firm sees meaningful upside. Analyst Reaffirms Buy on Enphase Energy, Keeps $51 Price Target
• Positive Sentiment: Research firm Northland Securities materially raised EPS forecasts across 2026–2027 (lifting several quarterly and full?year estimates), which improves the company’s near?term earnings trajectory and could support multiple expansion if results follow. (Market research summary)
• Positive Sentiment: Enphase’s new IQ Solid?State Transformer (IQ SST) — positioned for higher?density DC power in AI data centers — is drawing fresh investor interest because it targets a large, higher?margin market beyond residential solar. That product narrative is being used to re?assess the company’s addressable market and valuation. Assessing Enphase Energy (ENPH) Valuation After New IQ SST Platform Targets AI Data Centers
• Positive Sentiment: Short?term momentum: coverage notes ENPH has been attracting Nasdaq/market attention after recent moves, which can amplify intraday buying interest and volatility. Enphase Energy Stock Gains Nasdaq Composite Focus After Market Moves
• Neutral Sentiment: Corporate event: Enphase will hold its 2026 Annual Meeting (May 13) with a CEO presentation to follow — a potential catalyst for guidance or product updates but routine unless new guidance or material announcements are made. Enphase Energy to Hold 2026 Annual Meeting of Stockholders on May 13, 2026
• Negative Sentiment: Valuation and momentum concerns: commentary highlights a prolonged share?price slump and asks whether current levels reflect underlying fundamentals — a reminder investors are weighing growth optionality from new products against recent revenue/earnings softness. Is It Time To Reassess Enphase Energy (ENPH) After Its Prolonged Share Price Slump?

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.