State of New Jersey Common Pension Fund D Has $2.51 Million Stock Holdings in Enphase Energy, Inc. $ENPH

State of New Jersey Common Pension Fund D lifted its position in Enphase Energy, Inc. (NASDAQ:ENPH) by 27.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 owned approximately 0.06% of Enphase Energy worth $2,505,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ENPH. Woodline Partners LP raised its position in shares of Enphase Energy by 37.9% in the 1st quarter. Woodline Partners LP now owns 11,191 shares of the semiconductor company’s stock valued at $694,000 after acquiring an additional 3,077 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Enphase Energy in the 1st quarter valued at approximately $121,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Enphase Energy in the 2nd quarter valued at approximately $1,299,000. Guggenheim Capital LLC raised its position in shares of Enphase Energy by 14.1% in the 2nd quarter. Guggenheim Capital LLC now owns 26,459 shares of the semiconductor company’s stock valued at $1,049,000 after acquiring an additional 3,273 shares during the period. Finally, California Public Employees Retirement System raised its position in shares of Enphase Energy by 11.9% in the 2nd quarter. California Public Employees Retirement System now owns 238,794 shares of the semiconductor company’s stock valued at $9,468,000 after acquiring an additional 25,450 shares during the period. 72.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Enphase Energy from $39.00 to $35.00 and set a “neutral” rating on the stock in a report on Wednesday, April 29th. Morgan Stanley restated an “underweight” rating and set a $30.00 target price on shares of Enphase Energy in a report on Wednesday, February 4th. Wells Fargo & Company dropped their target price on shares of Enphase Energy from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Oppenheimer dropped their target price on shares of Enphase Energy from $68.00 to $57.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. Finally, Weiss Ratings downgraded shares of Enphase Energy from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 1st. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $40.78.

Insider Activity at Enphase Energy

In other news, Director Thurman J. Rodgers sold 137,250 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $43.61, for a total transaction of $5,985,472.50. Following the completion of the transaction, the director directly owned 1,597,641 shares of the company’s stock, valued at $69,673,124.01. This trade represents a 7.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Mora sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $52.05, for a total transaction of $57,255.00. Following the transaction, the director directly 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 SEC filing for this sale provides additional information. 2.90% of the stock is owned by company insiders.

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 Stock Performance

Shares of 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 has a market capitalization of $4.72 billion, a P/E ratio of 35.45 and a beta of 1.26. The company’s 50 day moving average price is $38.40 and its two-hundred day moving average price is $36.25. Enphase Energy, Inc. has a 52 week low of $25.77 and a 52 week high of $54.43.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The company had revenue of $282.90 million during the quarter, compared to analysts’ expectations of $282.28 million. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The business’s quarterly revenue was down 20.6% on a year-over-year basis. During the same period last year, the business earned $0.68 EPS. On average, analysts expect that Enphase Energy, Inc. will post 0.84 earnings per share for the current fiscal year.

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.