California State Teachers Retirement System Has $5.70 Million Holdings in Enphase Energy, Inc. $ENPH

Key Points

• California State Teachers Retirement System increased its Enphase Energy stake by 21.6% to 150,840 shares worth approximately $5.70 million. Institutional investors and hedge funds collectively own 72.12% of the company.
• Enphase reported quarterly EPS of $0.46, narrowly missing estimates, while revenue fell 19.6% year over year to $291.85 million. The stock opened at $39.67, well below its 50-day moving average of $47.40.
• Analyst sentiment remains mixed, with an average “Hold” rating and a $45.61 price target; Morgan Stanley issued a “Sell” rating, while other firms maintained Buy or Overweight views.

California State Teachers Retirement System increased its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) by 21.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 150,840 shares of the semiconductor company's stock after purchasing an additional 26,824 shares during the period. California State Teachers Retirement System owned about 0.11% of Enphase Energy worth $5,703,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Woodline Partners LP lifted its stake in Enphase Energy by 37.9% during the first quarter. Woodline Partners LP now owns 11,191 shares of the semiconductor company's stock worth $694,000 after purchasing an additional 3,077 shares during the period. Acadian Asset Management LLC acquired a new position in Enphase Energy during the first quarter worth $121,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Enphase Energy during the second quarter valued at $1,299,000. Guggenheim Capital LLC boosted its stake 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 purchasing an additional 3,273 shares in the last quarter. Finally, California Public Employees Retirement System grew its holdings 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 worth $9,468,000 after purchasing an additional 25,450 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors and hedge funds.

Enphase Energy Price Performance

ENPH stock opened at $39.67 on Friday. The stock has a 50-day moving average price of $47.40 and a two-hundred day moving average price of $43.94. Enphase Energy, Inc. has a 1 year low of $25.77 and a 1 year high of $73.74. The stock has a market cap of $5.24 billion, a PE ratio of 39.67 and a beta of 1.64. The company has a current ratio of 3.45, a quick ratio of 2.95 and a debt-to-equity ratio of 0.48.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.47 by ($0.01). Enphase Energy had a net margin of 10.09% and a return on equity of 13.31%. The firm had revenue of $291.85 million during the quarter, compared to the consensus estimate of $289.76 million. During the same quarter last year, the firm earned $0.69 earnings per share. The business's revenue for the quarter was down 19.6% on a year-over-year basis. Equities analysts forecast that Enphase Energy, Inc. will post 0.78 EPS for the current fiscal year.

Key Enphase Energy News

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

• Positive Sentiment: Enphase is expanding beyond solar equipment with IQ Air, a connected-home product that could broaden the company’s platform, create additional revenue opportunities and strengthen customer engagement over time. Enphase Energy Steps Into the Connected Home With IQ Air
• Neutral Sentiment: Institutional positioning is mixed: some major investors increased their ENPH holdings while others reduced exposure. This suggests divided views on the timing and strength of a recovery rather than a clear change in the stock’s outlook.
• Negative Sentiment: Morgan Stanley assigned Enphase a Sell rating, adding pressure as investors remain cautious about the company’s near-term growth prospects. Enphase Energy Gets a Sell From Morgan Stanley
• Negative Sentiment: Northland Securities lowered its EPS forecasts across multiple periods, including Q3 2026 to $0.18 from $0.28, Q4 2026 to $0.27 from $0.32, FY2026 to $0.74 from $0.95 and FY2027 to $1.40 from $1.49. The cuts reinforce concerns that the earnings recovery may take longer than expected.
• Negative Sentiment: Recent trading pressure reflects soft U.S. residential solar demand, uncertainty following the expiration of the Section 25D tax credit, tariffs and changing incentive programs. Enphase’s guidance for roughly $290 million to $320 million in quarterly revenue implies only modest near-term improvement, while its latest revenue declined 19.6% year over year.

Wall Street Analysts Forecast Growth

ENPH has been the subject of several analyst reports. Jefferies Financial Group lifted their price target on shares of Enphase Energy from $41.00 to $64.00 and gave the company a "buy" rating in a report on Friday, June 12th. Wells Fargo & Company cut their target price on shares of Enphase Energy from $45.00 to $44.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft increased their price target on Enphase Energy from $39.00 to $40.00 and gave the stock a "hold" rating in a research report on Thursday, April 30th. The Goldman Sachs Group lifted their price objective on Enphase Energy from $51.00 to $57.00 and gave the company a "buy" rating in a research report on Wednesday, May 20th. Finally, Morgan Stanley set a $27.00 price objective on Enphase Energy in a research note on Friday, May 8th. Eight analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $45.61.

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the firm's stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of $67.50 per share, with a total value of $337,500.00. Following the purchase, the chief executive officer directly owned 1,645,632 shares of the company's stock, valued at $111,080,160. The trade was a 0.30% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard Mora sold 2,000 shares of the business's stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $36.76, for a total transaction of $73,520.00. Following the completion of the sale, the director directly owned 11,922 shares in the company, valued at approximately $438,252.72. This represents a 14.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,400 shares of company stock valued at $150,933 in the last quarter. 2.90% of the stock is currently owned by insiders.

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.

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