Duff & Phelps Investment Management Co. Grows Position in Enphase Energy, Inc. $ENPH

Duff & Phelps Investment Management Co. grew its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 13.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,312 shares of the semiconductor company’s stock after buying an additional 4,121 shares during the period. Duff & Phelps Investment Management Co.’s holdings in Enphase Energy were worth $1,400,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ENPH. Mutual of America Capital Management LLC raised its stake in Enphase Energy by 18.6% in the 1st quarter. Mutual of America Capital Management LLC now owns 19,194 shares of the semiconductor company’s stock worth $1,191,000 after acquiring an additional 3,012 shares during the last quarter. CWM LLC increased its holdings in shares of Enphase Energy by 65.2% in the first quarter. CWM LLC now owns 10,021 shares of the semiconductor company’s stock valued at $622,000 after purchasing an additional 3,954 shares during the period. Teachers Retirement System of The State of Kentucky raised its stake in shares of Enphase Energy by 2.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 10,357 shares of the semiconductor company’s stock worth $643,000 after purchasing an additional 255 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its holdings in shares of Enphase Energy by 379.0% during the first quarter. Y Intercept Hong Kong Ltd now owns 40,767 shares of the semiconductor company’s stock worth $2,530,000 after purchasing an additional 32,257 shares during the period. Finally, Cetera Investment Advisers boosted its position in Enphase Energy by 11.8% in the first quarter. Cetera Investment Advisers now owns 20,928 shares of the semiconductor company’s stock valued at $1,299,000 after buying an additional 2,202 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors and hedge funds.

Enphase Energy Price Performance

NASDAQ:ENPH opened at $27.53 on Tuesday. The company has a quick ratio of 1.82, a current ratio of 2.04 and a debt-to-equity ratio of 0.57. Enphase Energy, Inc. has a 52 week low of $27.35 and a 52 week high of $78.26. The stock’s 50-day moving average price is $35.16 and its 200-day moving average price is $38.11. The stock has a market capitalization of $3.60 billion, a PE ratio of 18.99 and a beta of 1.63.

Enphase Energy (NASDAQ:ENPH) last announced its earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The firm had revenue of $410.43 million for the quarter, compared to analyst estimates of $364.64 million. During the same quarter last year, the firm posted $0.65 EPS. The business’s revenue was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on ENPH shares. Morgan Stanley reduced their price target on shares of Enphase Energy from $28.00 to $26.00 and set an “underweight” rating for the company in a research report on Thursday, October 30th. Wall Street Zen cut shares of Enphase Energy from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. TD Cowen lowered their price target on shares of Enphase Energy from $40.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, October 29th. Royal Bank Of Canada cut their price target on Enphase Energy from $33.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 29th. Finally, Barclays lifted their price objective on Enphase Energy from $29.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and thirteen have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Enphase Energy presently has an average rating of “Reduce” and an average target price of $41.76.

Insiders Place Their Bets

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman bought 10,000 shares of the stock in a transaction on Friday, October 31st. The shares were bought at an average price of $30.93 per share, with a total value of $309,300.00. Following the purchase, the chief executive officer directly owned 1,630,632 shares in the company, valued at $50,435,447.76. This trade represents a 0.62% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 3.10% of the company’s stock.

Enphase Energy Company Profile

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.