Lazard Asset Management LLC Reduces Stake in Enphase Energy, Inc. $ENPH

Lazard Asset Management LLC trimmed its stake in Enphase Energy, Inc. (NASDAQ:ENPH) by 99.9% during the first quarter, Holdings Channel reports. The fund owned 5,495 shares of the semiconductor company’s stock after selling 4,046,448 shares during the period. Lazard Asset Management LLC’s holdings in Enphase Energy were worth $208,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Enphase Energy by 431.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 514 shares during the last quarter. Glass Jacobson Investment Advisors llc grew its holdings in Enphase Energy by 77.8% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 350 shares during the period. Activest Wealth Management grew its holdings in Enphase Energy by 52,000.0% during the fourth quarter. Activest Wealth Management now owns 1,042 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 1,040 shares during the period. Ascentis Independent Advisors purchased a new stake in Enphase Energy in the first quarter worth $33,000. Finally, Danske Bank A S purchased a new stake in Enphase Energy in the third quarter worth $39,000. 72.12% of the stock is owned by institutional investors.

Enphase Energy Price Performance

Enphase Energy stock opened at $41.87 on Friday. The firm has a market capitalization of $5.53 billion, a P/E ratio of 41.87 and a beta of 1.64. Enphase Energy, Inc. has a one year low of $25.77 and a one year high of $73.74. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.45 and a quick ratio of 2.95. The business has a fifty day moving average price of $46.87 and a 200-day moving average price of $43.92.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share (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 company had revenue of $291.85 million for the quarter, compared to the consensus estimate of $289.76 million. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The business’s revenue for the quarter was down 19.6% compared to the same quarter last year. As a group, equities research analysts forecast that Enphase Energy, Inc. will post 0.78 EPS for the current year.

More Enphase Energy News

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

• Positive Sentiment: Broader solar-sector momentum lifted Enphase alongside other renewable-energy stocks after the tariff announcement. Redwire, Enphase, Core & Main, Republic Services, and Owens Corning stocks trade up
• Positive Sentiment: Investors are also watching Enphase’s expansion beyond solar inverters into connected-home energy management, including its IQ Air product, which could broaden revenue opportunities over time. Enphase Energy steps into the connected home with IQ Air
• Neutral Sentiment: The company’s broader energy-management strategy is attracting attention, but the investment case remains dependent on a sustained recovery in residential solar demand. Enphase Energy stock watched as energy management widens the story
• Negative Sentiment: Northland Securities lowered its EPS forecasts for the third and fourth quarters of 2026, fiscal 2026, and fiscal 2027, citing a weaker earnings outlook. Its estimates fell to $0.18, $0.27, $0.74, and $1.40 per share, respectively. Q1 EPS estimates for Enphase Energy reduced by analyst
• Negative Sentiment: Morgan Stanley maintained a sell view, adding to concerns about valuation and the pace of the company’s recovery. Enphase Energy gets a sell from Morgan Stanley
• Negative Sentiment: Weak U.S. residential demand, the expiration of the federal residential clean-energy tax credit, and uncertainty around incentives continue to cloud near-term growth. Recent results showed year-over-year revenue contraction and only modest projected improvement. Enphase Energy slides as investors weigh soft residential solar demand

Insider Activity

In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the company’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 acquisition, the chief executive officer owned 1,645,632 shares of the company’s stock, valued at approximately $111,080,160. The trade was a 0.30% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Shanker Trivedi bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was bought at an average price of $53.91 per share, with a total value of $53,910.00. Following the completion of the transaction, the director directly owned 1,000 shares of the company’s stock, valued at $53,910. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders sold 3,400 shares of company stock worth $150,933. 2.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company dropped their price target on Enphase Energy from $45.00 to $44.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Oppenheimer decreased their price objective on Enphase Energy from $57.00 to $56.00 and set an “outperform” rating for the company in a report on Wednesday, July 29th. Evercore set a $37.00 price objective on Enphase Energy in a research note on Monday, May 4th. Citigroup dropped their price objective on shares of Enphase Energy from $43.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Finally, TD Cowen cut their target price on shares of Enphase Energy from $70.00 to $48.00 and set a “hold” rating for the company in a research report on Monday, July 20th. Eight equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $45.61.

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.