Artisan Partners Limited Partnership Has $643.62 Million Holdings in Nokia Corporation $NOK

Artisan Partners Limited Partnership lessened its position in shares of Nokia Corporation (NYSE:NOK) by 7.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,477,170 shares of the technology company’s stock after selling 7,508,990 shares during the quarter. Nokia makes up about 1.0% of Artisan Partners Limited Partnership’s investment portfolio, making the stock its 24th largest position. Artisan Partners Limited Partnership’s holdings in Nokia were worth $643,617,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Analog Century Management LP acquired a new stake in shares of Nokia during the 4th quarter worth approximately $104,244,000. QRG Capital Management Inc. lifted its position in shares of Nokia by 34.6% during the 4th quarter. QRG Capital Management Inc. now owns 539,926 shares of the technology company’s stock worth $3,493,000 after buying an additional 138,935 shares during the period. Jefferies Financial Group Inc. acquired a new stake in Nokia in the 3rd quarter valued at $4,595,000. Polar Asset Management Partners Inc. acquired a new stake in Nokia in the 3rd quarter valued at $11,910,000. Finally, Pzena Investment Management LLC boosted its stake in Nokia by 14.5% in the 4th quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock valued at $594,868,000 after buying an additional 11,612,590 shares in the last quarter. Institutional investors and hedge funds own 5.28% of the company’s stock.

Key Stories Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia announced a $30 million expansion of its Pennsylvania advanced semiconductor test and packaging operations, a move aimed at supporting AI infrastructure and photonic chip production. The project is expected to add hundreds of jobs and could strengthen Nokia’s U.S. manufacturing footprint, which may improve long-term growth prospects. Article Title
• Positive Sentiment: Local coverage highlighted the expansion as a meaningful economic win for Lehigh County, with job creation estimates ranging from 250 to 500 positions. The headlines around increased U.S. investment and AI-related manufacturing could be supporting sentiment around Nokia’s strategic positioning. Article Title
• Positive Sentiment: Analyst-style commentary and recent coverage also pointed to Nokia’s AI framework and 6G ambitions as potential competitive advantages, reinforcing the idea that the company is trying to expand beyond traditional telecom equipment into higher-growth areas. Article Title
• Neutral Sentiment: Additional local articles focused on Gov. Josh Shapiro’s visit and the broader regional investment story, which may help brand visibility but are less likely to affect near-term financial results. Article Title
• Negative Sentiment: Despite the upbeat expansion news, recent market commentary suggests Nokia’s sharp year-to-date rally has left the stock vulnerable to profit-taking, with investors questioning whether the valuation already reflects much of the good news. Article Title

Nokia Trading Down 5.7%

Shares of NOK opened at $13.98 on Wednesday. The stock has a fifty day moving average price of $12.94 and a two-hundred day moving average price of $9.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.32 and a current ratio of 1.57. Nokia Corporation has a 52-week low of $4.00 and a 52-week high of $17.45. The company has a market cap of $80.28 billion, a price-to-earnings ratio of 87.38, a PEG ratio of 2.88 and a beta of 1.15.

Nokia (NYSE:NOK) last issued its quarterly earnings data on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. Nokia had a return on equity of 9.05% and a net margin of 4.02%.The firm had revenue of $5.21 billion during the quarter. Analysts predict that Nokia Corporation will post 0.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NOK shares. JPMorgan Chase & Co. boosted their price target on Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. The Goldman Sachs Group raised Nokia from a “sell” rating to a “neutral” rating in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a research note on Tuesday, June 9th. Barclays reaffirmed an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Finally, Arete Research raised Nokia from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Nokia has an average rating of “Moderate Buy” and a consensus price target of $12.57.

Nokia Company Profile

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.