Arrowstreet Capital Limited Partnership Has $306.17 Million Stake in Nokia Corporation $NOK

Arrowstreet Capital Limited Partnership grew its holdings in Nokia Corporation (NYSE:NOK) by 9.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 47,321,058 shares of the technology company’s stock after buying an additional 3,896,363 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Nokia were worth $306,167,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its holdings in Nokia by 6.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 22,426 shares of the technology company’s stock worth $145,000 after purchasing an additional 1,450 shares during the last quarter. Xponance LLC increased its position in shares of Nokia by 13.0% during the fourth quarter. Xponance LLC now owns 13,590 shares of the technology company’s stock valued at $88,000 after purchasing an additional 1,567 shares during the period. Allworth Financial LP increased its position in shares of Nokia by 7.1% during the third quarter. Allworth Financial LP now owns 24,344 shares of the technology company’s stock valued at $117,000 after purchasing an additional 1,609 shares during the period. Truist Financial Corp increased its position in shares of Nokia by 5.7% during the fourth quarter. Truist Financial Corp now owns 30,394 shares of the technology company’s stock valued at $197,000 after purchasing an additional 1,645 shares during the period. Finally, Xponance Inc. increased its position in shares of Nokia by 16.7% during the third quarter. Xponance Inc. now owns 12,023 shares of the technology company’s stock valued at $58,000 after purchasing an additional 1,717 shares during the period. 5.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on NOK shares. Arete Research raised Nokia from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Nordea Equity Research upgraded Nokia from a “hold” rating to a “buy” rating in a report on Friday, April 24th. Argus raised Nokia from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Monday, April 27th. Wall Street Zen downgraded Nokia from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Barclays reiterated an “underweight” rating on shares of Nokia in a report on Wednesday, April 29th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $12.57.

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: JPMorgan Chase & Co. raised its price target on Nokia from $14.00 to $21.00 and kept an overweight rating, signaling confidence in roughly 42% upside from current levels.
• Positive Sentiment: Investors are reacting to Nokia’s new trust-based, agentic AI framework for its Network Services Platform, which could improve network operations, reduce troubleshooting time, and strengthen Nokia’s AI-driven product story. Article Title
• Positive Sentiment: Additional commentary from analysts and market coverage suggested Nokia could see faster order growth in 2026, with the company’s push into AI-powered networks viewed as a key longer-term growth driver.
• Positive Sentiment: Recent bullish research also highlighted Nokia’s optical networking transformation, margin expansion potential, and growing AI/cloud exposure as reasons the market may not yet be fully pricing in the upside.
• Neutral Sentiment: One Seeking Alpha piece took a more cautious view, arguing that AI is an opportunity but not a transformative miracle, which adds some balance to the bullish narrative.

Nokia Price Performance

NYSE:NOK opened at $14.80 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.32 and a current ratio of 1.57. The stock has a 50-day simple moving average of $12.72 and a 200 day simple moving average of $9.03. The company has a market cap of $84.99 billion, a PE ratio of 92.51, a PEG ratio of 2.88 and a beta of 1.15. Nokia Corporation has a 52-week low of $4.00 and a 52-week high of $17.45.

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

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.