ABN Amro Investment Solutions Has $3.42 Million Holdings in Nokia Corporation $NOK

ABN Amro Investment Solutions cut its position in shares of Nokia Corporation (NYSE:NOK) by 31.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 424,941 shares of the technology company’s stock after selling 199,405 shares during the period. ABN Amro Investment Solutions’ holdings in Nokia were worth $3,417,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NOK. Analog Century Management LP acquired a new position in shares of Nokia in the 4th quarter worth approximately $104,244,000. Arrowstreet Capital Limited Partnership boosted its stake in Nokia by 50.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company’s stock valued at $208,873,000 after buying an additional 14,482,665 shares in the last quarter. ARGA Investment Management LP boosted its stake in Nokia by 166.4% in the 1st quarter. ARGA Investment Management LP now owns 20,388,202 shares of the technology company’s stock valued at $163,921,000 after buying an additional 12,734,021 shares in the last quarter. Pzena Investment Management LLC grew its position in Nokia by 14.5% in the fourth quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock valued at $594,868,000 after acquiring an additional 11,612,590 shares during the period. Finally, Alyeska Investment Group L.P. raised its stake in Nokia by 171.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock worth $113,161,000 after acquiring an additional 11,035,002 shares in the last quarter. 5.28% of the stock is owned by institutional investors.

Nokia Trading Down 5.4%

Shares of NYSE NOK opened at $9.72 on Friday. Nokia Corporation has a 1-year low of $4.00 and a 1-year high of $17.45. The company has a 50-day moving average of $13.46 and a two-hundred day moving average of $10.27. The company has a market cap of $55.83 billion, a PE ratio of 60.77, a P/E/G ratio of 1.46 and a beta of 1.17. The company has a current ratio of 1.57, a quick ratio of 1.32 and a debt-to-equity ratio of 0.11.

Nokia (NYSE:NOK) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.57 billion. Nokia had a net margin of 4.02% and a return on equity of 9.05%. Nokia’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 earnings per share. As a group, equities analysts expect that Nokia Corporation will post 0.4 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NOK has been the topic of several recent analyst reports. Morgan Stanley restated an “overweight” rating on shares of Nokia in a research note on Friday, May 22nd. The Goldman Sachs Group raised shares of Nokia from a “sell” rating to a “neutral” rating in a report on Monday, March 30th. Weiss Ratings restated a “hold (c)” rating on shares of Nokia in a research report on Tuesday, June 9th. Nordea Equity Research raised shares of Nokia from a “hold” rating to a “buy” rating in a research note on Friday, April 24th. Finally, Argus raised shares of Nokia from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Monday, April 27th. Thirteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Nokia currently has a consensus rating of “Moderate Buy” and an average target price of $12.57.

Nokia News Summary

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia beat profit expectations, reporting $0.08 EPS versus $0.07 expected, with revenue up 8.4% year over year and network infrastructure strength helping offset a slight revenue miss. Reuters: Nokia Q2 profit beat on AI demand
• Positive Sentiment: Management said AI and cloud orders surged, with AI/cloud sales more than doubling and order intake reaching 2.8 billion euros, reinforcing the market’s view that Nokia is benefiting from data-center and AI infrastructure spending. Yahoo Finance: Nokia says AI, cloud boosted sales in second quarter
• Positive Sentiment: Nokia raised its full-year comparable operating profit guidance, signaling confidence that AI-driven demand will continue through the rest of 2026. Invezz: Nokia raises profit outlook as AI and cloud demand boost results
• Positive Sentiment: Several reports noted that AI infrastructure demand and record AI-related orders were the main drivers behind the stock’s jump, with investors focusing on Nokia’s growing role in network equipment for data centers. Investor’s Hub: Nokia reports stronger second-quarter earnings

About Nokia

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.