Nokia Corporation $NOK Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lowered its position in Nokia Corporation (NYSE:NOK) by 11.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 41,855,433 shares of the technology company’s stock after selling 5,465,625 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Nokia were worth $336,518,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fifth Third Bancorp grew its stake in Nokia by 248.7% during the 4th quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock valued at $25,000 after acquiring an additional 2,721 shares in the last quarter. Wexford Capital LP acquired a new stake in Nokia in the 3rd quarter valued at about $29,000. FNY Investment Advisers LLC lifted its stake in Nokia by 33,457.1% in the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock worth $30,000 after purchasing an additional 4,684 shares in the last quarter. Dorato Capital Management acquired a new position in shares of Nokia during the 4th quarter worth approximately $31,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Nokia during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

Wall Street Analysts Forecast Growth

NOK has been the subject of several recent research reports. Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Arete Research upgraded Nokia from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Nokia in a research note on Friday, May 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Finally, Barclays reissued an “underweight” rating on shares of Nokia in a research report on Wednesday, April 29th. Thirteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.57.

Nokia Stock Performance

NYSE:NOK opened at $9.72 on Friday. Nokia Corporation has a fifty-two week low of $4.00 and a fifty-two week high of $17.45. 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 company has a 50 day moving average price of $13.46 and a 200 day moving average price of $10.27. The stock has a market capitalization of $55.83 billion, a P/E ratio of 60.77, a PEG ratio of 1.46 and a beta of 1.17.

Nokia (NYSE:NOK) last announced its earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Nokia had a return on equity of 9.05% and a net margin of 4.02%.The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same quarter in the previous year, the company earned $0.04 earnings per share. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. Equities research analysts forecast that Nokia Corporation will post 0.4 EPS for the current year.

Trending Headlines about Nokia

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

Nokia 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.