First Trust Advisors LP Lowers Position in Nokia Corporation $NOK

First Trust Advisors LP lessened its stake in Nokia Corporation (NYSE:NOK) by 10.1% during the first quarter, Holdings Channel reports. The firm owned 3,188,859 shares of the technology company’s stock after selling 356,431 shares during the period. First Trust Advisors LP’s holdings in Nokia were worth $25,638,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of NOK. Pzena Investment Management LLC boosted its holdings in Nokia by 14.5% during the 4th quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock worth $594,868,000 after acquiring an additional 11,612,590 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Nokia by 9.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 47,321,058 shares of the technology company’s stock valued at $306,167,000 after purchasing an additional 3,896,363 shares in the last quarter. ARGA Investment Management LP grew its position 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 worth $163,921,000 after purchasing an additional 12,734,021 shares in the last quarter. Alyeska Investment Group L.P. increased its stake in Nokia by 171.0% in the 4th quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock valued at $113,161,000 after buying an additional 11,035,002 shares during the last quarter. Finally, Analog Century Management LP purchased a new position in shares of Nokia in the 4th quarter worth approximately $104,244,000. 5.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Nokia in a research report on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of Nokia in a report on Friday, May 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Nokia in a research report on Tuesday, June 9th. Danske raised shares of Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Finally, Arete Research raised Nokia from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Thirteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.57.

Nokia Stock Performance

Nokia stock opened at $8.91 on Wednesday. Nokia Corporation has a 1-year low of $4.00 and a 1-year high of $17.45. The company has a current ratio of 1.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $51.16 billion, a PE ratio of 63.64, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17. The firm’s 50 day simple moving average is $13.18 and its 200 day simple moving average is $10.32.

Nokia (NYSE:NOK) last posted its earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. The business had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The firm’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.04 earnings per share. As a group, analysts expect that Nokia Corporation will post 0.41 earnings per share for the current fiscal year.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Board member Timo Ihamuotila bought 60,000 Nokia shares, an insider transaction that may signal confidence in the company’s long-term prospects and provide support for investor sentiment. Nokia Board Member Timo Ihamuotila Buys 60,000 Shares
• Positive Sentiment: Monday market coverage focused on Nokia’s upward move and the factors attracting investor attention, with the insider purchase likely among the more tangible recent catalysts. Nokia stock is gaining Monday: What’s going on?
• Neutral Sentiment: Specifications for a rumored Nokia 250 4G Smart feature phone were leaked, including 4G connectivity, cloud-phone functionality and a QR reader. The product could support Nokia’s device business, but there is no confirmed launch, pricing or expected financial impact. Nokia 250 4G Smart specifications leaked
• Negative Sentiment: Northland Securities reduced its third-quarter 2026 EPS estimate for NOK to $0.07 from $0.09. The cut suggests analysts see somewhat weaker near-term profitability, despite the current full-year consensus estimate of $0.41 per share. Q4 EPS Estimates for Nokia Decreased by Northland Securities

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.