ARGA Investment Management LP Invests $49.52 Million in Nokia Corporation $NOK

Key Points

• ARGA Investment Management bought 7,654,181 shares of Nokia (≈$49.52 million), making Nokia ~1.4% of ARGA’s portfolio and the fund’s 15th-largest holding (ARGA owns ~0.13% of Nokia).
• Analyst sentiment and an AI/5G networking narrative are turning bullish — firms including Argus and Nordea upgraded Nokia (Argus set a $15 target) and large institutional stakes (notably Nvidia) plus new partnerships have lifted the outlook, giving a MarketBeat consensus of a “Moderate Buy.”
• Nokia recently beat Q1 expectations (EPS $0.06; revenue $5.21B) and raised its quarterly dividend to $0.0468 (annualized $0.19, ~1.7% yield), while the stock trades near multi‑year highs.

ARGA Investment Management LP bought a new position in Nokia Corporation (NYSE:NOK - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 7,654,181 shares of the technology company's stock, valued at approximately $49,523,000. Nokia accounts for 1.4% of ARGA Investment Management LP's investment portfolio, making the stock its 15th biggest position. ARGA Investment Management LP owned about 0.13% of Nokia at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Wexford Capital LP bought a new position in Nokia during the 3rd quarter valued at about $29,000. FNY Investment Advisers LLC grew its holdings in Nokia by 33,457.1% during the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company's stock valued at $30,000 after purchasing an additional 4,684 shares during the last quarter. Dorato Capital Management bought a new position in Nokia during the 4th quarter valued at about $31,000. Caitong International Asset Management Co. Ltd bought a new position in Nokia during the 3rd quarter valued at about $34,000. Finally, Spire Wealth Management grew its holdings in Nokia by 239.6% during the 4th quarter. Spire Wealth Management now owns 6,242 shares of the technology company's stock valued at $40,000 after purchasing an additional 4,404 shares during the last quarter. 5.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on NOK shares. Northland Securities set a $13.00 price target on shares of Nokia in a report on Monday, April 20th. Nordea Equity Research raised Nokia from a "hold" rating to a "buy" rating in a research report on Friday. Argus raised Nokia from a "hold" rating to a "buy" rating and set a $15.00 price objective on the stock in a research report on Monday. The Goldman Sachs Group raised Nokia from a "sell" rating to a "neutral" rating in a research report on Monday, March 30th. Finally, Citigroup reaffirmed a "sell" rating on shares of Nokia in a research report on Friday, January 23rd. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $9.71.

More Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: AI-driven outlook lift — Coverage notes Nokia’s Q1 beat and sharply improved outlook as cloud/hyperscaler and AI networking demand accelerate, which supports revenue and margin re-rating. Nokia is starting to look different and AI is a big reason
• Positive Sentiment: Analyst upgrade — Argus upgraded NOK from Hold to Buy with a $15 price target (about ~40% upside vs. recent levels), providing a clear bullish catalyst for momentum traders and longer-term investors. Argus Upgrades Nokia to Buy
• Positive Sentiment: Major institutional backing — Reports show Nvidia holds a meaningful Nokia position (~166.4M ADRs reported) and earlier invested ~$1B; that placement signals strategic alignment with AI infrastructure players and lends credibility to the AI narrative. Nvidia is quietly betting 8% of its portfolio on this $10 stock
• Positive Sentiment: Strategic partnerships — New alliances with Orange and RUCKUS to co-develop AI-powered 5G RAN solutions and integrated Wi‑Fi 7 / fiber LAN offerings position Nokia to capture enterprise and operator AI networking spend. Nokia Alliances With Orange And RUCKUS Test AI Network Rerating
• Positive Sentiment: High-profile investor interest — Coverage highlights a stake by Oaktree/Howard Marks among other institutional holders, which can attract further investor attention and reduce perceived risk for some buyers. Howard Marks Likes Upside Potential of This Stock
• Neutral Sentiment: Market narrative / media coverage — Multiple outlets report the stock hitting multi‑year highs and increased media attention (podcasts, feature pieces). This raises visibility but can also amplify short‑term volatility. Nokia stock surges to 16-year high
• Negative Sentiment: Competitive pressure: Ciena comparison — Recent analyst pieces comparing Ciena (CIEN) vs. Nokia paint Ciena as stronger in near-term AI-driven optical/networking demand (larger backlog, record revenue), suggesting Nokia faces stiff competition for hyperscaler spend. Ciena vs. Nokia: Which Networking Stock is the Better Buy Now?

Nokia Price Performance

Nokia stock opened at $10.74 on Tuesday. The stock has a market cap of $61.64 billion, a price-to-earnings ratio of 67.10, a price-to-earnings-growth ratio of 2.02 and a beta of 0.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.36. Nokia Corporation has a 1 year low of $4.00 and a 1 year high of $11.30. The firm has a 50-day moving average of $8.65 and a two-hundred day moving average of $7.24.

Nokia (NYSE:NOK - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $5.21 billion during the quarter. Nokia had a net margin of 4.02% and a return on equity of 9.22%. On average, research analysts forecast that Nokia Corporation will post 0.4 earnings per share for the current year.

Nokia Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 12th. Shareholders of record on Tuesday, April 28th will be issued a $0.0468 dividend. The ex-dividend date is Tuesday, April 28th. This represents a $0.19 annualized dividend and a dividend yield of 1.7%. This is a positive change from Nokia's previous quarterly dividend of $0.04. Nokia's dividend payout ratio (DPR) is currently 56.25%.

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.

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