Generate Investment Management Ltd Acquires New Holdings in Nokia Corporation $NOK

Key Points

• Generate Investment Management Ltd acquired 1.24 million Nokia shares in the third quarter, valued at approximately $12.6 million. Other institutional investors also increased their positions, though institutions and hedge funds collectively own 5.28% of Nokia.
• Nokia shares fell 3.5% to $9.52, well below their 50-day and 200-day moving averages. The company recently beat quarterly EPS estimates ($0.08 versus $0.07), while revenue rose 8.4% year over year to $5.50 billion but missed analyst expectations.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $13.57. Potential catalysts include AI-related networking demand, IP Networks growth, asset sales and the planned divestiture of its Enterprise Campus Edge business.

Generate Investment Management Ltd acquired a new stake in Nokia Corporation (NYSE:NOK - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,243,842 shares of the technology company's stock, valued at approximately $12,613,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of NOK. ARGA Investment Management LP increased its position in shares of Nokia by 166.4% during 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 purchasing an additional 12,734,021 shares during the last quarter. Renaissance Technologies LLC lifted its position in Nokia by 131.3% in the first quarter. Renaissance Technologies LLC now owns 13,294,780 shares of the technology company's stock worth $106,890,000 after buying an additional 7,546,000 shares during the last quarter. Troluce Capital Advisors LLC purchased a new position in Nokia during the first quarter worth $20,100,000. TSP Capital Management Group LLC increased its position in Nokia by 1.2% during the first quarter. TSP Capital Management Group LLC now owns 2,495,192 shares of the technology company's stock valued at $20,061,000 after acquiring an additional 28,600 shares during the last quarter. Finally, Atreides Management LP bought a new position in Nokia during the first quarter valued at $19,955,000. Hedge funds and other institutional investors own 5.28% of the company's stock.

Nokia Trading Down 3.5%

Shares of NYSE:NOK traded down $0.34 during trading on Wednesday, reaching $9.52. 43,723,359 shares of the company were exchanged, compared to its average volume of 80,499,133. The firm has a market capitalization of $54.64 billion, a PE ratio of 68.09, a P/E/G ratio of 1.18 and a beta of 1.19. The business's fifty day simple moving average is $10.25 and its 200-day simple moving average is $11.42. Nokia Corporation has a 12-month low of $5.45 and a 12-month high of $17.45. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.50 and a quick ratio of 1.22.

Nokia (NYSE:NOK - Get Free Report) last announced its quarterly 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 9.83% and a net margin of 3.49%. The firm had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.57 billion. During the same quarter in the previous year, the business earned $0.04 earnings per share. Nokia's quarterly revenue was up 8.4% on a year-over-year basis. On average, research analysts anticipate that Nokia Corporation will post 0.39 EPS for the current year.

Key Nokia News

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia introduced a multi-PON line card supporting 50G, 25G and 10G connectivity, with speeds of up to 50Gbps, lower latency and quantum-safe security. The product could help telecom operators expand fiber capacity for AI-related traffic while limiting the need for costly network overhauls. Nokia adds 50G PON to its multi-PON line card
• Positive Sentiment: Analysts point to potential catalysts including growth in Nokia’s IP Networks business, additional sales of non-core assets and the rollout of AI-RAN solutions with major telecom customers. These initiatives could improve Nokia’s strategic focus and support longer-term profit growth.
• Positive Sentiment: Nokia agreed to sell its Enterprise Campus Edge business to private-equity firm AURELIUS, with closing expected in the first half of 2027. Although the unit provides private wireless and edge solutions, the divestiture supports Nokia’s portfolio simplification and allows capital to be concentrated on businesses where it sees stronger differentiation. Nokia sells Enterprise Campus Edge business to Aurelius
• Neutral Sentiment: Nokia’s upcoming third-quarter report is the key near-term catalyst. Investors will focus on whether AI and cloud-related demand is improving revenue, margins and cash generation, while also assessing the effect of restructuring and recent asset sales. NOK Gears Up to Report Q3 Earnings
• Negative Sentiment: After rising more than 50% over the past year on AI-infrastructure enthusiasm, Nokia shares have begun giving back some gains. The stock’s premium valuation leaves less room for disappointing results, particularly if the company cannot convert AI-related demand into sustained profitability.
• Negative Sentiment: The Enterprise Campus Edge divestiture initially weighed on sentiment because it removes a business from Nokia’s revenue base and adds uncertainty about the company’s earnings mix before the transaction closes. Investors are also cautious amid broader telecom-sector weakness and profit-taking ahead of earnings.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on NOK shares. Jefferies Financial Group restated a "buy" rating on shares of Nokia in a report on Tuesday, September 29th. JPMorgan Chase & Co. reiterated a "buy" rating on shares of Nokia in a report on Tuesday, August 18th. Rosenblatt Securities began coverage on shares of Nokia in a report on Tuesday, September 15th. They set a "buy" rating and a $15.00 price target on the stock. B. Riley Financial started coverage on shares of Nokia in a research report on Thursday, September 17th. They issued a "buy" rating and a $15.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Nokia in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $13.57.

About Nokia

Nokia Oyj is a Finland-based technology company that develops and supplies communications networking equipment, software and related services. Its offerings support mobile and fixed broadband networks, including radio access networks, core networks, fiber and other fixed-access technologies, IP routing, optical networking, private wireless systems, cloud networking and network automation.

The company serves telecommunications operators, governments, enterprises and other organizations worldwide.

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