QRG Capital Management Inc. Buys 138,935 Shares of Nokia Corporation $NOK

QRG Capital Management Inc. raised its position in shares of Nokia Corporation (NYSE:NOK - Free Report) by 34.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 539,926 shares of the technology company's stock after acquiring an additional 138,935 shares during the quarter. QRG Capital Management Inc.'s holdings in Nokia were worth $3,493,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp boosted its position in shares of Nokia by 248.7% during the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company's stock valued at $25,000 after purchasing an additional 2,721 shares in the last quarter. FNY Investment Advisers LLC lifted its position in Nokia by 33,457.1% during the fourth quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company's stock valued at $30,000 after buying an additional 4,684 shares during the period. Dorato Capital Management bought a new stake in shares of Nokia during the 4th quarter valued at $31,000. Wexford Capital LP bought a new stake in shares of Nokia during the 3rd quarter valued at $29,000. Finally, Spire Wealth Management grew its position in shares of Nokia by 239.6% in the 4th quarter. Spire Wealth Management now owns 6,242 shares of the technology company's stock worth $40,000 after buying an additional 4,404 shares during the period. Hedge funds and other institutional investors own 5.28% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Citigroup reissued a "sell" rating on shares of Nokia in a research report on Friday, January 23rd. Santander raised shares of Nokia from a "neutral" rating to an "outperform" rating in a research note on Monday, February 2nd. Morgan Stanley reiterated an "overweight" rating on shares of Nokia in a report on Tuesday, April 28th. Danske downgraded Nokia from a "buy" rating to a "hold" rating in a research note on Tuesday, February 24th. Finally, Bank of America raised Nokia from a "neutral" rating to a "buy" rating and set a $12.40 price objective for the company in a research report on Monday, April 13th. Twelve equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Nokia presently has an average rating of "Moderate Buy" and a consensus target price of $9.71.

Nokia Stock Performance

Shares of NOK stock opened at $13.20 on Thursday. The company has a market capitalization of $75.77 billion, a price-to-earnings ratio of 82.47, a price-to-earnings-growth ratio of 2.60 and a beta of 1.12. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.36 and a current ratio of 1.58. Nokia Corporation has a one year low of $4.00 and a one year high of $13.98. The company's 50-day moving average is $9.16 and its 200 day moving average is $7.49.

Nokia (NYSE:NOK - Get Free Report) last issued its earnings results on Tuesday, March 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter. Nokia had a net margin of 4.02% and a return on equity of 9.22%. The firm had revenue of $5.21 billion for the quarter. Sell-side analysts expect that Nokia Corporation will post 0.4 EPS for the current fiscal year.

Nokia Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 12th. Shareholders of record on Tuesday, April 28th will be paid a dividend of $0.0468 per share. The ex-dividend date is Tuesday, April 28th. This represents a $0.19 annualized dividend and a yield of 1.4%. This is a positive change from Nokia's previous quarterly dividend of $0.04. Nokia's dividend payout ratio (DPR) is 81.25%.

Nokia News Roundup

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Optical networking seen as a major growth driver from AI data‑center buildouts; analyst note argues data‑center networking could be ~40% of revenue by 2028 and justify a higher valuation—this is a structural upside catalyst. Nokia's Optical Networking Business Is A Solid Investment Catalyst
• Positive Sentiment: Nokia Federal Solutions and Lockheed Martin launched a modular, open‑architecture mission‑critical 5G solution for U.S. defense customers — expands addressable market in government/defense and supports recurring revenue potential. Nokia and Lockheed Martin partner on DoD 5G service
• Positive Sentiment: Unusual options activity: large blocks of call buying (≈431k calls, ~311% above average) signal some traders are positioned for further upside or corporate news. This can amplify intraday volatility and short‑term bullish flows. (no external link)
• Neutral Sentiment: Nokia is listed among licensors joining Sisvel’s POS patent pool, keeping its 2G–5G IP available for pooled licensing—potential steady licensing income but timing/scale unclear. Datang Mobile, KPN, NEC and Wilus are Latest Licensors to Join Sisvel POS Patent Pool as Incentive Deadline Nears
• Negative Sentiment: Shares pulled back after a seven‑day rally — headlines point to profit‑taking following sharp gains, which is pressuring the stock in the near term. Nokia breaks seven-day rally; shares fall
• Negative Sentiment: Coverage notes “Nokia finally slows down after a huge run” — traders trimming positions after rapid appreciation increases downside risk until momentum stabilizes. Nokia finally slows down after a huge run
• Negative Sentiment: Nokia’s exit from FWA highlighted as a rapid portfolio purge that instantly benefits competitors (Inseego), suggesting management is reshaping the business but creating short‑term disruption and revenue loss in the consumer/edge segment. Nokia’s FWA exit shows urgency of portfolio purge – and makes Inseego a global player overnight

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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