Wellington Management Group LLP Lowers Stake in Nokia Corporation $NOK

Posted by on Sep 6th, 2026

Wellington Management Group LLP lowered its holdings in shares of Nokia Corporation (NYSE:NOK – Free Report) by 27.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,703,411 shares of the technology company’s stock after selling 639,201 shares during the period. Wellington Management Group LLP’s holdings in Nokia were worth $22,621,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Analog Century Management LP purchased a new position in shares of Nokia during the fourth quarter valued at approximately $104,244,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Nokia by 50.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 43,424,695 shares of the technology company’s stock worth $208,873,000 after buying an additional 14,482,665 shares during the last quarter. ARGA Investment Management LP increased its position in 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 buying an additional 12,734,021 shares in the last quarter. Pzena Investment Management LLC raised its stake in Nokia by 14.5% during the fourth quarter. Pzena Investment Management LLC now owns 91,942,507 shares of the technology company’s stock valued at $594,868,000 after buying an additional 11,612,590 shares during the last quarter. Finally, Alyeska Investment Group L.P. boosted its holdings in Nokia by 171.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 17,490,101 shares of the technology company’s stock worth $113,161,000 after acquiring an additional 11,035,002 shares in the last quarter. Institutional investors own 5.28% of the company’s stock.

Nokia Stock Up 2.9%

Nokia stock opened at $10.05 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.22 and a current ratio of 1.50. Nokia Corporation has a one year low of $4.48 and a one year high of $17.45. The stock has a market cap of $57.71 billion, a PE ratio of 71.79, a price-to-earnings-growth ratio of 1.18 and a beta of 1.21. The stock has a fifty day moving average of $10.51 and a 200 day moving average of $10.92.

Nokia (NYSE:NOK – Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $5.57 billion. Nokia had a net margin of 3.49% and a return on equity of 9.83%. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.04 EPS. As a group, sell-side analysts predict that Nokia Corporation will post 0.39 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NOK. JPMorgan Chase & Co. raised their price target on Nokia from $14.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, June 12th. Northland Securities set a $20.00 price objective on shares of Nokia in a research report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Nokia in a research note on Friday, May 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nokia in a report on Tuesday, June 9th. Finally, Danske upgraded shares of Nokia from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Twelve analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Nokia has a consensus rating of “Moderate Buy” and a consensus price target of $13.83.

Read Our Latest Stock Analysis on Nokia

Nokia Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding NOK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nokia Corporation (NYSE:NOK – Free Report).

Institutional Ownership by Quarter for Nokia (NYSE:NOK)

Receive News & Ratings for Nokia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia and related companies with MarketBeat.com's FREE daily email newsletter.