Nokia Corporation $NOK Stock Holdings Increased by Public Employees Retirement System of Ohio

Posted by Brenda Bartman on Jul 30th, 2026

Public Employees Retirement System of Ohio lifted its holdings in Nokia Corporation (NYSE:NOK – Free Report) by 1,177.9% in the 1st quarter, HoldingsChannel reports. The firm owned 663,654 shares of the technology company’s stock after purchasing an additional 611,721 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Nokia were worth $5,336,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Fifth Third Bancorp lifted its holdings in Nokia by 248.7% in the fourth quarter. Fifth Third Bancorp now owns 3,815 shares of the technology company’s stock worth $25,000 after purchasing an additional 2,721 shares during the period. FNY Investment Advisers LLC raised its position in shares of Nokia by 33,457.1% during the 4th quarter. FNY Investment Advisers LLC now owns 4,698 shares of the technology company’s stock worth $30,000 after buying an additional 4,684 shares in the last quarter. Dorato Capital Management acquired a new stake in shares of Nokia in the 4th quarter worth approximately $31,000. Smithfield Trust Co acquired a new stake in shares of Nokia in the 4th quarter worth approximately $35,000. Finally, Wexford Capital LP bought a new position in shares of Nokia in the third quarter valued at approximately $29,000. 5.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on NOK shares. JPMorgan Chase & Co. boosted their target price on Nokia from $14.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, June 12th. Arete Research raised Nokia from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Argus raised Nokia from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Monday, April 27th. Barclays restated an “underweight” rating on shares of Nokia in a report on Wednesday, April 29th. Finally, Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Thirteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Nokia presently has a consensus rating of “Moderate Buy” and an average price target of $12.57.

Check Out Our Latest Stock Report on Nokia

Nokia Trading Down 5.9%

Shares of NOK opened at $8.40 on Thursday. The business’s 50-day moving average price is $13.08 and its 200 day moving average price is $10.34. 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 stock has a market capitalization of $48.23 billion, a P/E ratio of 60.00, a P/E/G ratio of 1.01 and a beta of 1.17. Nokia Corporation has a 1-year low of $4.00 and a 1-year high of $17.45.

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

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.