West Tower Group LLC Purchases New Stake in Nokia Corporation $NOK

West Tower Group LLC purchased a new stake in shares of Nokia Corporation (NYSE:NOK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 40,000 shares of the technology company’s stock, valued at approximately $259,000.

Other institutional investors have also added to or reduced their stakes in the company. QRG Capital Management Inc. raised its holdings in Nokia by 34.6% in the 4th quarter. QRG Capital Management Inc. now owns 539,926 shares of the technology company’s stock worth $3,493,000 after purchasing an additional 138,935 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in Nokia in the 3rd quarter worth $4,595,000. Penserra Capital Management LLC raised its holdings in Nokia by 38.0% in the 3rd quarter. Penserra Capital Management LLC now owns 7,760,500 shares of the technology company’s stock worth $37,328,000 after purchasing an additional 2,136,545 shares in the last quarter. Polar Asset Management Partners Inc. bought a new position in Nokia in the 3rd quarter worth $11,910,000. Finally, Thrivent Financial for Lutherans raised its holdings in Nokia by 35,010.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 12,655,143 shares of the technology company’s stock worth $60,871,000 after purchasing an additional 12,619,099 shares in the last quarter. 5.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on NOK. Bank of America upgraded shares of Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price objective for the company in a report on Monday, April 13th. The Goldman Sachs Group upgraded shares of Nokia from a “sell” rating to a “neutral” rating in a report on Monday, March 30th. Citigroup restated a “sell” rating on shares of Nokia in a report on Friday, January 23rd. Nordea Equity Research upgraded shares of Nokia from a “hold” rating to a “buy” rating in a research note on Friday, April 24th. Finally, Danske lowered shares of Nokia from a “buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Twelve analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $9.71.

Nokia Trading Down 5.3%

Nokia stock opened at $13.19 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.36 and a debt-to-equity ratio of 0.11. The business’s fifty day simple moving average is $9.60 and its two-hundred day simple moving average is $7.70. Nokia Corporation has a 12 month low of $4.00 and a 12 month high of $14.05. The company has a market capitalization of $75.71 billion, a price-to-earnings ratio of 82.41, a price-to-earnings-growth ratio of 2.69 and a beta of 1.12.

Nokia (NYSE:NOK) last released its earnings results on Tuesday, March 31st. The technology company reported $0.06 EPS for the quarter. The business had revenue of $5.21 billion for the quarter. Nokia had a return on equity of 9.22% and a net margin of 4.02%. As a group, equities analysts predict that Nokia Corporation will post 0.4 earnings per share for the current fiscal year.

Nokia Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 12th. Shareholders of record on Tuesday, April 28th were paid a dividend of $0.0468 per share. The ex-dividend date was Tuesday, April 28th. This represents a $0.19 dividend on an annualized basis and a yield of 1.4%. This is an increase from Nokia’s previous quarterly dividend of $0.04. Nokia’s dividend payout ratio (DPR) is 81.25%.

Trending Headlines about Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia won a UK appeal that blocks Acer and Asus from pursuing London video-streaming patent lawsuits, easing a key legal overhang in a global licensing dispute and potentially strengthening Nokia’s bargaining position. Nokia wins UK appeal to block Acer, Asus video streaming patent lawsuits
• Positive Sentiment: Nokia launched new agentic AI capabilities for home and broadband networks, which it says can improve end-user experience, boost efficiency, and speed deployments; this reinforces the company’s growth narrative around AI-enabled telecom infrastructure. Nokia launches agentic AI for home and broadband networks
• Positive Sentiment: Multiple follow-up articles highlighted Nokia’s move into a “cognitive broadband” era with agentic AI tools, adding investor interest in the company’s AI strategy and its ability to monetize network software and automation. Nokia enters cognitive broadband era with agentic AI capabilities
• Positive Sentiment: Coverage also pointed to renewed trader optimism around Nokia’s defense networking push and a Lockheed Martin-related deal narrative, which is helping sentiment around future revenue opportunities. Is Nokia A Buy? Analyzing The Lockheed Martin Deal And Q4 2026 Outlook
• Neutral Sentiment: An analyst note and a separate value-focused article added to the debate over Nokia’s AI-driven upside and current valuation, but these pieces are more commentary than new company-specific catalysts. Analyst sees Nokia as AI-fueled buy despite meme stock buzz
• Neutral Sentiment: Nokia’s inclusion in OneLayer’s technology alliance program may support its private 5G positioning, but the announcement is indirect and does not appear to be a major near-term stock catalyst. OneLayer Launches Technology Alliance Program to Advance Secure Private Cellular Adoption

About Nokia

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.