Sanctuary Advisors LLC Acquires 60,992 Shares of Nokia Corporation $NOK

Sanctuary Advisors LLC raised its holdings in Nokia Corporation (NYSE:NOK) by 230.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,460 shares of the technology company’s stock after purchasing an additional 60,992 shares during the period. Sanctuary Advisors LLC’s holdings in Nokia were worth $703,000 at the end of the most recent reporting period.

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

Nokia Trading Down 0.3%

Shares of NOK stock opened at $9.07 on Monday. 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 52-week low of $4.00 and a 52-week high of $17.45. The company has a market capitalization of $52.11 billion, a PE ratio of 64.81, a price-to-earnings-growth ratio of 1.04 and a beta of 1.17. The business’s fifty day moving average is $13.37 and its 200 day moving average is $10.29.

Nokia (NYSE:NOK) last posted its earnings results on Thursday, July 23rd. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. Nokia had a return on equity of 9.83% and a net margin of 3.49%.The business had revenue of $5.50 billion during the quarter, compared to analysts’ expectations of $5.57 billion. During the same period in the previous year, the business earned $0.04 earnings per share. The firm’s revenue was up 8.4% on a year-over-year basis. On average, equities research analysts anticipate that Nokia Corporation will post 0.41 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wall Street Zen lowered Nokia from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Barclays restated an “underweight” rating on shares of Nokia in a research note on Wednesday, April 29th. Argus raised Nokia from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Monday, April 27th. Bank of America raised shares of Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price target on the stock in a report on Monday, April 13th. Finally, The Goldman Sachs Group upgraded shares of Nokia from a “sell” rating to a “neutral” rating in a research report on Monday, March 30th. Thirteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $12.57.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Nokia’s Q2 results beat profit estimates, with comparable operating profit rising on strong demand from AI and cloud customers, while network infrastructure sales and margins improved. Reuters: Nokia Q2 profit beat on AI demand
• Positive Sentiment: AI-related demand was a standout, with Nokia saying AI/cloud order intake reached about €2.8 billion and AI/cloud sales more than doubled year over year, reinforcing the long-term growth case. Yahoo Finance: Nokia says AI, cloud boosted sales in second quarter
• Positive Sentiment: Nokia raised its full-year profit outlook and gave a Q3 revenue range that was roughly in line with expectations, which may support confidence in management’s view that AI infrastructure demand can offset legacy telecom weakness. Invezz: Nokia raises profit outlook as AI and cloud demand boost results
• Neutral Sentiment: Management and follow-up coverage continue to frame Nokia as a longer-term AI networking and cloud infrastructure beneficiary, but those themes are more about the investment thesis than an immediate catalyst. Yahoo Finance: How Nokia is Positioning Itself for Long-Term Growth in AI Networking
• Negative Sentiment: The stock has fallen to its lowest close since April, suggesting traders are selling into strength or reacting to concerns that the earnings beat does not fully erase broader slowdown worries. BeInCrypto: Nokia Crushed Earnings — and Dropped to Its Lowest Close Since April
• Negative Sentiment: Some articles highlight that telecom spending remains uneven and restructuring charges or supply-chain constraints are still weighing on results, which could limit how quickly AI growth translates into sustained earnings momentum. Yahoo Finance: Nokia Oyj (NOK) Q2 2026 Earnings Call Highlights

Nokia 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.