Evergreen Capital Management LLC Increases Holdings in Nokia Corporation $NOK

Evergreen Capital Management LLC increased its holdings in shares of Nokia Corporation (NYSE:NOK) by 128.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,735 shares of the technology company’s stock after purchasing an additional 57,751 shares during the quarter. Evergreen Capital Management LLC’s holdings in Nokia were worth $665,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in NOK. FNY Investment Advisers LLC grew 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 buying an additional 4,684 shares in the last quarter. Dorato Capital Management purchased a new position in shares of Nokia in the fourth quarter worth $31,000. Wexford Capital LP bought a new position in shares of Nokia during the third quarter worth $29,000. Spire Wealth Management grew its stake in Nokia by 239.6% during the fourth quarter. Spire Wealth Management now owns 6,242 shares of the technology company’s stock valued at $40,000 after acquiring an additional 4,404 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Nokia during the third quarter valued at $34,000. 5.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NOK has been the topic of several research analyst reports. Northland Securities set a $13.00 price target on shares of Nokia in a research note on Monday. Nordea Equity Research upgraded Nokia from a “hold” rating to a “buy” rating in a research report on Friday. Citigroup reiterated a “sell” rating on shares of Nokia in a research report on Friday, January 23rd. Argus raised Nokia to a “hold” rating in a research note on Wednesday, February 11th. Finally, Bank of America upgraded Nokia from a “neutral” rating to a “buy” rating and set a $12.40 price target for the company in a report on Monday, April 13th. Ten research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $8.83.

Nokia Price Performance

Nokia stock opened at $10.45 on Friday. Nokia Corporation has a 52-week low of $4.00 and a 52-week high of $10.90. The company has a quick ratio of 1.36, a current ratio of 1.58 and a debt-to-equity ratio of 0.11. The firm’s fifty day moving average is $8.58 and its 200 day moving average is $7.17. The company has a market cap of $59.98 billion, a price-to-earnings ratio of 65.29, a PEG ratio of 1.87 and a beta of 0.77.

Nokia (NYSE:NOK) last posted its earnings results on Thursday, March 5th. The technology company reported $0.11 earnings per share for the quarter. Nokia had a net margin of 4.02% and a return on equity of 9.22%. The firm had revenue of $7.19 billion for the quarter. Sell-side analysts forecast that Nokia Corporation will post 0.4 EPS for the current fiscal year.

Nokia Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 12th. Shareholders of record on Tuesday, April 28th will be given a dividend of $0.0468 per share. This represents a $0.19 dividend on an annualized basis and a yield of 1.8%. This is a boost from Nokia’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, April 28th. Nokia’s dividend payout ratio (DPR) is currently 69.23%.

Key Headlines Impacting Nokia

Here are the key news stories impacting Nokia this week:

• Positive Sentiment: Q1 beat and profit jump — Nokia reported stronger-than-expected comparable operating profit (up ~54%) and booked ~€1B in AI/data‑center orders, driving revenue strength and investor enthusiasm. Article Title
• Positive Sentiment: AI & Optical Networks acceleration — Net sales from AI & Cloud customers jumped ~49% and Optical Networks grew ~20%; Nokia raised its Network Infrastructure sales outlook (now ~12–14% growth), signaling multi‑year tailwinds from hyperscaler demand. Article Title
• Positive Sentiment: Analyst upgrade — Northland lifted its price target (to $13 from $10), citing accelerating AI-related optical connectivity demand, which supports further upside sentiment. Article Title
• Positive Sentiment: Retail interest / re-rating — Retail traders piled into the stock after the AI-driven beat, helping push shares toward multi‑year highs and increasing momentum. Article Title
• Neutral Sentiment: Mixed headline numbers — EPS matched consensus ($0.06) while revenue was stronger on some metrics but mixed across segments; the quarter shows progress but not uniform beats. Article Title
• Neutral Sentiment: Guidance nuances — Nokia issued a Q2 revenue range (~$5.5–$5.7B) that sits around consensus but lacks clear EPS detail in the release, leaving some guidance uncertainty for near‑term estimates. Article Title
• Negative Sentiment: Short interest rose sharply — Short interest grew ~24% in April to ~68.2M shares; while days‑to‑cover is low (~0.7), the increase signals some investor skepticism and could pressure shares if negative news follows.
• Negative Sentiment: Supply and regional risks — Management flagged semiconductor supply and fixed‑network challenges, and warned Europe may lag the US/China on AI data‑center buildout, which could limit addressable market or margin expansion. Article Title

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.