Pzena Investment Management Reduces $372M in Nokia Oyj ($NOK)

Key Points

  • Pzena Investment Management changed its Nokia Oyj ($NOK) stake by 31.02% last quarter, cutting to 63,425,518 shares worth $826.43 million.
  • Wall Street's consensus rating on $NOK is Buy and an average price target of $15.02.
  • $NOK last traded around $13.03.

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Pzena Investment Management reduced its position in Nokia Oyj ($NOK) by 31.02% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,425,518 shares of Nokia Oyj after selling 28,516,989 shares during the quarter. Pzena Investment Management's holdings in Nokia Oyj were worth $826.43 million as of its most recent filing.

Nokia Oyj Stock Up 27.6%

Shares of Nokia Oyj ($NOK) traded around $13.03 on Saturday, up 27.6% for the day.

Last price$13.03
Market cap$56.77B
P/E ratio72.43
Forward P/E20.41
PEG ratio1.02
Beta0.76
52-week low$4.23
52-week high$17.45
50-day MA$10.86
200-day MA$9.54
Current ratio1.50
Quick ratio1.22
Debt-to-equity0.16

Nokia Oyj Earnings

EPS (ttm)$0.14
Revenue (ttm)$20.39B
Revenue growth8.40%
Net margin3.47%
Return on equity3.45%
Next earningsOct 22, 2026

Nokia Oyj Dividend

Annual dividend$0.16
Dividend yield160%
Payout ratio117.50%
Ex-dividend dateJul 28, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$15.02
High target$21
Low target$8.50
Analysts covering9

About Nokia Oyj

Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper technologies, access infrastructure, in-home Wi-Fi solutions, and cloud and virtualization services; IP network solutions, which delivers IP edge routing and data center networking solutions for residential, mobile, enterprise, and cloud applications; and optical networks solutions, which provides optical transport networks for metro, regional, and long-haul applications. It also provides mobile technology products and services for radio access networks and microwave radio links for transport networks; and network management solutions, as well as network planning, optimization, network deployment, and technical support services. In addition, the company offers cloud and network services, including open, secure, automated, and scalable software and solutions; and 5G core, secure autonomous networks, private wireless and industrial edge, and network APIs. Further, it licenses intellectual property, including patents, technologies, and the Nokia brand. The company serves its products and services to defense communications energy and resources, enterprise and industrial campus, private networks, public sector, and transportation industries. Nokia Oyj was founded in 1865 and is headquartered in Espoo, Finland.

ExchangeNYSE
SectorTechnology
IndustryCommunication Equipment
HeadquartersEspoo, Finland
CEOMr. Justin Hotard
Employees78,005

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