SCHEDULE: FMR LLC Discloses 5.2% Stake in Nokia Corp

FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 5.2% of Nokia Corp's common stock as of June 30, 2026.

Summary

• FMR LLC and Abigail P. Johnson, through various subsidiaries and entities, collectively beneficially own 300,313,476.72 shares of Nokia Corp common stock.
• This represents 5.2% of the total outstanding common stock of Nokia Corp as of June 30, 2026.
• FMR LLC is classified as a holding company, and Abigail P. Johnson is identified as an individual investor.
• The filing indicates that no single other person's interest in Nokia Corp's common stock exceeds five percent.
• The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, reflecting a significant but not dominant ownership stake by FMR LLC and Abigail P. Johnson in Nokia Corp.

Positives

• FMR LLC and Abigail P. Johnson hold a substantial beneficial ownership stake of 5.2% in Nokia Corp.
• The filing confirms that no other single entity holds more than 5% of Nokia Corp's common stock, suggesting a diversified ownership base.
• The reporting persons affirm that their holdings are for ordinary course of business purposes, not for control manipulation.

Negatives

• The filing does not provide specific details on the acquisition cost or strategy behind this significant stake.
• While a 5.2% stake is substantial, it does not represent a controlling interest, limiting immediate influence on corporate decisions.

Risks

• Potential for increased market activity or influence from FMR LLC and Abigail P. Johnson given their significant stake.
• Changes in FMR LLC's or Abigail P. Johnson's investment strategy could lead to significant buying or selling pressure on Nokia Corp's stock.

Future Outlook

This filing is primarily a disclosure of current ownership and does not contain forward-looking statements or specific future guidance from Nokia Corp. The future outlook for Nokia Corp would be detailed in their own financial reports.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Industry Context

StockSavvy.ai notes that significant institutional ownership, as disclosed in Schedule 13G filings, is common in the telecommunications sector. Nokia Corp, as a major player, attracts substantial investment from entities like FMR LLC.

Stakeholder Impact

• Shareholders: The significant stake held by FMR LLC and Abigail P. Johnson may influence market perception and trading activity.
• Management: The reporting persons' affirmation of ordinary course of business holdings suggests no immediate intent to challenge current management or control.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to hold their shares in Nokia Corp.
• Future filings will be made if their beneficial ownership percentage changes significantly.

Key Dates

Keywords

Nokia Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Holding, Securities Exchange Act