SCHEDULE: FMR LLC Discloses 6.2% Stake in Nokia Corp

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 358,523,343.42 shares of Nokia Corp's common stock, representing 6.2% of the class, as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Nokia Corp's common stock.
• The filing reports a total of 358,523,343.42 shares owned, which constitutes 6.2% of the total outstanding shares.
• This ownership level signifies a significant passive investment in Nokia Corp.
• The reporting persons have sole dispositive power over these shares.
• The filing is made under Rule 13d-1(b), indicating FMR LLC is an investment adviser.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It represents a significant passive investment but does not provide new operational or strategic information about Nokia Corp itself.

Positives

• FMR LLC, a significant investment management firm, holds a substantial stake in Nokia Corp, suggesting confidence in the company's long-term prospects.
• The reporting of sole dispositive power indicates clear control over the investment decisions related to these shares.

Negatives

• The filing does not contain any negative financial or operational information about Nokia Corp, as it is a disclosure of beneficial ownership.
• No specific details are provided regarding the rationale behind the investment or any strategic intentions beyond passive ownership.

Risks

• As a Schedule 13G filing, it primarily discloses ownership and does not inherently detail specific risks related to Nokia Corp's operations.
• The risk for FMR LLC and Abigail P. Johnson lies in the potential market fluctuations and performance of Nokia Corp's stock, which could impact the value of their investment.

Future Outlook

This filing is a disclosure of current beneficial ownership as of a specific date and does not contain forward-looking statements or guidance from Nokia Corp. The future outlook for the investment depends on Nokia Corp's performance and market conditions.

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 or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a major investment management firm, indicates a significant passive stake in Nokia Corp. This aligns with broader trends of institutional investors holding substantial positions in established telecommunications companies.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's passive stake, which can be viewed as a sign of stability or confidence in the company's value.
• Management: The certification by FMR LLC and Abigail P. Johnson that the shares are not held for control purposes is a standard disclosure for passive investors.
• Creditors: No direct impact on creditors is indicated by this ownership disclosure.

Next Steps

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

Key Dates

Keywords

Nokia Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment, Securities Filing, Telecommunications