$KTN (+1,12 %) Kontron slumps by up to -23% in early trading. So far, it is impossible to make any sense of this in trading. There is no news. Everyone is wondering what is going on?

Source: Dow Jones Newswire

The DZ Bank analysts have drawn up two lists of shares that they consider to be particularly attractive. For more defensive investors and for investors who rely on continuous cash flows, they recommend the so-called "dividend aristocrats": In other words, companies that have regularly paid and raised dividends.

Top dividend aristocrats:

Pfizer $PFE (+0,13 %), Verizon $VZ (-0,3 %), BNP Paribas $BNP (+0,64 %)Zurich Insurance $ZURN (+0,79 %), Enel $ENEL (+0,36 %), Sanofi $SAN (+1,73 %), Hannover Re $HNR1 (-0,12 %) , Man and Machine $MUM (+0,37 %), Generali $G (+0,13 %) and Allianz $ALV (+0,71 %)

Another list has been compiled for investors with a somewhat higher risk appetite: Stocks with attractive dividend yields and additional share price potential. These not only pay a good dividend of at least three percent, but could also increase significantly in price in the future. However, the continuity of dividends in the past plays a lesser role - and this strategy is correspondingly riskier.

Top dividend rockets:

Man and machine $MUM (+0,37 %) , Cancom $COK (+0,95 %), Bastei Lübbe $BST (-0,45 %), Sixt $SIX2 (+0,32 %), Kontron $KTN (+1,12 %), Fresenius Medical Care $FME (-0,21 %), Vonovia $VNA (+0,38 %), Hawesko $HAW (-0,25 %), ElringKlinger $ZIL2 (+0 %) and Hannover Re $HNR1 (-0,12 %)

Source text (excerpt) & graphic: World | AAA, 19.02.2026

$KTN (+1,12 %)

Kontron AG is investing extensively in state-of-the-art injection molding machines at its Leipzig site, thereby strengthening its production capacities for high-quality applications in industrial electronics, medical technology, energy technology and automotive technology.

With the expansion of highly automated production and the introduction of the in-mold decoration process, Kontron is expanding its vertical integration and positioning itself as a high-performance partner for sophisticated plastic components within the Electronics² network.

Asset manager and fund manager Hendrik Leber is the founder of the asset management company Acatis Investment. With around ten billion euros in client assets, the company is one of the largest in its field.

In an interview with Handelsblatt, he spoke about the danger of a speculative bubble and the problem of inexperienced investors.

Here are some excerpts from the interview.

"The arrogance of inexperienced investors has increased significantly. For me, this is a good indicator that we are currently experiencing the peak of the boom," he says. Accordingly, Leber is preparing for the next phase.

He has acquired shares in technology companies such as Nvidia $NVDA (+0,26 %) and Palantir $PLTR (+1,26 %) reduced. Instead, he is focusing more on "boring companies", says Leber. "There are a whole series of companies whose price/earnings ratio has halved, from around 30 to 15, even though the business is still going strong. They are just no longer popular on the stock market," he clarifies. This could soon change, and he wants to profit from this.

He still believes in Bitcoin $BTC (+1,48 %) he continues to believe. Leber has been invested in the largest and oldest digital currency since 2016 and expects further price increases. "I don't have a specific price target for the coming year," says Leber, "but 300,000 dollars is realistic in the medium term."

Which "boring" companies does he like?

"Zoetis veterinary medicine $ZTS (+0,43 %) is one such case. Fiserv $FI (+0,78 %)a payment service provider, too. My favorite from Japan, Sysmex $6869 (-2,01 %)is one of them. They make blood analysis devices. Of course, US President Trump's tariffs have also had an impact. And in Europe, we like the boring SMEs. I'm thinking of Kontron $KTN (+1,12 %) in Austria. And the bottling plant manufacturer Krones $KRN (+0,09 %). It has a P/E ratio of less than 15 - and the company is the global market leader in its field. I think that's great, but the stock market isn't looking."

He continues: "We have been invested in Nvidia for nine years and in Palantir for three years. But the people who are getting in now because they think the stock market only goes up - they remind me of the investors in 2000 ..." ... when the dotcom bubble burst.

"I called it the 'housewife rally' back then. Because a housewife had explained to me at the time that she was making much more money on the stock market than her husband, who was an expensive consultant. I received a lot of criticism for this term at the time. But the principle back then is similar to today: many investors have never experienced the real impact of a prolonged crash. Until now, investors have always been able to rely on the central banks to quickly stabilize prices after a slump. If that doesn't happen, it will be salutary for many people. It clears the market of the bad players."

Where does the investor still see signs of a speculative bubble today?

"These cross-investments - such as when Nvidia invests in OpenAI and OpenAI in turn buys Nvidia's chips - are a warning signal for me. Highly specialized cloud providers - called neo clouds - such as Coreweave $CRWV (+1,39 %) are among them. They are often highly indebted and invest heavily in hardware that could be obsolete in just a few years."

Source text (excerpt): Handelsblatt, 17.11.2025 / Graphic: Acatis Investment

$KTN (+1,12 %)

Spectacular share price capers, short attacks and insider buying. A battle for investor confidence is raging behind the scenes.

A targeted attack?

In recent months, the Kontron-Aktiehas experienced a boom. Since the end of 2024, the share price has risen from below 16 to 29 euros, an increase of around 80 %.

But the path has been anything but straightforward. There have been repeated price fluctuations.

The most recent fall in the share price was triggered when it became known that several hedge funds had opened short positions.

According to the Federal Gazette, four hedge funds are short.

In my view, however, the timing is much more interesting. As luck would have it, the news about the short positions came at almost the same time as the news that Goldman Sachshas reduced its stake in Kontron.

I would never say that, of course, but a targeted attack would not look any different.

It is equally possible that the hedge funds simply knew in advance that Goldman would reduce its stake and took advantage of the moment of weakness.

Insiders strike

The Executive Board reacted to the situation with aplomb and presented preliminary quarterly figures in order to counteract the "fundamentally unfounded price slide" and "prevent market speculation".

As the final figures are now also available, we will skip the preliminary figures and take a closer look at the Quartalsbericht later in the article.

However, the preliminary figures were not the only confidence-building measure. On October 28, the CEO and major shareholder bought over EUR 100,000 of Kontron shares at a price of EUR 23.12. Aktienfrom Kontron.

CFO Billek struck at a price of 23.10 euros and bought 2,000 shares for just over 46,000 euros.

Subsequently, Ennoconn International Investment Co., which is associated with the Supervisory Board member Chu, acquired 30,000 shares with a total value of EUR 662,400 in one go at a price of EUR 22.08 per share.

Some hedge funds and Goldman seem skeptical, but the insiders are not.

Strategic realignment bears fruit

The business figures show why this is the case. As Kontron has sold the COM business, which generated annual sales of around EUR 100 million, consolidated sales in the first nine months are virtually unchanged at EUR 1.18 billion.

However, profitability has improved significantly. Consolidated net profit rose from 62.3 to 110.8 euros. Earnings per share climbed from EUR 1.01 to EUR 1.80.

The order backlog has increased massively from 2.08 to 2.44 billion euros since the turn of the year. The order books are therefore full to bursting, which suggests that growth will continue.

The value of the project pipeline has even risen from EUR 6.64 billion to EUR 7.80 billion.

The company's strategic realignment appears to be paying off:

Kontron sold the majority of its IT business to Axians in 2022. At that time, three IT companies with a turnover of EUR 220 million remained in Hungary, Romania and Austria. 70 million in IT business has since been terminated.

The disposal of the COM business and the reduction in IT activities resulted in a loss of around EUR 170 million in revenue. A further sale of IT activities is being planned.

At the same time, however, the gross margin increased from 34.7% in 2022 to 41.7% in Q3 2025. In the same period, the EBITDA from EUR 70 million in 2022 to EUR 220 million (operational without special effect). The focus is paying off.

Massive jump in profits this year

The earnings forecast for the current financial year has been confirmed. Kontron continues to forecast an operating EBITDA of more than EUR 220 million, plus one-off positive special effects of EUR 46 million from the sale of COM.

Accordingly, Kontron is forecasting a jump in earnings from EUR 1.47 to around EUR 2.47 per share for the current financial year.

The P/E ratio is therefore 9.3.

In addition, the company believes it is well positioned to continue its growth and profitability in the coming year.

The reported earnings per share could nevertheless remain flat, as the positive one-off effect from the sale of COM will no longer apply.

This may also be one of the reasons for the short attack on the share. If the reported profit falls in the next financial year, this can easily be used for negative headlines - even if the operating result rises at the same time.

Therefore, a rising Dividendeexpected. The distribution for 2025 could rise from EUR 0.60 to EUR 0.83 per share, which corresponds to an increase Dividendenrendite of 3.63 %

Kontron share: Chart from 12.11.2025, price: EUR 22.82 - symbol: KTN | Source: TWS

From a technical perspective, the sell-off was of secondary importance. The share did not return to the Abwärtstrend but bounced back and then rose above EUR 22.50 again.

This gives the bulls the advantage again. Starting from this base, a rise towards EUR 24 or 25 could occur at any time. Above this level, a Kaufsignalwould be triggered.

However, if the share falls below EUR 22.50, a renewed setback to EUR 21 must be expected. However, things only become really problematic below EUR 20.

Source

https://www.lynxbroker.de/boerse/boerse-kurse/aktien/kontron-aktie/kontron-analyse/?a=3355991664&utm_medium=email&utm_source=newsletter&utm_campaign=newsletter-boersenblick&newsletter=true&mc-rss-cache-bypass=2025111307&goal=0_d93daae099-da62430f0f-410756260#kontron-kampf-zwischen-hedgefonds-und-insidern

$KTN (+1,12 %)

• Sales: EUR 1,181.9 million compared to EUR 1,207.7 million in the previous year.

• EBITDA: EUR 193.6 million (previous year: EUR 141.4 million), including a one-off effect of around EUR 46 million.

• Operating EBITDA margin: approx. 12.5% (previous year: 11.7%).

• Consolidated net profit after minority interests: EUR 110.8 million (previous year: EUR 62.3 million), equivalent to approx. EUR 1.80 per share (previous year: EUR 1.01).

• Operating cash flow after 9 months: EUR 49.7 million (previous year: only EUR 2.8 million).

• Order backlog as at 30.09.2025: EUR 2,444 million (as at 31.12.2024: EUR 2,078 million).

• Book-to-bill ratio: 1.31 (previous year: 1.19) in the 9-month period.

Outlook

• The outlook for the 2025 financial year remains fundamentally confirmed.

• It is emphasized that the strategy of focusing on high-margin IoT solutions is progressing successfully.

Position opened. A buy today for the first time in a long time. Currently 2% of the portfolio, to be built up to 5%. In the long term, I don't think this is a bad entry price.

Does anyone have an explanation for Kontron's current share price performance?

$KTN (+1,12 %)

$UBER (+0,6 %)
$KTN (+1,12 %)
$ZAL (-2,04 %)
$LNZ (+3,96 %) a look at 3 current and one potential new swing trade👓

$UBER (+0,6 %) As posted a few days ago, this week the resistance at the deviation2 of the VWAP was once again too strong, BUT a former resistance showed up as support at the end of the week. That would be a good basis for another attempt in the next trading week. It remains exciting😁

$KTN (+1,12 %) Similar to Uber, Kontron also failed at a technical resistance zone in the course of the trading week. However, a former resistance zone also proved to be support for Kontron at the end of the week. Here, too, a renewed rise could test the resistance upwards and run through to the divergence2 of the VWAP. This divergence2 has been proving to be resistance all year and could not be broken sustainably.

$ZAL (-2,04 %) is also struggling, but a whole "floor" below it😅. The first lower divergence of the VWAP has been a battle zone for Zalando since June. At least a support from June held at the end of the week. Take profit targets remain in place. I currently see the downside risk limited at the divergence2. I.e. my SL is only below this zone.

$LNZ (+3,96 %) With Lenzing I am again waiting for an entry. When deviation1 is reached, where there is also a HighVolumeNode, I am back in with a first position💰

#trading