BERK34 news sentiment

Michael Burry Says 'Berkshire Hathaway Is No Longer Attractive'

This article first appeared on GuruFocus. Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) is facing fresh scrutiny from investor Michael Burry (Trades, Portfolio), who said the company no longer looks attractive after Greg Abel began putting more of its large cash reserves to work, according to an Aug. 10 post on X. Is BRK.A fairly valued? Test your thesis with our free DCF calculator. Burry said his concern was that Warren Buffett (Trades, Portfolio)'s successor would not show the same willingness to wait for compelling investment opportunities. He now believes that concern has emerged under Abe

Berkshire’s Precision Castparts Unit a Big Winner on Aircraft Industry Boom

Precision Castparts could be worth $60 billion to $75 billion, Barron’s estimates, well above Berkshire’s 2016 purchase price of $37 billion. Continue Reading

Apple, Sionna, AbCellera, Sandisk, SpaceX, Berkshire, and More Stocks That Explain Today’s Market

Apple fell 2% to $306.56. Jefferies downgraded shares to Underperform from Hold and slashed the price target to $263.66 from $285.56. Shares of Elon Musk’s rocket and artificial-intelligence company snapped a four-week losing run on Friday with a 16% surge following the end of a lockup period for shares. Continue Reading

Berkshire shares climb to highest level under Abel on strong results, new stakes

Investing.com -- Berkshire Hathaway Inc. shares were trading over 2.5% higher on Monday, reaching their highest level since legendary investor Warren Buffett announced his departure as chief executive in May 2025. The stock climbed as much as 3.3% earlier in the session after successor Greg Abel increased spending from the company's cash reserves and financial results exceeded analyst expectations. The Omaha, Nebraska-based conglomerate reduced its cash position to $364.7 billion on June 30 from a record $380.2 billion three months earlier, according to its quarterly report released on Saturday. Berkshire repurchased $4.5 billion of its own stock and bought $23.5 billion of other stocks during the second quarter. The purchases included a $10 billion investment in Alphabet Inc., the parent company of Google and YouTube. The company spent at least $10.1 billion more cash in July on stock buybacks and the acquisition of home builder Taylor Morrison. Second-quarter operating profit increased 16% to $12.98 billion. Gains from railroad, service and some insurance businesses offset rising accident claims and advertising spending at the Geico car insurer. Net income more than doubled to $25.67 billion, including paper gains on investments such as Alphabet and Apple Inc. Revenue grew 10% after more than two years of largely flat growth. Berkshire Class A shares last traded at current levels on May 2, 2025, the day before Buffett announced he was stepping down after 60 years as chief executive. Related articles Berkshire shares climb to highest level under Abel on strong results, new stakes Nvidia's new Alpamayo project: What it means for Tesla? Goldman expects lower but still attractive stock market returns in 2026 View Comments

Berkshire Hathaway Stock Nears Record. Wall Street Liked Its Earnings Report.

Berkshire Hathaway stock could have even more upside. Investors have been reacting favorably to some key aspects of the company’s second-quarter earnings report. Continue Reading

Why Is Berkshire Hathaway (BRK.B) Deploying Cash More Aggressively Under Greg Abel?

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Berkshire Hathaway (NYSE:BRK.B) under new CEO Greg Abel carried out its largest quarterly share repurchase since 2021, alongside major new equity investments. The company used a sizable portion of its cash reserves for substantial buybacks and fresh positions in stocks such as Alphabet. This capital deployment marks a clear shift from Berkshire Hathaway's prior pattern of net selling and more cautious use of cash. For readers looking to compare Berkshire Hathaway's capital decisions with other income focused opportunities, the next logical step is to review 8 dividend fortressesNYSE:BRK.B 1-Year Stock Price Chart Berkshire Hathaway sits at the center of the US large cap universe, with its Class B stock now trading at $521.8 and a multi year record of double digit total returns over 1 year, 3 years and 5 years. For readers, that mix of a high absolute share price and long term compounding history helps frame how meaningful any shift in capital use can be for overall portfolio impact. See which insiders are buying and buying and selling Berkshire Hathaway following this latest news. What actually changed in Berkshire Hathaway's capital playbook? Berkshire Hathaway shifted from sitting on its cash to putting it to work. Under Greg Abel, the company carried out about $4.5b of share buybacks and deployed roughly $31b into equities in the quarter, including around $10b into Alphabet and over $21b into other commercial and industrial stocks. Cash still stood at $365.5b, but that was down from nearly $400b as Berkshire became a net buyer of equities with close to $20b in net purchases. For you as an investor, the key change is that Berkshire is no longer just stockpiling cash. It is actively reallocating capital into its own shares and into large equity positions. What does this mean for the Berkshire Hathaway Narrative as an investor? The new capital approach sits alongside solid operating results, with operating earnings of about $13.0b in Q2 2026 and net earnings near $25.7b. Strength in energy, rail, manufacturing and retail helped offset weaker insurance results, including a 45% drop in Geico underwriting profit. For investors, Berkshire Hathaway is presenting a Narrative that combines sizeable retained earnings, ongoing investment in its operating businesses and a willingness to concentrate more capital in selected public stocks and buybacks when management sees that as attractive. What should investors watch next from Berkshire Hathaway? Story Continues The key reference points from here are the pace of capital deployment and the size of the cash pile. Watch how the $365.5b in cash changes over the next few quarters, especially the split between additional buybacks and new stock purchases versus holding more in short term securities. Any material move in quarterly share repurchases relative to the recent $4.5b level, or another single position on the scale of the $10b Alphabet investment, would show how committed Berkshire is to this more active capital use. For the full picture including more risks and rewards, check out the complete Berkshire Hathaway analysis. Alternatively, you can check out the community page for Berkshire Hathaway to see how other investors believe this latest news will impact the company's narrative. Stay updated on the most important news stories for Berkshire Hathaway by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Berkshire Hathaway. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused ana

Berkshire Earnings Were Good—Not Great. A Real Bright Spot Was This.

A highlight was the repurchase of $4.5 billion of shares in the second quarter. The figure was just $235 million in the first quarter Continue Reading

Berkshire breaks 14-quarter selling streak with $23.5B of stock buys — $10B went to 1 company at a private price

On June 2, Alphabet (NASDAQ:GOOGL) set the price on $18 billion of new stock it was selling to public investors, part of an $84.75 billion effort to raise money for its artificial intelligence buildout. Anyone who got shares in that sale paid $355.1982 apiece for the Class A stock. Berkshire Hathaway (NYSE:BRK.B) paid $351.81. The Google parent had agreed the day before to sell Warren Buffett's company $10 billion of stock in a private placement — Alphabet sold the shares straight to Berkshire instead of running them through the public offering. Berkshire paid $351.81 for $5 billion of Class A shares and $348.20 for $5 billion of Class C shares, which carry no voting rights and trade a few dollars cheaper, according to Alphabet's filings with the Securities and Exchange Commission. Public buyers in the sale running alongside it paid $355.1982 and $351.8018. The private sale closed June 4, the same day as the public one. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going Berkshire had owned Alphabet since the third quarter of 2025, and Alphabet described the placement as an addition to a stake Berkshire had been building since then. The gap is $3.39 and $3.60 a share. Across the roughly 28.6 million shares in the placement, it comes to about $100 million. That one transaction accounts for more than 40% of every dollar of stock Berkshire bought in the quarter. What Berkshire bought in the second quarter Berkshire's second-quarter report, filed Aug. 8, showed the company buying more stock than it sold for the first time in 14 quarters. That ended a stretch of net selling that began in the fourth quarter of 2022 and outlasted Buffett's tenure as chief executive. Net earnings, the noisier figure, roughly doubled to $25.67 billion. Operating earnings, which strip out the paper swings in Berkshire's stock portfolio and are the figure Buffett has long told shareholders to watch, rose 16% to $12.98 billion. Share buybacks jumped to $4.53 billion from $235 million in the first quarter. The cash pile — $397.4 billion at March 31, the most it had ever held — finally fell, to $365.5 billion. Berkshire's filing gives six-month totals rather than quarterly ones; the quarterly split works out to roughly $23.5 billion of stock bought against about $3.7 billion sold. Story Continues Profit from writing insurance policies fell 13% and income from investing premiums fell 9%. Why Berkshire paid less than Alphabet's public investors Alphabet paid to sell stock to the public. Goldman Sachs, J.P. Morgan and Morgan Stanley led a group of 31 banks that took the $18 billion offering, distributed it and collected a fee. Alphabet told investors to expect about $17.8 billion left over once the banks' cut and the cost of the sale were paid, or roughly 1.1%. Public buyers had no say in the price. Berkshire bought straight from the company. No syndicate, no fee. The discount it negotiated, 0.95% on the Class A shares and 1.02% on the Class C, runs close to what Alphabet would have paid the banks to move the same stock. Alphabet kept about $351.25 a share from public buyers of the Class A stock and $351.81 from Berkshire. On the Class C shares it was $347.89 against $348.20. Across the 28.6 million shares in the placement, Berkshire's money was worth roughly $12 million more to Alphabet than the same shares sold to the public. Alphabet also gave Berkshire the right to resell the shares publicly later, which buyers in private deals don't automatically get. Who made the Alphabet call, Buffett or Abel Most early coverage of Berkshire's moves framed the quarter as Greg Abel's arrival on the battlefield. Abel, 64

Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile

OMAHA, Neb. (AP) — Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren Buffett built reported its second-quarter earnings Saturday morning and disclosed that its cash holdings had shrunk to $365.5 billion from nearly $400 billion at the end of March. Berkshire's report suggested that it had added more than $24 billion worth of commercial, industrial and other stocks to its portfolio, but the earnings report doesn't name the stocks it bought. That won't be revealed until a separate filing later this month. Abel took over as CEO in January when Buffett retired after six decades leading the company. But Buffett remains chairman. Abel announced in March that Berkshire had resumed buying back its own shares for the first time in more than two years, but investors were underwhelmed when the company only repurchased about $234 million worth of Berkshire stock in the first quarter. The purchases in the second quarter that were disclosed Saturday demonstrate that Berkshire is serious about buybacks, but it is on the low end of the range that investors were expecting. Buffett watchers had been predicting repurchases somewhere between $5 billion and $11 billion based on a filing Buffett made when he announced his annual charitably donations in July. The company's standard is that it only repurchases shares when Abel and Buffett believes they are selling for less than they are worth. They do not plan to spend a specific amount like many companies do. Most of Berkshire's repurchases were made in June. They may not be buying much now as the stock just hit a new 52-week high on Thursday. Berkshire previously repurchased $78 billion worth of its own stock between 2018 and 2024. In addition to the Google stock Berkshire bought this spring, the Omaha, Nebraska-based company also completed a $6.8 billion acquisition of homebuilder Taylor Morrison but that didn't close until July so it's not reflected in these quarterly figures. Berkshire's bottom line profit more than doubled to $25.667 billion, or $17,868.44 per Class A share, on a big paper gain in the value of its investments as the company lapped last year's $3.8 billion writedown in the value of its Kraft Foods stake. A year ago Berkshire reported earning $12.37 billion, or $8,600.89 per Class A share, But Buffett has long urged investors to pay more attention to Berkshire's operating earnings to get a better sense of how its dozens of companies are performing because those numbers exclude investments. By that measure, Berkshire's operating profit grew to $12.983 billion, or $9,038.30 per A share, from $11.16 billion, or $7,759.58 per Class A share. Berkshire owns several major insurers, including Geico, a collection of big utilities, BNSF railroad and a varied assortment of manufacturing and retail companies, including Precision Castparts and See's Candy. View Comments

Berkshire’s profit doubles as equity holdings surge; buys back $4.5 bln shares

Investing.com - Berkshire Hathaway Inc. drew down its record cash pile to $364.7 billion in the second quarter as Chief Executive Officer Greg Abel ramped up stock repurchases to $4.53 billion and oversaw a doubling in net profit. The shift in capital allocation marks a notable pivot from the prior quarter, when Berkshire held a record net cash and Treasury trove of approximately $380 billion. The step-up in share buybacks - up sharply to $4.53 billion. Under Berkshire's long-standing policy, repurchases are executed at management's discretion provided cash holdings remain above a $30 billion floor. Net income attributable to shareholders rose to $25.67 billion, or $17,868 per Class A equivalent share, up from $12.37 billion ($8,601 per Class A share) in the same period a year earlier. The gain was driven by $16.08 billion in investment gains, largely reflecting unrealized appreciation across its core public stock holdings, led by top positions including Alphabet Apple, American Express, Bank of America, and The Coca-Cola Company. The conglomerate repurchased $4.53 billion of its own shares in the three months through June - a noticeable step up from the subdued activity in the first quarter. Berkshire started buying back its own shares in the first quarter for the first time in more than a year. Looking past paper portfolio gains, operating performance across Berkshire's core industrial, transport, and insurance businesses moderated slightly as cost inflation and higher claims frequencies in consumer auto lines offset gains in freight rail and manufacturing. The figures provide a key operational checkpoint under Abel, who assumed the top executive role from Warren Buffett at the start of the year and has continued his predecessor's approach of balancing short-term U.S. Treasuries with targeted industrial investments. Beyond operating income, market focus centers on Abel's deployment strategy, specifically as Berkshire resumed meaningful share repurchases and expanded its remaining stock portfolio, dominated by top stakes in Apple, American Express, and Coca-Cola. Berkshire ended June with $364.7 billion in total cash, cash equivalents, and short-term Treasury Bills across its operating units, down from the $380 billion net position at the end of March. Related articles Berkshire's profit doubles as equity holdings surge; buys back $4.5 bln shares JPMorgan outlines ten strategic themes that could shape the outlook for 2026 As Claude disrupts stock market, Anthropic researcher warns 'world is in peril' View Comments

Berkshire Hathaway Buys Back $4.5 Billion of Its Own Shares

(Bloomberg) -- Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter, providing shareholders with the largest quarterly payout since 2021. Most Read from Bloomberg OpenAI's New Device Will Be Hockey Puck-Sized and Cost Over $300 Iran Wants to Bar US, Israeli Ships From Hormuz in Peace Accord Walmart Tests Fulfillment Cart Changes After Child Hit in Store Why Do Data Centers Use So Much Fresh Water? Trump Administration Considers Order on Autism and Vaccines Operating earnings surged 16% in the three months through June, the Omaha, Nebraska-based conglomerate said Saturday in a statement. Berkshire started buying back its own shares in the first quarter for the first time in more than a year. Earlier this year, Chief Executive Officer Greg Abel said Berkshire was restarting buybacks because executives found the "intrinsic value" of those shares exceeded their market price. Shares of Berkshire rose 3.8% this year as of market close Friday. Most Read from Bloomberg Businessweek How Apple and India Built an Alternative iPhone Production Hub Lululemon Is At War With Itself TikTok Withheld a Safety Feature From Millions. One Died by Suicide Armed With $10 Billion, Sequoia's Leaders Plan Its New Era RFK Jr.'s Cooking Show Is One Long, Boring Political Ad ©2026 Bloomberg L.P. View Comments

Berkshire Hathaway Inc. News Release

OMAHA, Neb., August 08, 2026--(BUSINESS WIRE)--(BRK.A; BRK.B) – Berkshire's operating results for the second quarter and first six months of 2026 and 2025 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at www.berkshirehathaway.com. The limited information that follows in this press release is not adequate for making an informed investment judgment. Earnings of Berkshire Hathaway Inc. and its consolidated subsidiaries for the second quarter and first six months of 2026 and 2025 are summarized below. Earnings are stated on an after-tax basis. (Dollar amounts are in millions, except for per share amounts). Second Quarter First Six Months 2026 2025 2026 2025 Net earnings attributable to Berkshire shareholders $ 25,667 $ 12,370 $ 35,773 $ 16,973 Net earnings includes: Investment gains (losses) 12,684 4,970 11,444 (68 ) Other-than-temporary impairment of investment in Kraft Heinz — (3,760 ) — (3,760 ) Operating earnings 12,983 11,160 24,329 20,801 Net earnings attributable to Berkshire shareholders $ 25,667 $ 12,370 $ 35,773 $ 16,973 Net earnings per average equivalent Class A Share $ 17,868 $ 8,601 $ 24,889 $ 11,801 Net earnings per average equivalent Class B Share $ 11.91 $ 5.73 $ 16.59 $ 7.87 Average equivalent Class A shares outstanding 1,436,443 1,438,223 1,437,279 1,438,223 Average equivalent Class B shares outstanding 2,154,664,073 2,157,335,139 2,155,918,015 2,157,335,139 Note: Per share amounts for Class B shares are 1/1,500th of those shown for Class A shares. In the table above, investment gains (losses) in each period predominantly relate to our investments in equity securities. Generally Accepted Accounting Principles ("GAAP") require that we include the changes in unrealized gains (losses) of our equity security investments as a component of investment gains (losses) in our earnings statements. Investment gains (losses) in 2026 include gains of $10.9 billion in the second quarter and $3.9 billion in the first six months and in 2025 include gains of $1.5 billion in the second quarter and losses of $5.9 billion in the first six months due to changes during the second quarter and the first six months in the unrealized gains that existed in our equity security investment holdings. Investment gains (losses) in 2026 also include after-tax realized gains on sales of investments of $1.8 billion in the second quarter and $7.5 billion in the first six months and in 2025 include $4.2 billion in the second quarter and $6.6 billion in the first six months. Investment gains (losses) in the table above also include losses of $0.7 billion in the second quarter and first six months of 2025 from other investments. Story Continues The amount of investment gains (losses) in any given quarter is usually meaningless and delivers figures for net earnings per share that can be extremely misleading to investors who have little or no knowledge of accounting rules. An analysis of Berkshire's operating earnings follows (dollar amounts are in millions). Second Quarter First Six Months 2026 2025 2026 2025 Insurance-underwriting $ 1,731 $ 1,992 $ 3,448 $ 3,328 Insurance-investment income 3,059 3,367 5,738 6,260 BNSF 1,558 1,466 2,935 2,680 Berkshire Hathaway Energy Company 891 702 2,005 1,799 Manufacturing, service and retailing 4,470 3,601 7,669 6,661 Other * 1,274 32 2,534 73 Operating earnings $ 12,983 $ 11,160 $ 24,329 $ 20,801 * Includes foreign currency exchange gains related to non-U.S. Dollar denominated debt in 2026 of $326 million in the second quarter and $575 million in the first six months and in 2025 includes foreign currency exchange losses of $877 million in the second quarter and $1.59 billion in the first six months. Berkshire acquired approximately $4.5 billion in treasury shares during the second quarter of 2026, bringing the six-month total to about $4.8 billion. On June 30, 2026, there were 1,431,693 Class A equivalent shares outstanding. At June 30,

CEO Greg Abel moves to assure Berkshire shareholders in a post-Buffett world, with record cash

Berkshire Hathaway profit rises despite consumer stress, cash sets record