Overview

• Edward Jones raised Berkshire Hathaway Class B shares to Buy and added BRK.B to its Focus List, citing attractive value and financial strength.
• BRK.B is trading around 1.5 times estimated book value, down from roughly 1.8 times before the retirement news.
• Berkshire’s approximately $350 billion in cash gives incoming CEO Greg Abel latitude for acquisitions, new stock positions, or increased buybacks.
• Warren Buffett will step down as CEO at the end of 2025 and remain chairman, while Greg Abel already oversees day-to-day operations.
• Berkshire recently purchased 5 million UnitedHealthcare shares in mid-August 2025, signaling active capital deployment during the transition.