Buffett's Berkshire Hathaway shows strong faith in Apple and itself – Yahoo Finance

wp header logo 1312

Berkshire Hathaway (NYSE:BRKa), led by CEO Warren Buffett, has shown significant interest in tech giant Apple (NASDAQ:AAPL) and its own company shares, according to the latest 13F filings and comments from the annual shareholder meeting. As of Monday this week, Apple reportedly accounted for 45.4% of Berkshire Hathaway's $354 billion investment portfolio, making it the clear top investment.
According to Buffett, there are four primary reasons why Apple is highly valued by his firm. First, Apple's brand recognition and customer loyalty are seen as key assets. Second, the company's innovative nature and consistent updates to its products are appreciated by Buffett and his team. Third, Buffett expresses complete trust in Apple's management team and its shift towards a platform business model with more emphasis on subscription services. Finally, Buffett appreciates Apple's substantial capital-return program, which includes one of the largest nominal-dollar dividend payouts among public companies and a stock repurchase program that has bought back approximately $600 billion worth of its common stock since 2013.
However, another stock that has caught the eye of Warren Buffett is none other than Berkshire Hathaway itself. A change in policy on July 17, 2018, allowed Buffett and executive vice chairman Charlie Munger more freedom to buy back their company's stock as long as they maintain at least $30 billion in cash, cash equivalents, and U.S. Treasuries on their balance sheet. Since this policy change, Berkshire Hathaway has consistently bought back its own shares for 20 consecutive quarters, totaling over $71 billion. This buyback program is viewed as a way to reward long-term investors by incrementally increasing their ownership stakes.
Furthermore, the buyback program has had a positive impact on Berkshire Hathaway's earnings per share (EPS), which should rise as the outstanding share count declines for businesses with steady or growing net income.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Related Articles
Buffett's Berkshire Hathaway shows strong faith in Apple and itself
Evercore ISI taking 'more gradual' approach to Netflix , lowers estimates
Evercore starts QuantumScape at Outperform; says tech could cut costs 'for the entire industry'
When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.
With WTI crude oil prices spiking 4% today and currently near $94 a barrel it's noteworthy that several Zacks Oils and Energy sector stocks are standing out with stellar dividend yields and the ability to benefit from the surging commodity price.
What should we make of today’s market conditions? Investors have started digesting how the Federal Reserve’s ‘higher for longer’ interest rate policy will impact the economy, and they’re not pleased with the prospect. Other challenges on the horizon include an increasing probability of a government shutdown as Congress grapples with partisan disagreements over annual budget resolutions, declining consumer confidence as worries mount, and a sharp surge in oil prices on the commodity trading floor
My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.
"Today's selloff seems to have been caused by a confluence of factors. That's actually good news, in that there is no obvious crisis in the offing."
Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company's largest individual investor. GameStop said in a statement that Cohen won't receive compensation for serving as its president, CEO and chairman.
The markets have mostly been in a downtrend since midway through the summer, with a pensive mood driving the narrative. Concerns include higher oil prices, the prospect of interest rates remaining elevated for the time being, while worries about a recession are yet to abate. However, a new note from Bank of America’s head of US equity & quantitative strategy, Savita Subramanian, sets out the bullish case for the final quarter of 2023. “I see far more bullish indicators for mid and large-cap stoc
CarMax earnings fell for a seventh straight quarter. The ongoing UAW strike could lift used-car prices. CarMax stock fell solidly.
Dow Jones futures fell Thursday after initial jobless claims and weak GDP. Used-car retailer CarMax dived on earnings.
Think 4.6% yields on 10-year Treasuries look good? Market pros found safe ways you can do even better using bond ETFs.
Accenture stock fell Thursday after the management consultant and tech company reported fourth-quarter revenue that missed Wall Street estimates and provided earnings guidance below consensus. Accenture (ticker: ACN) posted fiscal fourth-quarter earnings of $2.71 a share on revenue of $15.99 billion. Accenture also said new bookings for the quarter were $16.6 billion, a decrease of 10% from the same period last year.
Can investors realistically time the market to maximize returns, especially over the long term? According to a recent study from Charles Schwab, perfect market timing is practically impossible. The firm’s research showed that most investors are better off investing as soon as possible using a buy-and-hold strategy rather than trying to predict short-term peaks and […] The post Forget About ‘Timing the Market’: Schwab Research Reveals the Optimal Way to Invest appeared first on SmartReads by Smar
NextEra Energy subsidiary, NextEra Energy Partners, LP, significantly reduced its distribution growth outlook, blaming Federal Reserve moves to fight inflation, and shares of both plunged.
A market rally attempt is underway, barely, but don't get excited. Tesla fell as Deutsche Bank sees trouble beyond Q3 deliveries.
Software maker Workday lowered its outlook for subscription revenue growth through fiscal 2027 at an analyst day. WDAY stock plunged on the revised forecast.
(Bloomberg) — Greg Lippmann, the trader who was immortalized in Michael Lewis’s book “The Big Short,” sees a soft landing by the Federal Reserve as unlikely and is focusing on investments that would perform well in a tougher economic environment or if rates were to rise further.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal Wi
Battle Road Research analyst Ben Rose upgraded Tesla stock to the equivalent of Buy. The electric-vehicle maker has recently endured a series of negative headlines.
Vladimir Putin will be unable to protect citizens from the pain
Accenture reported fiscal Q4 earnings that topped Wall Street targets while revenue missed amid weak bookings.
At least WeWork had flashy buildings to flaunt for the billions of dollars ex-CEO Adam Neumann raised. SBF, as he was often called, is a pathological liar, an alleged fraud and market manipulator and also a really horrible ex-boyfriend who’s pinning his entire downfall on his on-and-off girlfriend Caroline Ellison, who headed Alameda Research. It was probably the FTX exchange itself.


Leave a Reply

Your email address will not be published. Required fields are marked *