What changed for Berkshire as Buffett steps down?

Warren Buffett steps down and Greg Abel takes the CEO role. We expect the decentralized operating model to remain. The near-term focus is on capital allocation tone, buyback pace, and how Berkshire uses its large cash balance. Investors should watch the first earnings call for clarity on priorities and thresholds.

Will Berkshire start paying a dividend soon?

There is no formal signal that a dividend is imminent. Berkshire historically favors buybacks when shares trade below intrinsic value and keeps cash for deals. Any dividend would mark a policy shift. Watch cash levels, repurchase disclosures, and management commentary for clues before assuming a recurring payout.

Is BRK-B expensive at current levels?

At $502.65, BRK-B trades near 16.08 times EPS and about 1.55 times book. That looks reasonable compared with quality US financials, but consensus target around $450 implies limited short-term upside. A long view, underwriting strength, and disciplined buybacks are key supports while technicals point to a neutral trend.

What should German investors consider before buying BRK-B?

Check USD exposure, since returns will include EUR-USD moves. Use US market hours for better liquidity. Understand German capital gains tax rules and keep FX records. Berkshire’s diversification can suit a core holding, but risks include catastrophe losses, utility regulation, and deal timing. Consider gradual entries and position sizing.

Global Market Insights

BRK-B Stock Today: January 01 – Abel Era Begins, Dividend Watch

ByHuzaifa Zahoor January 1, 2026January 1, 2026

BRK-B stock today opens the Greg Abel succession chapter as Warren Buffett steps down. With an estimated $382 billion cash pile and no regular dividend, investors in Germany are watching for fresh capital allocation signals. BRK-B last traded at $502.65 (-0.21%) with a $1.085 trillion market cap, P/E 16.08, and price to book 1.55. The near-term focus is buyback pace, any comment on the decentralized model, and clarity into 2026 strategy. Below, we cover valuation, technicals, and practical notes for German investors.