Berkshire Hathaway (BRK stock price hits a new all-time high, with Class A shares up 17.2% year-to-date)

According to the VESYNC financial APP, the stock price of Berkshire Hathaway (BRK.A.US, BRK.B.US) under the "Stock God" Buffett hit a historical high. Data shows that Berkshire Hathaway's Class A shares rose by 1.66% on Friday to $639,500, surpassing the previous record of $634,440 set on March 28.

As of 2024, the stock has risen by 17.2%, slightly lower than the total return rate of 18.5% for the S&P 500 index. On the same day, Class B shares rose by 1.1% to $423.

Currently, Berkshire Hathaway's market value is approximately $914 billion, with Buffett holding about 15% of the company, equivalent to 207,964 Class A shares worth about $133 billion.

Recently, due to the rebound of value-oriented stocks, Berkshire Hathaway's stock has been boosted. Value stocks have significantly lagged behind growth stocks so far this year. Berkshire Hathaway is the largest component of the Russell 1000 Value Index, which consists of value stocks from the top 1000 companies by market capitalization.

Berkshire Hathaway's Class A shares are still below the intraday high of around $647,000 set after the release of the first-quarter financial report on February 26.

The increase in the company's $400 billion stock investment portfolio is mainly driven by Apple (AAPL.US), with Apple's stock accounting for over 40% of the portfolio. Apple's stock rose by 1.31% to $230.54 on Friday, up 35% since the end of the first quarter. Berkshire Hathaway currently has a price-earnings ratio of about 22 times the expected earnings for 2024, slightly lower than the S&P 500 index's 23 times