Berkshire Hathaway’s quarterly 13-F filing on Aug. 14 is eagerly anticipated as it may reveal the mystery stock investment of nearly $5 billion in an industrial sector. Class B shares are trading 12% below their year-to-date high. Analysts speculate UPS or Caterpillar as potential contenders.
Buffett’s conglomerate likely accumulated an industrial stock confidentially, evident in the 10-Q reports. Berkshire’s 13-F filing could confirm this speculation, shedding light on other major moves, like a reduction in Bank of America stake. Investors await updates on core holdings like Apple, American Express, and Chevron.
Despite Berkshire Hathaway stock trending down, Wall Street analysts maintain a “Moderate Buy” rating with a mean target of $540, suggesting a potential 15% upside. The upcoming 13-F filing could offer insights into Buffett’s evolving investment strategy amid market shifts.
Read more at Yahoo Finance: Dear Warren Buffett Fans, Mark Your Calendars for August 14