Long-term correlation modeling suggests Berkshire Hathaway stock price could outperform broader indexes during market downturns, reinforcing its role as a portfolio anchor. Energy titan Chevron (NYSE: CVX) is Berkshire's fifth-largest stock holding, and Berkshire now owns nearly 7% of it. It's a stellar dividend-paying stock, with a recent generous 4.3% dividend yield. It's also been a big stock repurchaser, with its reduced share count leaving each remaining share more valuable. (When you add its dividend payments and share repurchases, its total yield for shareholders was recently 9.1%.) Buffettâs strategy often centers on acquiring good businesses when earnings are down. Buying OxyChem now gives Berkshire exposure to a cyclical business at a price that looks attractive relative to its long-term potential. This is Berkshireâs largest deal since the $13 billion purchase of Alleghany in 2022. Analysts note Berkshire Hathaway stock price may benefit from potential M&A activity, with Buffett’s disciplined approach likely to seek undervalued targets in the financial sector.
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