BERKSHIRE ASSET MANAGEMENT LLC/PA recently filed their 13F report for the third quarter of 2022, which ended on 2022-09-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
46 PUBLIC SQUARE WILKES BARRE, PA 18701
As of the latest 13F report, the guru’s equity portfolio contained 218 stocks valued at a total of $1.41Bil. The top holdings were CVX(3.85%), ABBV(3.67%), and MSFT(3.53%).
According to GuruFocus data, these were BERKSHIRE ASSET MANAGEMENT LLC/PA’s top five trades of the quarter.
Amgen Inc
BERKSHIRE ASSET MANAGEMENT LLC/PA reduced their investment in NAS:AMGN by 86,263 shares. The trade had a 1.37% impact on the equity portfolio. During the quarter, the stock traded for an average price of $242.4.
On 11/15/2022, Amgen Inc traded for a price of $282.01 per share and a market cap of $150.34Bil. The stock has returned 38.66% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Amgen Inc has a price-earnings ratio of 22.60, a price-book ratio of 41.13, a price-earnings-to-growth (PEG) ratio of 4.81, a EV-to-Ebitda ratio of 14.52 and a price-sales ratio of 5.86.
The price-to-GF Value ratio is 1.06, earning the stock a GF Value rank of 3.
TE Connectivity Ltd
During the quarter, BERKSHIRE ASSET MANAGEMENT LLC/PA bought 143,351 shares of NYSE:TEL for a total holding of 240,399. The trade had a 1.12% impact on the equity portfolio. During the quarter, the stock traded for an average price of $124.46.
On 11/15/2022, TE Connectivity Ltd traded for a price of $126.73 per share and a market cap of $40.24Bil. The stock has returned -21.68% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, TE Connectivity Ltd has a price-earnings ratio of 16.94, a price-book ratio of 3.75, a price-earnings-to-growth (PEG) ratio of 2.87, a EV-to-Ebitda ratio of 11.98 and a price-sales ratio of 2.52.
The price-to-GF Value ratio is 0.88, earning the stock a GF Value rank of 7.
S&P 500 ETF TRUST ETF
BERKSHIRE ASSET MANAGEMENT LLC/PA reduced their investment in ARCA:SPY by 9,485 shares. The trade had a 0.23% impact on the equity portfolio. During the quarter, the stock traded for an average price of $395.76.
On 11/15/2022, S&P 500 ETF TRUST ETF traded for a price of $397.94 per share and a market cap of $369.65Bil. The stock has returned -13.92% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 19.56, a price-book ratio of 3.62, a price-earnings-to-growth (PEG) ratio of 2.33, a EV-to-Ebitda ratio of 14.34 and a price-sales ratio of 2.74.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
Johnson & Johnson
BERKSHIRE ASSET MANAGEMENT LLC/PA reduced their investment in NYSE:JNJ by 5,869 shares. The trade had a 0.07% impact on the equity portfolio. During the quarter, the stock traded for an average price of $169.22.
On 11/15/2022, Johnson & Johnson traded for a price of $171.52 per share and a market cap of $447.70Bil. The stock has returned 7.40% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Johnson & Johnson has a price-earnings ratio of 23.85, a price-book ratio of 6.01, a price-earnings-to-growth (PEG) ratio of 6.12, a EV-to-Ebitda ratio of 15.17 and a price-sales ratio of 4.76.
The price-to-GF Value ratio is 0.97, earning the stock a GF Value rank of 6.
Nucor Corp
During the quarter, BERKSHIRE ASSET MANAGEMENT LLC/PA bought 9,864 shares of NYSE:NUE for a total holding of 348,945. The trade had a 0.07% impact on the equity portfolio. During the quarter, the stock traded for an average price of $125.47.
On 11/15/2022, Nucor Corp traded for a price of $144.39 per share and a market cap of $37.05Bil. The stock has returned 33.16% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Nucor Corp has a price-earnings ratio of 4.54, a price-book ratio of 2.09, a price-earnings-to-growth (PEG) ratio of 0.21, a EV-to-Ebitda ratio of 3.09 and a price-sales ratio of 0.89.
The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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