--- title: "Edward Jones analyst dissects Berkshire results, sees Abel restoring investor confidence" description: "Edward Jones analyst James Shanahan reported that Berkshire Hathaway's Q3 results exceeded expectations, driven by improvements in its insurance business and contributions from Precision Castparts. Sh" type: "news" locale: "en" url: "https://longbridge.com/en/news/263860748.md" published_at: "2025-11-01T16:10:10.000Z" --- # Edward Jones analyst dissects Berkshire results, sees Abel restoring investor confidence > Edward Jones analyst James Shanahan reported that Berkshire Hathaway's Q3 results exceeded expectations, driven by improvements in its insurance business and contributions from Precision Castparts. Shanahan noted a significant cash increase to nearly $390B and highlighted the company's recent acquisition of Occidental's chemical business for $9.7B. With Warren Buffett stepping down as CEO, Shanahan believes successor Greg Abel will restore investor confidence, despite recent stock underperformance. Edward Jones upgraded Berkshire's stock rating to Buy, anticipating that increased investment activity could boost share prices. Berkshire Hathaway's (BRK.A)(BRK.B) Q3 results beat expectations, according to Edward Jones analyst James Shanahan, helped by a sharp improvement in its insurance underwriting business and a solid contribution from aerospace parts maker Precision Castparts. Shanahan highlighted the brokerage's recent rating upgrade of the sprawling conglomerate's s... ### Related Stocks - [BRK.A.US - Berkshire Hathaway](https://longbridge.com/en/quote/BRK.A.US.md) - [BRK.B.US - Berkshire Hathaway B](https://longbridge.com/en/quote/BRK.B.US.md) - [07777.HK - XL2CSOPBRKB](https://longbridge.com/en/quote/07777.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Why this company handles volatility better | While many stocks struggle during downturns, Berkshire Hathaway often holds firm. This video explains why Warren Buffett | [Link](https://longbridge.com/en/news/274554753.md) | | First Eagle Investment Management Boosts Berkshire Hathaway B Stake | First Eagle Investment Management LLC has increased its stake in Berkshire Hathaway B by 36,567 shares. According to Tip | [Link](https://longbridge.com/en/news/275065683.md) | | Warren Buffett once called these stocks' dividend growth "as certain as birthdays." Here's how they're doing. | Buffett pointed to these two stocks as examples of the key to Berkshire Hathaway's success. | [Link](https://longbridge.com/en/news/273837487.md) | | Before retiring, Warren Buffett made a $58 billion-plus bet on one sector. Now, that investment is starting to work. | Warren Buffett remains chairman of Berkshire Hathaway's board but relinquished the role of CEO at the end of last year. | [Link](https://longbridge.com/en/news/274422490.md) | | 3 Warren Buffett stocks to buy hand over fist and 1 to avoid | Buffett's legacy continues in the massive Berkshire Hathaway portfolio. | [Link](https://longbridge.com/en/news/272441807.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.