Maryland State Retirement & Pension System Sells 1,230 Shares of Bristow Group Inc. $VTOL

Maryland State Retirement & Pension System trimmed its position in shares of Bristow Group Inc. (NYSE:VTOL) by 14.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,185 shares of the company’s stock after selling 1,230 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Bristow Group were worth $227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in shares of Bristow Group by 3.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,621,027 shares of the company’s stock valued at $55,600,000 after purchasing an additional 48,852 shares in the last quarter. Taconic Capital Advisors LP lifted its position in shares of Bristow Group by 4.9% during the 4th quarter. Taconic Capital Advisors LP now owns 1,097,927 shares of the company’s stock worth $37,659,000 after buying an additional 50,900 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Bristow Group by 17.7% in the 1st quarter. Brown Advisory Inc. now owns 1,009,740 shares of the company’s stock worth $31,888,000 after buying an additional 151,784 shares during the last quarter. Western Standard LLC grew its holdings in shares of Bristow Group by 41.5% in the fourth quarter. Western Standard LLC now owns 563,318 shares of the company’s stock valued at $19,322,000 after acquiring an additional 165,318 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Bristow Group by 12.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 313,074 shares of the company’s stock valued at $9,887,000 after acquiring an additional 34,936 shares during the last quarter. Hedge funds and other institutional investors own 93.29% of the company’s stock.

Bristow Group Stock Performance

Shares of Bristow Group stock opened at $37.3890 on Wednesday. The business’s fifty day simple moving average is $35.17 and its 200 day simple moving average is $32.63. The company has a current ratio of 1.81, a quick ratio of 1.44 and a debt-to-equity ratio of 0.69. Bristow Group Inc. has a 12 month low of $25.11 and a 12 month high of $39.91. The firm has a market capitalization of $1.08 billion, a P/E ratio of 9.32 and a beta of 1.32.

Bristow Group (NYSE:VTOL) last announced its earnings results on Tuesday, August 5th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.31. The firm had revenue of $376.43 million during the quarter, compared to analyst estimates of $380.00 million. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%. Bristow Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

Insiders Place Their Bets

In related news, Director Robert Manzo sold 10,000 shares of Bristow Group stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $37.11, for a total value of $371,100.00. Following the sale, the director owned 38,583 shares of the company’s stock, valued at approximately $1,431,815.13. The trade was a 20.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lorin L. Brass sold 5,250 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $37.47, for a total value of $196,717.50. Following the completion of the transaction, the director owned 26,705 shares in the company, valued at approximately $1,000,636.35. The trade was a 16.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 81,666 shares of company stock valued at $2,867,992. Company insiders own 13.40% of the company’s stock.

Bristow Group Profile

Bristow Group Inc provides vertical flight solutions. The company primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue, medevac, ad hoc helicopter, fixed wing transportation, unmanned systems, and ad-hoc helicopter services, as well as logistical and maintenance support, training services, and flight and maintenance crews.