Bristow Group Inc. $VTOL Shares Purchased by American Century Companies Inc.

American Century Companies Inc. increased its stake in shares of Bristow Group Inc. (NYSE:VTOL) by 14.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 663,001 shares of the company’s stock after purchasing an additional 84,061 shares during the period. American Century Companies Inc. owned 2.30% of Bristow Group worth $20,938,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in shares of Bristow Group by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,621,027 shares of the company’s stock worth $55,600,000 after purchasing an additional 48,852 shares during the last quarter. Taconic Capital Advisors LP raised 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 purchasing an additional 50,900 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Bristow Group by 17.7% during the 1st quarter. Brown Advisory Inc. now owns 1,009,740 shares of the company’s stock worth $31,888,000 after purchasing an additional 151,784 shares during the last quarter. Western Standard LLC raised its position in shares of Bristow Group by 41.5% during the 4th quarter. Western Standard LLC now owns 563,318 shares of the company’s stock worth $19,322,000 after purchasing an additional 165,318 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Bristow Group by 12.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 313,074 shares of the company’s stock worth $9,887,000 after purchasing an additional 34,936 shares during the last quarter. Institutional investors and hedge funds own 93.29% of the company’s stock.

Insider Activity

In related news, Director Maryanne Miller sold 1,800 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $38.37, for a total transaction of $69,066.00. Following the completion of the sale, the director directly owned 22,452 shares in the company, valued at approximately $861,483.24. This trade represents a 7.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wesley E. Kern sold 2,531 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $37.72, for a total transaction of $95,469.32. Following the sale, the director owned 35,079 shares of the company’s stock, valued at approximately $1,323,179.88. The trade was a 6.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 81,666 shares of company stock valued at $2,867,992 in the last quarter. Insiders own 13.40% of the company’s stock.

Bristow Group Stock Performance

VTOL opened at $38.5530 on Friday. The firm has a market capitalization of $1.11 billion, a PE ratio of 9.61 and a beta of 1.32. Bristow Group Inc. has a twelve month low of $25.11 and a twelve month high of $39.91. The firm’s 50-day moving average price is $35.40 and its 200 day moving average price is $32.70. 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 (NYSE:VTOL) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.31. The firm had revenue of $376.43 million for the quarter, compared to analyst estimates of $380.00 million. Bristow Group had a net margin of 8.24% and a return on equity of 12.86%. Bristow Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

Bristow Group Company 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.