81,939 Shares in Bristow Group Inc. $VTOL Bought by Nuveen LLC

Nuveen LLC purchased a new position in Bristow Group Inc. (NYSE:VTOL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 81,939 shares of the company’s stock, valued at approximately $2,588,000. Nuveen LLC owned 0.28% of Bristow Group as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its position in shares of Bristow Group by 29.6% during the fourth quarter. Wells Fargo & Company MN now owns 14,841 shares of the company’s stock valued at $509,000 after buying an additional 3,392 shares during the last quarter. Barclays PLC boosted its position in shares of Bristow Group by 39.7% during the fourth quarter. Barclays PLC now owns 52,647 shares of the company’s stock valued at $1,806,000 after buying an additional 14,956 shares during the last quarter. Dimensional Fund Advisors LP boosted 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 buying an additional 48,852 shares during the last quarter. MetLife Investment Management LLC boosted its position in shares of Bristow Group by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 14,932 shares of the company’s stock valued at $512,000 after buying an additional 819 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of Bristow Group during the fourth quarter valued at $1,038,000. 93.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Bristow Group

In other news, Director Wesley E. Kern sold 2,531 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $37.72, for a total transaction of $95,469.32. Following the completion of the sale, the director owned 35,079 shares of the company’s stock, valued at $1,323,179.88. The trade was a 6.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Jennifer Dawn Whalen sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $37.55, for a total value of $187,750.00. Following the sale, the chief financial officer directly owned 94,203 shares of the company’s stock, valued at $3,537,322.65. This represents a 5.04% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 81,666 shares of company stock worth $2,867,992. 13.40% of the stock is owned by corporate insiders.

Bristow Group Trading Up 1.1%

Bristow Group stock opened at $38.48 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.81 and a quick ratio of 1.44. Bristow Group Inc. has a one year low of $25.11 and a one year high of $39.91. The stock has a market capitalization of $1.11 billion, a PE ratio of 9.60 and a beta of 1.32. The business’s fifty day moving average is $35.74 and its 200 day moving average is $32.79.

Bristow Group (NYSE:VTOL) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.76 by $0.31. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%.The company had revenue of $376.43 million for the quarter, compared to analysts’ expectations of $380.00 million. 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.