Bristow Group Inc. $VTOL Position Boosted by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its ownership in Bristow Group Inc. (NYSE:VTOL) by 12.6%, holding 313,074 shares worth approximately $9.89 million at the end of the first quarter.
• Bristow Group reported an earnings per share (EPS) of $1.07, surpassing analysts' expectations by $0.31, with revenue at $376.43 million during the last quarter.
• Insiders at Bristow Group have sold a total of 81,666 shares worth nearly $2.87 million over the past three months, indicating significant selling activity among directors.

Charles Schwab Investment Management Inc. lifted its position in shares of Bristow Group Inc. (NYSE:VTOL - Free Report) by 12.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 313,074 shares of the company's stock after purchasing an additional 34,936 shares during the period. Charles Schwab Investment Management Inc. owned about 1.09% of Bristow Group worth $9,887,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in 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 period. Taconic Capital Advisors LP lifted its stake in Bristow Group by 4.9% in the 4th quarter. Taconic Capital Advisors LP now owns 1,097,927 shares of the company's stock valued at $37,659,000 after buying an additional 50,900 shares in the last quarter. Brown Advisory Inc. lifted its holdings in Bristow Group by 17.7% in the 1st quarter. Brown Advisory Inc. now owns 1,009,740 shares of the company's stock valued at $31,888,000 after purchasing an additional 151,784 shares in the last quarter. Western Standard LLC lifted its stake 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 period. Finally, Northern Trust Corp lifted its stake in shares of Bristow Group by 7.5% during the 4th quarter. Northern Trust Corp now owns 263,861 shares of the company's stock worth $9,050,000 after purchasing an additional 18,431 shares during the period. Institutional investors and hedge funds own 93.29% of the company's stock.

Bristow Group Trading Up 1.2%

Shares of VTOL traded up $0.45 during trading hours on Wednesday, hitting $38.11. The stock had a trading volume of 98,082 shares, compared to its average volume of 187,031. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.44 and a current ratio of 1.81. The firm has a market cap of $1.10 billion, a P/E ratio of 9.50 and a beta of 1.32. The company's fifty day simple moving average is $35.64 and its 200 day simple moving average is $32.78. Bristow Group Inc. has a 12-month low of $25.11 and a 12-month high of $39.91.

Bristow Group (NYSE:VTOL - Get Free Report) last announced its quarterly 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. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%.The firm had revenue of $376.43 million during the quarter, compared to the consensus estimate of $380.00 million. Bristow Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

Insider Activity at Bristow Group

In other news, 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 completion of the sale, the director directly owned 35,079 shares in the company, valued at $1,323,179.88. This trade represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Manzo sold 10,000 shares of the firm's stock in a transaction dated 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 $1,431,815.13. This represents a 20.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 81,666 shares of company stock valued at $2,867,992. 13.40% of the stock is currently owned by insiders.

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.