Clayton Partners LLC Has $13 Million Stock Holdings in Bristow Group Inc. $VTOL

Key Points

• Clayton Partners LLC reduced its stake in Bristow Group Inc. by 8.2%, selling 36,688 shares, which now means the firm holds 411,664 shares, valued at approximately $13 million.
• Other institutional investors have also increased their holdings in Bristow Group, with notable increases from Wells Fargo and Barclays PLC, reflecting growing confidence in the company.
• Bristow Group reported an earnings per share of $1.07 for the last quarter, surpassing analyst expectations and indicating a net margin of 8.24%.

Clayton Partners LLC cut its position in Bristow Group Inc. (NYSE:VTOL - Free Report) by 8.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 411,664 shares of the company's stock after selling 36,688 shares during the period. Bristow Group comprises 11.3% of Clayton Partners LLC's portfolio, making the stock its largest holding. Clayton Partners LLC owned approximately 1.43% of Bristow Group worth $13,000,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTOL. Western Standard LLC increased its stake 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 worth $19,322,000 after purchasing an additional 165,318 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Bristow Group by 17.7% in the first 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 in the last quarter. American Century Companies Inc. increased its stake in shares of Bristow Group by 14.5% in the first quarter. American Century Companies Inc. now owns 663,001 shares of the company's stock worth $20,938,000 after purchasing an additional 84,061 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Bristow Group in the first quarter worth $2,588,000. Finally, Tudor Investment Corp ET AL purchased a new position in Bristow Group during the fourth quarter valued at $2,186,000. 93.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Bristow Group news, CFO Jennifer Dawn Whalen sold 5,000 shares of Bristow Group stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $37.55, for a total value of $187,750.00. Following the completion of the transaction, the chief financial officer directly owned 94,203 shares of the company's stock, valued at $3,537,322.65. This trade represents a 5.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Alternative Asset Manage Solus sold 45,857 shares of Bristow Group stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $33.49, for a total transaction of $1,535,750.93. Following the completion of the transaction, the insider directly owned 3,076,796 shares of the company's stock, valued at $103,041,898.04. The trade was a 1.47% 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 worth $2,867,992. Insiders own 13.40% of the company's stock.

Bristow Group Price Performance

VTOL traded up $0.05 during trading on Monday, hitting $38.51. 147,820 shares of the company traded hands, compared to its average volume of 188,175. The company has a market cap of $1.11 billion, a PE ratio of 9.60 and a beta of 1.28. The stock's 50-day simple moving average is $35.84 and its two-hundred day simple moving average is $32.76. Bristow Group Inc. has a 1 year low of $25.11 and a 1 year high of $39.91. 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 - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.31. The company had revenue of $376.43 million during the quarter, compared to analysts' expectations 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.

About Bristow Group

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.