Bristow Group (NYSE:VTOL) Posts Earnings Results

Bristow Group (NYSE:VTOL) announced its quarterly earnings results on Tuesday. The company reported $1.72 earnings per share for the quarter, Zacks reports. Bristow Group had a net margin of 8.24% and a return on equity of 12.86%. Bristow Group updated its FY 2026 guidance to EPS and its FY 2025 guidance to EPS.

Bristow Group Stock Down 3.2%

Shares of VTOL traded down $1.35 during midday trading on Tuesday, hitting $41.36. The company had a trading volume of 198,809 shares, compared to its average volume of 162,654. The company’s 50 day moving average price is $38.01 and its 200 day moving average price is $34.76. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 10.31 and a beta of 1.33. Bristow Group has a 52 week low of $25.11 and a 52 week high of $42.89. The company has a quick ratio of 1.44, a current ratio of 1.81 and a debt-to-equity ratio of 0.69.

Insider Buying and Selling

In other news, Director Robert Manzo sold 10,000 shares of the business’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 completion of 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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Wesley E. Kern sold 2,531 shares of the business’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 of the company’s stock, valued at $1,323,179.88. The trade was a 6.73% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 34,581 shares of company stock worth $1,291,103. 13.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Bristow Group by 75.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 76,152 shares of the company’s stock valued at $2,511,000 after buying an additional 32,857 shares during the period. JPMorgan Chase & Co. raised its position in shares of Bristow Group by 87.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 219,865 shares of the company’s stock worth $7,249,000 after buying an additional 102,611 shares in the last quarter. Jane Street Group LLC raised its position in shares of Bristow Group by 178.7% during the 1st quarter. Jane Street Group LLC now owns 53,526 shares of the company’s stock worth $1,690,000 after buying an additional 34,317 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of Bristow Group in the 1st quarter worth approximately $1,119,000. Finally, State of Wyoming raised its holdings in shares of Bristow Group by 16.4% in the 2nd quarter. State of Wyoming now owns 5,804 shares of the company’s stock worth $191,000 after purchasing an additional 816 shares in the last quarter. 93.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Bristow Group in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Bristow Group from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

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.