Teacher Retirement System of Texas Buys 8,102 Shares of Bristow Group Inc. $VTOL

Teacher Retirement System of Texas raised its stake in Bristow Group Inc. (NYSE:VTOLFree Report) by 72.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,335 shares of the company’s stock after acquiring an additional 8,102 shares during the period. Teacher Retirement System of Texas’ holdings in Bristow Group were worth $637,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its stake in shares of Bristow Group by 2.7% in the 1st quarter. Principal Financial Group Inc. now owns 122,592 shares of the company’s stock valued at $3,871,000 after purchasing an additional 3,213 shares in the last quarter. Readystate Asset Management LP acquired a new stake in shares of Bristow Group during the 1st quarter worth about $522,000. Mackenzie Financial Corp lifted its holdings in Bristow Group by 18.7% during the 1st quarter. Mackenzie Financial Corp now owns 12,663 shares of the company’s stock valued at $400,000 after purchasing an additional 1,992 shares during the last quarter. Graham Capital Wealth Management LLC boosted its position in Bristow Group by 14.3% in the first quarter. Graham Capital Wealth Management LLC now owns 98,979 shares of the company’s stock valued at $3,126,000 after buying an additional 12,411 shares in the last quarter. Finally, Federated Hermes Inc. boosted its position in Bristow Group by 74.7% in the first quarter. Federated Hermes Inc. now owns 912 shares of the company’s stock valued at $29,000 after buying an additional 390 shares in the last quarter. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Bristow Group Stock Performance

Shares of Bristow Group stock opened at $36.99 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. The firm has a 50 day simple moving average of $38.06 and a 200 day simple moving average of $35.00. Bristow Group Inc. has a fifty-two week low of $25.11 and a fifty-two week high of $42.89. The firm has a market cap of $1.07 billion, a P/E ratio of 9.22 and a beta of 1.34.

Bristow Group (NYSE:VTOLGet Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.78. The firm had revenue of $386.29 million for the quarter, compared to analyst estimates of $400.00 million. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%. Bristow Group has set its FY 2026 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity

In related news, Director Lorin L. Brass sold 5,250 shares of Bristow Group stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $37.47, for a total value of $196,717.50. Following the completion of the sale, the director directly owned 26,705 shares in the company, valued at $1,000,636.35. This trade represents a 16.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maryanne Miller sold 1,800 shares of the company’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 transaction, the director owned 22,452 shares in the company, valued at approximately $861,483.24. The trade was a 7.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 13.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Bristow Group in a report on Wednesday, October 8th. Wall Street Zen raised Bristow Group from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Read Our Latest Research Report on VTOL

Bristow Group Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding VTOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristow Group Inc. (NYSE:VTOLFree Report).

Institutional Ownership by Quarter for Bristow Group (NYSE:VTOL)

Receive News & Ratings for Bristow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristow Group and related companies with MarketBeat.com's FREE daily email newsletter.