Key Points
- Director sale: Maryanne Miller sold 2,200 shares on March 4 at an average price of $44.90 for $98,780, leaving her with 20,252 shares — a roughly 9.8% reduction in her holdings (SEC Form 4 filed).
- Quarterly results & dividend: Bristow reported EPS of $0.61 vs. $0.46 expected and revenue of $377.3M (slightly below estimates), and declared a quarterly dividend of $0.125 per share (ex‑dividend March 13, payable March 26), annualized to $0.50 (~1.1% yield).
- Market and analyst view: Shares trade near $44 with a market cap of about $1.29B and a 12‑month range of $25.11–$49.55, while analysts hold a consensus "Moderate Buy" and a $60 price target amid ~93% institutional ownership.
Bristow Group Inc. (NYSE:VTOL - Get Free Report) Director Maryanne Miller sold 2,200 shares of the firm's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $44.90, for a total transaction of $98,780.00. Following the transaction, the director directly owned 20,252 shares in the company, valued at approximately $909,314.80. This represents a 9.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Bristow Group Price Performance
Bristow Group stock traded down $0.25 during trading hours on Friday, reaching $44.31. 42,977 shares of the stock were exchanged, compared to its average volume of 205,682. Bristow Group Inc. has a twelve month low of $25.11 and a twelve month high of $49.55. The company has a market cap of $1.29 billion, a P/E ratio of 10.26 and a beta of 1.35. The company has a current ratio of 1.90, a quick ratio of 1.54 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average of $42.80 and a two-hundred day moving average of $39.46.
Bristow Group (NYSE:VTOL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.15. The company had revenue of $377.26 million for the quarter, compared to the consensus estimate of $380.33 million. Bristow Group had a net margin of 8.66% and a return on equity of 12.87%.
Bristow Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 13th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, March 13th.
Institutional Trading of Bristow Group
Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in shares of Bristow Group during the second quarter worth $25,000. Clearstead Advisors LLC boosted its stake in Bristow Group by 1,450.7% during the fourth quarter. Clearstead Advisors LLC now owns 1,070 shares of the company's stock worth $39,000 after buying an additional 1,001 shares during the period. Parkside Financial Bank & Trust lifted its stake in Bristow Group by 1,645.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,117 shares of the company's stock worth $41,000 after acquiring an additional 1,053 shares in the last quarter. Strs Ohio purchased a new stake in shares of Bristow Group during the 1st quarter worth $44,000. Finally, CWM LLC grew its holdings in shares of Bristow Group by 208.4% during the second quarter. CWM LLC now owns 1,351 shares of the company's stock worth $45,000 after purchasing an additional 913 shares during the last quarter. 93.29% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on VTOL shares. Wall Street Zen downgraded Bristow Group from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. Raymond James Financial began coverage on Bristow Group in a report on Tuesday, February 17th. They issued an "outperform" rating and a $60.00 price objective for the company. Zacks Research upgraded shares of Bristow Group to a "hold" rating in a research note on Thursday, February 19th. Weiss Ratings reissued a "buy (b-)" rating on shares of Bristow Group in a report on Wednesday, January 21st. Finally, JonesTrading assumed coverage on Bristow Group in a research note on Friday, January 23rd. They issued a "buy" rating on the stock. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Bristow Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $60.00.
Read Our Latest Report on Bristow Group
Bristow Group Company Profile
(
Get Free Report)
Bristow Group Inc is a global provider of helicopter services to the offshore energy industry and search-and-rescue (SAR) operations worldwide. The company specializes in the safe and efficient transport of personnel, equipment and supplies to offshore oil and gas platforms, as well as emergency response and medevac services. Bristow's operations support exploration, production and decommissioning activities, helping energy companies maintain continuity of production in some of the world's most challenging environments.
The company maintains a diverse fleet of turbine-powered helicopters, including medium- and heavy-lift aircraft such as the Sikorsky S-92, Airbus H225 (formerly EC225) and Leonardo AW189.
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