South Dakota Funding Council disclosed a sale of 801,900 Bristow Group (NYSE:VTOL) shares in its Might 18, 2026, SEC submitting, with estimated commerce worth at $35.24 million primarily based on common quarterly pricing.
What occurred
In accordance with a Securities and Change Fee (SEC) submitting dated Might 18, 2026, South Dakota Funding Council decreased its holding in Bristow Group (NYSE:VTOL) by 801,900 shares. The estimated worth of the shares offered was $35.24 million, calculated utilizing the typical closing worth for the primary quarter of 2026. The fund’s quarter-end place worth decreased by $9.18 million, reflecting each share gross sales and worth modifications.
What else to know
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After this sale, Bristow Group represented 1.8% of South Dakota Funding Council’s 13F reportable belongings
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High 5 holdings after the submitting:
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NYSEMKT:VWO: $575.20 million (11.0% of AUM)
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NYSEMKT:AGG: $324.85 million (6.2% of AUM)
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NASDAQ:NVDA: $215.10 million (4.1% of AUM)
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NASDAQ:AAPL: $190.27 million (3.6% of AUM)
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NASDAQ:MSFT: $170.74 million (3.3% of AUM)
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As of Friday, Bristow Group shares had been priced at $41.64, up 40% over the previous yr and nicely outperforming the S&P 500, which is as a substitute up about 28%.
Firm Overview
|
Metric |
Worth |
|---|---|
|
Income (TTM) |
$1.53 billion |
|
Web Earnings (TTM) |
$114.82 million |
|
Dividend Yield |
1% |
|
Value (as of Friday) |
$41.64 |
Firm Snapshot
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Bristow Group offers aviation providers, together with helicopter and stuck wing transportation, industrial search and rescue, and offshore vitality help.
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The agency generates income primarily by means of contracts with built-in, nationwide, and impartial offshore vitality firms, providing mission-critical transportation and help providers.
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Its essential clients are offshore oil and gasoline firms, in addition to authorities and industrial shoppers requiring specialised aviation options.
Bristow Group Inc. is a number one supplier of aviation providers to the worldwide offshore vitality sector, with a major fleet and a presence throughout a number of continents. The corporate leverages its operational scale and experience to ship dependable, safety-focused transportation and help options for complicated, mission-critical environments. Its diversified service choices and established consumer relationships underpin its aggressive place throughout the oil and gasoline tools and providers business.
What this transaction means for traders
Bristow’s inventory has climbed 40% over the previous yr, and the corporate is coming off what administration referred to as a “transformational yr” pushed by rising protection spending, vitality safety considerations, and rising curiosity in next-generation electrical plane. CEO Chris Bradshaw stated the corporate sees compelling progress alternatives tied to all three traits.
In the meantime, the underlying enterprise continues to make progress. First-quarter income elevated to $388.7 million from $377.3 million within the prior quarter, whereas working earnings improved to $34.7 million. Bristow additionally reaffirmed its 2026 adjusted EBITDA outlook of $295 million to $325 million, and the corporate ended March with $342.1 million of unrestricted money and complete liquidity of $393.6 million, giving administration flexibility to take a position whereas persevering with to return capital by means of its quarterly dividend.
In the end, for long-term traders, it’s extra essential to observe Bristow’s increasing publicity to authorities providers and offshore vitality markets than any single fund’s resolution to trim its place.