Corient Private Wealth LLC Purchases 137,337 Shares of AirJoule Technologies Corporation $AIRJ

Corient Private Wealth LLC raised its position in shares of AirJoule Technologies Corporation (NASDAQ:AIRJ) by 8.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,788,563 shares of the company’s stock after acquiring an additional 137,337 shares during the period. Corient Private Wealth LLC owned approximately 2.95% of AirJoule Technologies worth $7,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in AirJoule Technologies by 16.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 24,113 shares of the company’s stock valued at $95,000 after purchasing an additional 3,323 shares in the last quarter. Barclays PLC increased its holdings in shares of AirJoule Technologies by 11.1% in the 4th quarter. Barclays PLC now owns 37,506 shares of the company’s stock worth $148,000 after buying an additional 3,760 shares during the last quarter. Group One Trading LLC increased its stake in AirJoule Technologies by 45.6% during the third quarter. Group One Trading LLC now owns 13,100 shares of the company’s stock worth $61,000 after acquiring an additional 4,100 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in AirJoule Technologies during the second quarter valued at approximately $31,000. Finally, UBS Group AG raised its position in AirJoule Technologies by 5.6% during the third quarter. UBS Group AG now owns 138,678 shares of the company’s stock valued at $650,000 after purchasing an additional 7,374 shares during the period. 63.65% of the stock is currently owned by institutional investors.

AirJoule Technologies Stock Performance

AirJoule Technologies stock opened at $4.72 on Friday. AirJoule Technologies Corporation has a fifty-two week low of $2.22 and a fifty-two week high of $6.75. The company has a 50 day moving average price of $4.06 and a 200-day moving average price of $3.60. The company has a market capitalization of $341.73 million, a PE ratio of -4.14 and a beta of 0.88.

AirJoule Technologies (NASDAQ:AIRJ) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.68). On average, analysts forecast that AirJoule Technologies Corporation will post -0.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Seaport Research Partners initiated coverage on AirJoule Technologies in a report on Friday, May 8th. They issued a “buy” rating and a $7.00 target price for the company. Weiss Ratings upgraded AirJoule Technologies from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, May 18th. B. Riley Financial assumed coverage on AirJoule Technologies in a research report on Thursday, April 30th. They issued a “buy” rating and a $6.00 price target for the company. Finally, HC Wainwright reiterated a “buy” rating and set a $12.00 price objective on shares of AirJoule Technologies in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $8.25.

About AirJoule Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.