Corton Capital Inc. Takes Position in AirJoule Technologies Corporation $AIRJ

Corton Capital Inc. purchased a new stake in AirJoule Technologies Corporation (NASDAQ:AIRJ) in the 2nd quarter, Holdings Channel reports. The fund purchased 10,419 shares of the company’s stock, valued at approximately $48,000.

Other hedge funds have also modified their holdings of the company. Nisa Investment Advisors LLC acquired a new stake in shares of AirJoule Technologies in the 2nd quarter valued at approximately $29,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of AirJoule Technologies in the 1st quarter valued at approximately $46,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of AirJoule Technologies in the 1st quarter valued at approximately $50,000. Bank of America Corp DE lifted its holdings in shares of AirJoule Technologies by 8,851.2% in the 4th quarter. Bank of America Corp DE now owns 11,189 shares of the company’s stock valued at $89,000 after buying an additional 11,064 shares during the period. Finally, Belvedere Trading LLC acquired a new stake in shares of AirJoule Technologies in the 2nd quarter valued at approximately $81,000. 63.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of AirJoule Technologies in a report on Thursday, October 30th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.50.

AirJoule Technologies Stock Performance

Shares of AIRJ stock opened at $4.97 on Thursday. The stock has a fifty day moving average price of $5.04 and a 200 day moving average price of $4.73. The stock has a market cap of $300.39 million, a PE ratio of 9.38 and a beta of 0.45. AirJoule Technologies Corporation has a 1 year low of $3.74 and a 1 year high of $11.60.

AirJoule Technologies (NASDAQ:AIRJ) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.13. As a group, equities research analysts predict that AirJoule Technologies Corporation will post 4.97 earnings per share for the current year.

AirJoule Technologies Profile

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.