12,375 Shares in Montana Technologies Co. (NASDAQ:AIRJ) Bought by Heritage Financial Services LLC

Heritage Financial Services LLC acquired a new stake in shares of Montana Technologies Co. (NASDAQ:AIRJ) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 12,375 shares of the company’s stock, valued at approximately $99,000.

A number of other hedge funds have also added to or reduced their stakes in AIRJ. Geode Capital Management LLC raised its position in shares of Montana Technologies by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 187,105 shares of the company’s stock worth $1,086,000 after acquiring an additional 4,905 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Montana Technologies in the third quarter worth $508,000. HighTower Advisors LLC bought a new position in Montana Technologies in the third quarter worth $342,000. Charles Schwab Investment Management Inc. lifted its position in Montana Technologies by 14.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company’s stock valued at $404,000 after buying an additional 8,714 shares during the period. Finally, Quarry LP bought a new stake in shares of Montana Technologies during the 2nd quarter valued at $81,000. 63.65% of the stock is owned by hedge funds and other institutional investors.

Montana Technologies Price Performance

AIRJ stock opened at $8.10 on Friday. The business’s 50-day moving average is $8.57 and its two-hundred day moving average is $7.62. Montana Technologies Co. has a fifty-two week low of $4.94 and a fifty-two week high of $49.11.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright assumed coverage on Montana Technologies in a research note on Friday, December 20th. They issued a “buy” rating and a $12.00 price target on the stock.

Montana 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.