Heritage Financial Services LLC Acquires Shares of 12,375 Montana Technologies Co. (NASDAQ:AIRJ)

Heritage Financial Services LLC purchased a new position in Montana Technologies Co. (NASDAQ:AIRJ) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 12,375 shares of the company’s stock, valued at approximately $99,000.

Other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its holdings in shares of Montana Technologies by 2.7% in the third quarter. Geode Capital Management LLC now owns 187,105 shares of the company’s stock valued at $1,086,000 after purchasing an additional 4,905 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Montana Technologies in the 3rd quarter worth about $508,000. HighTower Advisors LLC bought a new stake in shares of Montana Technologies during the 3rd quarter worth approximately $342,000. Charles Schwab Investment Management Inc. lifted its position in shares of Montana Technologies by 14.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company’s stock worth $404,000 after purchasing an additional 8,714 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of Montana Technologies during the second quarter valued at $81,000. Hedge funds and other institutional investors own 63.65% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, HC Wainwright began coverage on shares of Montana Technologies in a report on Friday, December 20th. They set a “buy” rating and a $12.00 price objective for the company.

Montana Technologies Price Performance

AIRJ opened at $8.10 on Friday. Montana Technologies Co. has a 12-month low of $4.94 and a 12-month high of $49.11. The business’s fifty day simple moving average is $8.57 and its 200-day simple moving average is $7.62.

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.