Renaissance Technologies LLC Acquires 105,700 Shares of AirJoule Technologies Corporation $AIRJ

Renaissance Technologies LLC grew its stake in AirJoule Technologies Corporation (NASDAQ:AIRJ) by 36.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 393,200 shares of the company’s stock after purchasing an additional 105,700 shares during the quarter. Renaissance Technologies LLC’s holdings in AirJoule Technologies were worth $987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. bought a new stake in AirJoule Technologies during the second quarter worth about $31,000. Group One Trading LLC acquired a new position in shares of AirJoule Technologies during the 2nd quarter worth approximately $42,000. Abel Hall LLC bought a new stake in shares of AirJoule Technologies during the 4th quarter worth approximately $46,000. Fagan Associates Inc. bought a new stake in shares of AirJoule Technologies during the 4th quarter worth approximately $46,000. Finally, Invesco Ltd. acquired a new stake in shares of AirJoule Technologies in the 2nd quarter valued at approximately $50,000. Institutional investors and hedge funds own 63.65% of the company’s stock.

More AirJoule Technologies News

Here are the key news stories impacting AirJoule Technologies this week:

• Positive Sentiment: Kubota sales agreement: Kubota will serve as AirJoule’s exclusive sales channel for multi-unit residential developments in Texas and California. Two AirJoule Core systems are scheduled for deployment near Corpus Christi and Irvine beginning in the third quarter, providing a potentially important route to commercial revenue. AirJoule targets 2,000 liters per day as 2026 cash spend rises to $27M-$28M, backed by Kubota channel deal
• Positive Sentiment: Commercialization milestones: The company commissioned its first full-scale AirJoule Prime system and is targeting production of up to 2,000 liters of water per day using low-grade waste heat. It expects to ship the system to Europe for a data-center demonstration and is deploying Core systems in the UAE, including at Expo City Dubai. AirJoule Technologies Announces Second Quarter 2026 Results and Provides Business Update
• Positive Sentiment: Data-center and strategic validation: AirJoule completed an acceleration program involving companies including Google, Microsoft, Schneider Electric and Vertiv. An AirJoule Core system is also operating at GE Vernova’s research campus, supporting the company’s efforts to address data-center water and energy constraints. AirJoule Technologies Corporation Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Liquidity remains adequate: AirJoule ended the quarter with $41.4 million in cash, and management says available liquidity can fund operations and planned deployments into 2028. However, the company is still an early-stage commercialization business without established large-scale revenue.
• Negative Sentiment: Quarterly loss and increased spending: Second-quarter EPS was a loss of $0.12, below the $0.08 loss analysts expected. Net loss reached $8.5 million, while 2026 combined cash spending is now projected at $27 million-$28 million, up from approximately $25 million, reflecting higher commercialization costs. AirJoule quarterly earnings results

Analyst Ratings Changes

Several research firms recently weighed in on AIRJ. B. Riley Financial started coverage on shares of AirJoule Technologies in a research note on Thursday, April 30th. They issued a “buy” rating and a $6.00 target price for the company. HC Wainwright reiterated a “buy” rating and issued a $12.00 price target on shares of AirJoule Technologies in a research note on Monday, May 18th. Weiss Ratings upgraded shares of AirJoule Technologies from a “sell (e+)” rating to a “sell (d)” rating in a research note on Monday, May 18th. Finally, Seaport Research Partners assumed coverage on shares of AirJoule Technologies in a research note on Friday, May 8th. They issued a “buy” rating and a $7.00 target price for the company. One investment 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 stock. According to data from MarketBeat, AirJoule Technologies currently has an average rating of “Moderate Buy” and an average target price of $8.25.

AirJoule Technologies Stock Performance

Shares of AIRJ stock opened at $6.04 on Friday. AirJoule Technologies Corporation has a 52 week low of $2.22 and a 52 week high of $6.75. The company has a market capitalization of $437.30 million, a price-to-earnings ratio of -4.65 and a beta of 0.86. The company has a 50-day simple moving average of $4.74 and a 200 day simple moving average of $3.89.

AirJoule Technologies (NASDAQ:AIRJ) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.04). Sell-side analysts forecast that AirJoule Technologies Corporation will post -0.14 EPS 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.