Renaissance Technologies LLC Has $987,000 Stock Position in AirJoule Technologies Corporation $AIRJ

Renaissance Technologies LLC increased its position in shares of AirJoule Technologies Corporation (NASDAQ:AIRJ) by 36.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 393,200 shares of the company’s stock after buying an additional 105,700 shares during the period. Renaissance Technologies LLC owned 0.57% of AirJoule Technologies worth $987,000 at the end of the most recent reporting period.

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

AirJoule Technologies Price Performance

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

AirJoule Technologies (NASDAQ:AIRJ) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.04). Equities research analysts anticipate that AirJoule Technologies Corporation will post -0.14 earnings per share for the current year.

Analyst Ratings Changes

AIRJ has been the topic of several recent research reports. B. Riley Financial started coverage on shares of AirJoule Technologies in a research report on Thursday, April 30th. They set a “buy” rating and a $6.00 target price on the stock. Seaport Research Partners began coverage on shares of AirJoule Technologies in a research report on Friday, May 8th. They issued a “buy” rating and a $7.00 price target for the company. HC Wainwright reaffirmed a “buy” rating and set a $12.00 price objective on shares of AirJoule Technologies in a report on Monday, May 18th. Finally, Weiss Ratings upgraded AirJoule Technologies from a “sell (e+)” rating to a “sell (d)” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, AirJoule Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $8.25.

Key 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

AirJoule Technologies Company 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.