Bump version for v1.16.120 release #431

Job	Run time
Run test and build (macos-14, aarch64-apple-darwin)	1m 15s
Run test and build (windows-latest, x86_64-pc-windows-msvc)	2m 11s
Run test and build (macos-15-intel, x86_64-apple-darwin)	3m 14s
Run test and build (macos-15, aarch64-apple-darwin)	1m 17s
Run test and build (ubuntu-latest, x86_64-unknown-linux-gnu)	1m 1s
Run test and build (ubuntu-24.04-arm, aarch64-unknown-linux-gnu)	56s
	9m 54s

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