Old Dominion Freight Line (NASDAQ:ODFL) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Old Dominion Freight Line stock on April 3rd.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/4/2025.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/4/2025.

Old Dominion Freight Line Stock Performance

Shares of ODFL opened at $148.34 on Wednesday. The stock has a 50 day moving average of $177.36 and a 200 day moving average of $191.48. The company has a market capitalization of $31.53 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 2.89 and a beta of 1.25. Old Dominion Freight Line, Inc. has a 12 month low of $145.96 and a 12 month high of $233.26. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01.

Old Dominion Freight Line (NASDAQ:ODFL) last released its earnings results on Wednesday, February 5th. The transportation company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.06. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. As a group, sell-side analysts forecast that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current year.

Old Dominion Freight Line Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Wednesday, March 5th. This is an increase from Old Dominion Freight Line’s previous quarterly dividend of $0.26. Old Dominion Freight Line’s payout ratio is presently 18.98%.

Hedge Funds Weigh In On Old Dominion Freight Line

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in shares of Old Dominion Freight Line by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 4,927,383 shares of the transportation company’s stock worth $870,311,000 after purchasing an additional 96,410 shares in the last quarter. Norges Bank bought a new stake in Old Dominion Freight Line during the fourth quarter valued at approximately $494,916,000. Capital World Investors grew its stake in Old Dominion Freight Line by 1.1% in the 4th quarter. Capital World Investors now owns 2,510,101 shares of the transportation company’s stock worth $442,784,000 after buying an additional 27,367 shares in the last quarter. Northern Trust Corp raised its position in shares of Old Dominion Freight Line by 15.2% during the 4th quarter. Northern Trust Corp now owns 1,983,857 shares of the transportation company’s stock valued at $349,952,000 after buying an additional 261,305 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Old Dominion Freight Line by 13.6% during the 4th quarter. First Trust Advisors LP now owns 1,547,441 shares of the transportation company’s stock worth $272,969,000 after acquiring an additional 185,500 shares during the last quarter. 77.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ODFL shares. Morgan Stanley set a $185.00 price target on shares of Old Dominion Freight Line in a report on Wednesday, April 2nd. Stephens restated an “overweight” rating and issued a $240.00 target price on shares of Old Dominion Freight Line in a research note on Thursday, February 6th. Jefferies Financial Group increased their price target on Old Dominion Freight Line from $185.00 to $190.00 and gave the stock a “hold” rating in a research note on Friday, January 10th. Evercore ISI boosted their price objective on Old Dominion Freight Line from $199.00 to $202.00 and gave the company an “in-line” rating in a research note on Thursday, February 6th. Finally, Susquehanna cut their target price on shares of Old Dominion Freight Line from $210.00 to $171.00 and set a “neutral” rating for the company in a research report on Monday, March 31st. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $197.00.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

About Old Dominion Freight Line

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.