Old Dominion Freight Line (NASDAQ:ODFL) Shares 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 4th.

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 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.
• Purchased $1,001 – $15,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/4/2025.

Old Dominion Freight Line Trading Up 11.6 %

Shares of Old Dominion Freight Line stock opened at $165.49 on Thursday. Old Dominion Freight Line, Inc. has a 12-month low of $145.79 and a 12-month high of $233.26. The stock has a market cap of $35.17 billion, a P/E ratio of 30.20, a P/E/G ratio of 2.89 and a beta of 1.25. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $176.54 and its 200-day moving average is $191.09.

Old Dominion Freight Line (NASDAQ:ODFL) last posted its quarterly earnings results on Wednesday, February 5th. The transportation company reported $1.23 earnings per share for the quarter, beating 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%. Equities research analysts predict that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current fiscal year.

Old Dominion Freight Line Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were paid a $0.28 dividend. This is a boost from Old Dominion Freight Line’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, March 5th. This represents a $1.12 annualized dividend and a yield of 0.68%. Old Dominion Freight Line’s payout ratio is presently 18.98%.

Analyst Ratings Changes

A number of research analysts have commented on ODFL shares. Raymond James decreased their price objective on Old Dominion Freight Line from $215.00 to $190.00 and set an “outperform” rating on the stock in a report on Tuesday. Morgan Stanley set a $185.00 target price on Old Dominion Freight Line in a report on Wednesday, April 2nd. UBS Group reduced their target price on Old Dominion Freight Line from $196.00 to $158.00 and set a “neutral” rating on the stock in a report on Tuesday. Stephens reissued an “overweight” rating and set a $240.00 target price on shares of Old Dominion Freight Line in a report on Thursday, February 6th. Finally, Jefferies Financial Group reduced their target price on Old Dominion Freight Line from $195.00 to $165.00 and set a “hold” rating on the stock in a report on Wednesday. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $195.75.

Hedge Funds Weigh In On Old Dominion Freight Line

Institutional investors have recently added to or reduced their stakes in the business. American National Bank & Trust bought a new position in Old Dominion Freight Line during the 1st quarter worth approximately $30,000. Whipplewood Advisors LLC purchased a new position in shares of Old Dominion Freight Line in the 4th quarter valued at approximately $35,000. Itau Unibanco Holding S.A. increased its position in Old Dominion Freight Line by 518.9% during the 4th quarter. Itau Unibanco Holding S.A. now owns 229 shares of the transportation company’s stock valued at $40,000 after buying an additional 192 shares in the last quarter. Synergy Asset Management LLC bought a new position in Old Dominion Freight Line during the 4th quarter valued at approximately $41,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Old Dominion Freight Line during the 4th quarter valued at approximately $51,000. 77.82% of the stock is currently owned by institutional investors.

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.