Rep. Rick Larsen Sells Off Shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

Representative Rick Larsen (D-Washington) recently sold shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL). In a filing disclosed on October 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Old Dominion Freight Line stock on October 6th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zoetis (NYSE:ZTS) on 10/6/2025.
• Purchased $1,001 – $15,000 in shares of Walmart (NYSE:WMT) on 10/6/2025.
• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 10/6/2025.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 10/6/2025.
• Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 10/6/2025.

Old Dominion Freight Line Stock Down 0.0%

ODFL opened at $138.04 on Friday. The company has a market capitalization of $29.01 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 3.26 and a beta of 1.19. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.38 and a quick ratio of 1.38. Old Dominion Freight Line, Inc. has a fifty-two week low of $133.69 and a fifty-two week high of $233.26. The business has a 50-day moving average of $145.42 and a 200-day moving average of $154.64.

Old Dominion Freight Line (NASDAQ:ODFL) last released its quarterly earnings data on Wednesday, July 30th. The transportation company reported $1.27 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.02). The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.43 billion. Old Dominion Freight Line had a return on equity of 25.94% and a net margin of 19.42%.The company’s quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 EPS. Equities research analysts forecast that Old Dominion Freight Line, Inc. will post 5.68 EPS for the current fiscal year.

Old Dominion Freight Line Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, September 3rd were given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, September 3rd. Old Dominion Freight Line’s dividend payout ratio is presently 21.88%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ODFL. Robert W. Baird set a $148.00 price target on shares of Old Dominion Freight Line and gave the company a “neutral” rating in a report on Monday, August 4th. Jefferies Financial Group lowered their target price on shares of Old Dominion Freight Line from $160.00 to $155.00 and set a “hold” rating on the stock in a research report on Thursday, October 9th. Stephens reduced their price target on Old Dominion Freight Line from $186.00 to $174.00 and set an “overweight” rating for the company in a research report on Thursday, July 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Old Dominion Freight Line in a research note on Wednesday, October 8th. Finally, Vertical Research raised Old Dominion Freight Line from a “hold” rating to a “buy” rating and set a $170.00 price objective on the stock in a report on Thursday, July 31st. Eight research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $163.86.

Institutional Investors Weigh In On Old Dominion Freight Line

Several hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC boosted its stake in Old Dominion Freight Line by 48.7% during the 1st quarter. GAMMA Investing LLC now owns 3,109 shares of the transportation company’s stock valued at $514,000 after purchasing an additional 1,018 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Old Dominion Freight Line by 9.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,595 shares of the transportation company’s stock worth $2,911,000 after buying an additional 1,529 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Old Dominion Freight Line by 5.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,110 shares of the transportation company’s stock valued at $1,507,000 after acquiring an additional 443 shares during the period. Golden State Wealth Management LLC grew its stake in shares of Old Dominion Freight Line by 29.0% in the first quarter. Golden State Wealth Management LLC now owns 2,388 shares of the transportation company’s stock worth $395,000 after acquiring an additional 537 shares during the last quarter. Finally, Wilkinson Global Asset Management LLC increased its position in Old Dominion Freight Line by 6.0% during the first quarter. Wilkinson Global Asset Management LLC now owns 107,819 shares of the transportation company’s stock worth $17,839,000 after acquiring an additional 6,133 shares during the period. 77.82% of the stock is owned by institutional investors and hedge funds.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

Old Dominion Freight Line Company Profile

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.