Harvest Fund Management Co. Ltd Purchases 2,713 Shares of Old Dominion Freight Line, Inc. $ODFL

Posted by Geri Gentry on Jun 6th, 2026

Harvest Fund Management Co. Ltd increased its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) by 21.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,612 shares of the transportation company’s stock after purchasing an additional 2,713 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Old Dominion Freight Line were worth $2,447,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ODFL. JPMorgan Chase & Co. increased its stake in shares of Old Dominion Freight Line by 21.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,544,588 shares of the transportation company’s stock valued at $499,007,000 after purchasing an additional 622,275 shares during the last quarter. Wilson Asset Management International PTY Ltd. bought a new position in shares of Old Dominion Freight Line in the 3rd quarter valued at $4,307,000. Citigroup Inc. increased its stake in shares of Old Dominion Freight Line by 46.4% in the 3rd quarter. Citigroup Inc. now owns 1,040,681 shares of the transportation company’s stock valued at $146,507,000 after purchasing an additional 329,895 shares during the last quarter. Value Partners Investments Inc. increased its stake in shares of Old Dominion Freight Line by 38.7% in the 4th quarter. Value Partners Investments Inc. now owns 20,103 shares of the transportation company’s stock valued at $3,157,000 after purchasing an additional 5,610 shares during the last quarter. Finally, Quantum Capital Management LLC NJ increased its stake in shares of Old Dominion Freight Line by 26.2% in the 3rd quarter. Quantum Capital Management LLC NJ now owns 594,391 shares of the transportation company’s stock valued at $83,678,000 after purchasing an additional 123,271 shares during the last quarter. Institutional investors own 77.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ODFL shares. Evercore set a $219.00 price target on Old Dominion Freight Line in a research note on Thursday, April 30th. Jefferies Financial Group lifted their price target on Old Dominion Freight Line from $210.00 to $230.00 and gave the company a “hold” rating in a research note on Wednesday, April 22nd. Zacks Research upgraded Old Dominion Freight Line from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 10th. Argus upgraded Old Dominion Freight Line from a “hold” rating to a “buy” rating and set a $220.00 price target on the stock in a research note on Thursday, February 12th. Finally, TD Cowen reiterated a “hold” rating on shares of Old Dominion Freight Line in a research note on Wednesday. Eight research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $208.33.

View Our Latest Stock Analysis on ODFL

Insider Buying and Selling

In other Old Dominion Freight Line news, Director Greg C. Gantt sold 22,107 shares of Old Dominion Freight Line stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $191.52, for a total transaction of $4,233,932.64. Following the transaction, the director directly owned 88,551 shares of the company’s stock, valued at approximately $16,959,287.52. The trade was a 19.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.00% of the company’s stock.

Old Dominion Freight Line Stock Down 1.2%

NASDAQ ODFL opened at $242.57 on Friday. Old Dominion Freight Line, Inc. has a twelve month low of $126.01 and a twelve month high of $249.14. The company has a market cap of $50.45 billion, a price-to-earnings ratio of 50.75, a price-to-earnings-growth ratio of 4.98 and a beta of 1.17. The business’s fifty day moving average is $209.88 and its 200 day moving average is $185.49.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The transportation company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.09. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Old Dominion Freight Line had a return on equity of 23.42% and a net margin of 18.46%.Old Dominion Freight Line’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter last year, the business posted $1.19 EPS. On average, research analysts anticipate that Old Dominion Freight Line, Inc. will post 5.37 earnings per share for the current fiscal year.

Old Dominion Freight Line Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, June 3rd. This represents a $1.16 annualized dividend and a yield of 0.5%. Old Dominion Freight Line’s payout ratio is presently 24.27%.

Old Dominion Freight Line Profile

(Free Report)

Old Dominion Freight Line is a U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services. Founded in 1934 and headquartered in Thomasville, North Carolina, the company has grown from a regional carrier into a national freight network, operating a broad system of service centers and terminals to move shipments for shippers of varying sizes and industries.

The company’s core business is LTL trucking, offering scheduled pickup and delivery for palletized freight that does not require a full truckload.