Peterson Wealth Services Acquires 16,395 Shares of Old Dominion Freight Line, Inc. $ODFL

Posted by Francis Steltz on Jun 12th, 2026

Peterson Wealth Services lifted its holdings in shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) by 988.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,053 shares of the transportation company’s stock after purchasing an additional 16,395 shares during the period. Peterson Wealth Services’ holdings in Old Dominion Freight Line were worth $2,831,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Old Dominion Freight Line by 2.2% during the third quarter. Vanguard Group Inc. now owns 23,252,921 shares of the transportation company’s stock worth $3,273,546,000 after purchasing an additional 494,674 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Old Dominion Freight Line by 21.6% during the third quarter. CIBC Private Wealth Group LLC now owns 4,366,843 shares of the transportation company’s stock worth $614,764,000 after purchasing an additional 776,004 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Old Dominion Freight Line by 21.3% during the third quarter. JPMorgan Chase & Co. now owns 3,544,588 shares of the transportation company’s stock worth $499,007,000 after purchasing an additional 622,275 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Old Dominion Freight Line by 23.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,314,157 shares of the transportation company’s stock worth $519,660,000 after purchasing an additional 639,769 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Old Dominion Freight Line during the fourth quarter worth $444,983,000. Institutional investors own 77.82% of the company’s stock.

Insider Transactions at Old Dominion Freight Line

In related news, Director Greg C. Gantt sold 22,107 shares of Old Dominion Freight Line stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $191.52, for a total value of $4,233,932.64. Following the sale, the director owned 88,551 shares of the company’s stock, valued at approximately $16,959,287.52. This trade represents 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 hyperlink. Corporate insiders own 10.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Stephens restated an “overweight” rating and set a $240.00 target price (up from $232.00) on shares of Old Dominion Freight Line in a report on Thursday, April 30th. UBS Group raised their price target on Old Dominion Freight Line from $202.00 to $216.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Barclays set a $210.00 price target on Old Dominion Freight Line and gave the company an “equal weight” rating in a report on Thursday, April 30th. Evercore set a $219.00 price target on Old Dominion Freight Line in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Old Dominion Freight Line in a report on Tuesday, April 14th. Eight analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Old Dominion Freight Line has an average rating of “Hold” and an average target price of $215.43.

Check Out Our Latest Research Report on Old Dominion Freight Line

Old Dominion Freight Line Trading Up 5.0%

Shares of ODFL opened at $247.76 on Friday. Old Dominion Freight Line, Inc. has a 1 year low of $126.01 and a 1 year high of $252.03. The stock has a market cap of $51.53 billion, a P/E ratio of 51.83, a price-to-earnings-growth ratio of 4.78 and a beta of 1.17. The stock’s 50-day moving average price is $214.24 and its two-hundred day moving average price is $189.13.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last issued its earnings results on Wednesday, April 29th. The transportation company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.09. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Old Dominion Freight Line had a return on equity of 23.42% and a net margin of 18.46%.The company’s revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.19 earnings per share. As a group, equities analysts forecast that Old Dominion Freight Line, Inc. will post 5.38 EPS for the current year.

Old Dominion Freight Line Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, June 3rd. Old Dominion Freight Line’s dividend payout ratio (DPR) is currently 24.27%.

About Old Dominion Freight Line

(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.