Old Dominion Freight Line, Inc. $ODFL Shares Sold by Pacer Advisors Inc.

Posted by Geri Gentry on Aug 7th, 2026

Pacer Advisors Inc. cut its position in Old Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) by 45.4% during the first quarter, HoldingsChannel reports. The firm owned 16,646 shares of the transportation company’s stock after selling 13,823 shares during the quarter. Pacer Advisors Inc.’s holdings in Old Dominion Freight Line were worth $3,253,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Old Dominion Freight Line by 80.5% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 139 shares of the transportation company’s stock worth $27,000 after acquiring an additional 62 shares in the last quarter. Reflection Asset Management purchased a new position in shares of Old Dominion Freight Line in the 4th quarter valued at about $28,000. Evolution Wealth Management Inc. acquired a new stake in shares of Old Dominion Freight Line during the 1st quarter worth about $29,000. DT Investment Partners LLC raised its position in shares of Old Dominion Freight Line by 600.0% during the 4th quarter. DT Investment Partners LLC now owns 210 shares of the transportation company’s stock worth $33,000 after acquiring an additional 180 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in Old Dominion Freight Line during the first quarter worth approximately $39,000. 77.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $245.00 price target (up from $235.00) on shares of Old Dominion Freight Line in a research note on Monday, July 6th. Truist Financial boosted their price objective on shares of Old Dominion Freight Line from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Susquehanna upped their target price on shares of Old Dominion Freight Line from $224.00 to $228.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Old Dominion Freight Line in a research note on Friday, July 10th. Finally, Rothschild & Co Redburn reduced their price target on shares of Old Dominion Freight Line from $176.00 to $172.00 and set a “sell” rating for the company in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $226.55.

Check Out Our Latest Stock Analysis on ODFL

Old Dominion Freight Line Trading Down 1.9%

Shares of ODFL opened at $211.41 on Friday. The firm has a market cap of $43.97 billion, a PE ratio of 40.73, a price-to-earnings-growth ratio of 3.74 and a beta of 1.18. The company’s 50 day simple moving average is $226.58 and its 200-day simple moving average is $207.92. Old Dominion Freight Line, Inc. has a 12-month low of $126.01 and a 12-month high of $252.03.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.54 by $0.14. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.54 billion. Old Dominion Freight Line had a net margin of 19.44% and a return on equity of 24.87%. Old Dominion Freight Line’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.27 EPS. As a group, equities research analysts forecast that Old Dominion Freight Line, Inc. will post 5.78 EPS for the current fiscal year.

Old Dominion Freight Line Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, September 2nd will be paid a $0.29 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $1.16 dividend on an annualized basis and a yield of 0.5%. Old Dominion Freight Line’s payout ratio is currently 22.35%.

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.