Vise Technologies Inc. Purchases Shares of 3,938 Old Dominion Freight Line, Inc. $ODFL

Posted by Geri Gentry on Aug 24th, 2026

Vise Technologies Inc. purchased a new stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,938 shares of the transportation company’s stock, valued at approximately $853,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. E Fund Management Co. Ltd. acquired a new stake in Old Dominion Freight Line in the 2nd quarter valued at approximately $1,733,000. Asahi Life Asset Management CO. LTD. acquired a new position in Old Dominion Freight Line during the 2nd quarter worth approximately $392,000. Csenge Advisory Group acquired a new position in Old Dominion Freight Line during the 2nd quarter worth approximately $256,000. Johnson Financial Group Inc. acquired a new position in Old Dominion Freight Line during the 2nd quarter worth approximately $2,155,000. Finally, one8zero8 LLC bought a new position in shares of Old Dominion Freight Line during the 2nd quarter worth approximately $499,000. 77.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ODFL shares. Susquehanna lifted their price objective 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. BMO Capital Markets restated an “outperform” rating and set a $230.00 target price on shares of Old Dominion Freight Line in a report on Thursday, June 4th. Argus raised their target price on shares of Old Dominion Freight Line from $220.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. UBS Group reiterated a “neutral” rating and issued a $228.00 price target (up from $224.00) on shares of Old Dominion Freight Line in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Old Dominion Freight Line from $197.00 to $234.00 and gave the stock a “neutral” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $226.55.

Check Out Our Latest Research Report on ODFL

Old Dominion Freight Line Stock Performance

NASDAQ:ODFL opened at $206.47 on Monday. The stock has a market capitalization of $42.81 billion, a PE ratio of 39.78, a P/E/G ratio of 3.59 and a beta of 1.18. Old Dominion Freight Line, Inc. has a 1-year low of $126.01 and a 1-year high of $252.03. The firm has a fifty day simple moving average of $220.21 and a 200 day simple moving average of $210.63.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The transportation company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.14. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.54 billion. Old Dominion Freight Line had a net margin of 19.44% and a return on equity of 24.87%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.27 earnings per share. On average, equities analysts predict that Old Dominion Freight Line, Inc. will post 5.78 earnings per share for the current fiscal year.

Old Dominion Freight Line Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, September 2nd will be paid a dividend of $0.29 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $1.16 annualized dividend and a dividend yield of 0.6%. Old Dominion Freight Line’s payout ratio is currently 22.35%.

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.