Old Dominion Freight Line, Inc. $ODFL is Quantum Capital Management LLC NJ’s Largest Position

Posted by George Bondi on Jul 23rd, 2026

Quantum Capital Management LLC NJ decreased its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) by 38.4% in the first quarter, HoldingsChannel reports. The firm owned 375,972 shares of the transportation company’s stock after selling 233,965 shares during the period. Old Dominion Freight Line accounts for 9.4% of Quantum Capital Management LLC NJ’s holdings, making the stock its biggest position. Quantum Capital Management LLC NJ’s holdings in Old Dominion Freight Line were worth $73,465,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ODFL. Annis Gardner Whiting Capital Advisors LLC raised its holdings in 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 buying an additional 62 shares during the period. Evolution Wealth Management Inc. purchased a new stake in Old Dominion Freight Line during the first quarter valued at about $29,000. Reflection Asset Management acquired a new position in shares of Old Dominion Freight Line in the fourth quarter worth about $28,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of Old Dominion Freight Line in the first quarter worth about $39,000. Finally, DT Investment Partners LLC increased its position in shares of Old Dominion Freight Line by 600.0% in the fourth 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. Hedge funds and other institutional investors own 77.82% of the company’s stock.

Insider Transactions at Old Dominion Freight Line

In other Old Dominion Freight Line news, Director Greg C. Gantt sold 22,107 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $191.52, for a total value of $4,233,932.64. Following the completion of the sale, the director owned 88,551 shares in the company, valued at $16,959,287.52. This represents a 19.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.00% of the stock is currently owned by insiders.

Old Dominion Freight Line Price Performance

NASDAQ:ODFL opened at $232.80 on Thursday. The stock has a market cap of $48.42 billion, a PE ratio of 48.70, a price-to-earnings-growth ratio of 4.24 and a beta of 1.18. Old Dominion Freight Line, Inc. has a fifty-two week low of $126.01 and a fifty-two week high of $252.03. The stock’s 50-day moving average is $224.26 and its two-hundred day moving average is $204.07.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last posted its quarterly 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 business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Old Dominion Freight Line had a net margin of 18.46% and a return on equity of 23.42%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.19 earnings per share. On average, equities research analysts anticipate that Old Dominion Freight Line, Inc. will post 5.56 earnings per share for the current year.

Old Dominion Freight Line Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, June 3rd. Old Dominion Freight Line’s dividend payout ratio is currently 24.27%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ODFL shares. Jefferies Financial Group boosted their price target on shares of Old Dominion Freight Line from $230.00 to $250.00 and gave the company a “hold” rating in a report on Tuesday, June 9th. Stifel Nicolaus set a $256.00 price objective on shares of Old Dominion Freight Line and gave the stock a “buy” rating in a research note on Tuesday. Rothschild & Co Redburn lowered their price objective on shares of Old Dominion Freight Line from $176.00 to $172.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Raymond James Financial reissued an “outperform” rating and set a $241.00 target price (up from $224.00) on shares of Old Dominion Freight Line in a research note on Monday, July 13th. Finally, Stephens restated an “overweight” rating and issued a $240.00 target price (up from $232.00) on shares of Old Dominion Freight Line in a report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Old Dominion Freight Line has an average rating of “Hold” and an average price target of $223.04.

Check Out Our Latest Report on Old Dominion Freight Line

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.