Rep. Marjorie Taylor Greene Purchases Shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Old Dominion Freight Line, Inc. NASDAQ: ODFL. In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Old Dominion Freight Line stock on April 3rd.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of FedEx NYSE: FDX on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of NIKE NYSE: NKE on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 4/4/2025.

Old Dominion Freight Line Stock Down 2.9 %

Shares of Old Dominion Freight Line stock traded down $4.52 during midday trading on Friday, hitting $152.23. The company had a trading volume of 2,640,834 shares, compared to its average volume of 1,676,590. Old Dominion Freight Line, Inc. has a 52-week low of $145.79 and a 52-week high of $233.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a market capitalization of $32.36 billion, a P/E ratio of 27.78, a P/E/G ratio of 2.89 and a beta of 1.25. The company has a 50 day moving average of $175.40 and a 200 day moving average of $190.47.

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Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) last posted its earnings results on Wednesday, February 5th. The transportation company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.06. Old Dominion Freight Line had a net margin of 20.40% and a return on equity of 28.02%. On average, equities analysts predict that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current fiscal year.

Old Dominion Freight Line Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 0.74%. This is a positive change from Old Dominion Freight Line's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Wednesday, March 5th. Old Dominion Freight Line's dividend payout ratio (DPR) is presently 18.98%.

Wall Street Analysts Forecast Growth

ODFL has been the subject of several recent analyst reports. Barclays dropped their price target on Old Dominion Freight Line from $195.00 to $185.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 2nd. Bank of America dropped their target price on shares of Old Dominion Freight Line from $237.00 to $204.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Susquehanna reduced their price target on shares of Old Dominion Freight Line from $210.00 to $171.00 and set a "neutral" rating on the stock in a report on Monday, March 31st. Truist Financial began coverage on shares of Old Dominion Freight Line in a report on Thursday, March 13th. They set a "buy" rating and a $220.00 price objective for the company. Finally, Wells Fargo & Company reduced their target price on Old Dominion Freight Line from $185.00 to $160.00 and set an "underweight" rating on the stock in a report on Thursday, March 27th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Old Dominion Freight Line has a consensus rating of "Hold" and a consensus target price of $195.75.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Avanza Fonder AB acquired a new stake in shares of Old Dominion Freight Line in the fourth quarter valued at $3,741,000. AustralianSuper Pty Ltd bought a new stake in shares of Old Dominion Freight Line during the 4th quarter valued at $128,221,000. Toronto Dominion Bank increased its holdings in Old Dominion Freight Line by 77.7% in the third quarter. Toronto Dominion Bank now owns 98,061 shares of the transportation company's stock valued at $19,479,000 after purchasing an additional 42,880 shares during the last quarter. Blueshift Asset Management LLC acquired a new stake in shares of Old Dominion Freight Line in the 4th quarter valued at approximately $630,000. Finally, Board of the Pension Protection Fund bought a new position in shares of Old Dominion Freight Line during the fourth quarter worth $600,000. Institutional investors and hedge funds own 77.82% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.