Hantz Financial Services Inc. Increases Holdings in Old Dominion Freight Line, Inc. $ODFL

Hantz Financial Services Inc. raised its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 1,060.5% during the third quarter, HoldingsChannel reports. The fund owned 14,158 shares of the transportation company’s stock after buying an additional 12,938 shares during the period. Hantz Financial Services Inc.’s holdings in Old Dominion Freight Line were worth $1,993,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new stake in Old Dominion Freight Line during the 2nd quarter valued at about $371,961,000. First Trust Advisors LP grew its holdings in shares of Old Dominion Freight Line by 63.8% during the second quarter. First Trust Advisors LP now owns 1,521,054 shares of the transportation company’s stock valued at $246,867,000 after buying an additional 592,605 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Old Dominion Freight Line by 20.3% during the second quarter. JPMorgan Chase & Co. now owns 2,922,313 shares of the transportation company’s stock valued at $474,292,000 after buying an additional 492,563 shares during the last quarter. Fisher Funds Management LTD bought a new stake in shares of Old Dominion Freight Line during the third quarter valued at approximately $65,951,000. Finally, Citigroup Inc. increased its position in shares of Old Dominion Freight Line by 149.5% during the second quarter. Citigroup Inc. now owns 710,786 shares of the transportation company’s stock valued at $115,360,000 after acquiring an additional 425,846 shares in the last quarter. 77.82% of the stock is currently owned by institutional investors.

Key Stories Impacting Old Dominion Freight Line

Here are the key news stories impacting Old Dominion Freight Line this week:

• Positive Sentiment: Q4 results beat EPS expectations and management raised the quarterly dividend (3.6% increase); company highlighted pricing power and a 76.7% operating ratio, which underpin longer‑term profitability. Conference Release
• Positive Sentiment: Some brokers raised price targets after the quarter (e.g., Morgan Stanley moved its target higher), which helped earlier upside momentum before the pullback. Morgan Stanley PT Hike
• Neutral Sentiment: Top-line dynamics are mixed — revenue beat estimates narrowly ($1.307B vs ~$1.298B) but revenue was down ~5.7% Y/Y and LTL tons per day fell ~10.7%, pointing to weak freight demand that could limit near‑term growth. Q4 Details
• Neutral Sentiment: Regional economic commentary (Old Dominion University) flags headwinds for Virginia/Hampton Roads growth in 2026 — contextual macro risk for regional freight demand. Regional Forecast
• Negative Sentiment: Several analysts issued cautious/negative stances or set price targets below the current share price (e.g., JPMorgan PT $168 neutral; Wells Fargo PT $165 underweight), creating headline pressure and signaling limited near‑term upside in sell‑side expectations. Analyst Notes
• Negative Sentiment: Robert W. Baird downgraded ODFL to underperform (even as it bumped its PT), and other negative/downgrade headlines (reported on MSN/Benzinga) amplified investor caution after the earnings release. Baird Downgrade

Wall Street Analyst Weigh In

Several analysts have commented on the company. BMO Capital Markets upgraded Old Dominion Freight Line from a “market perform” rating to an “outperform” rating and cut their target price for the company from $172.00 to $170.00 in a research note on Monday, December 1st. Bank of America upped their price target on Old Dominion Freight Line from $147.00 to $149.00 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. Benchmark reaffirmed a “hold” rating on shares of Old Dominion Freight Line in a research report on Wednesday, December 3rd. Cantor Fitzgerald set a $165.00 target price on Old Dominion Freight Line in a research report on Thursday, December 18th. Finally, Zacks Research cut shares of Old Dominion Freight Line from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 8th. Nine equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, Old Dominion Freight Line presently has an average rating of “Hold” and a consensus price target of $180.67.

Old Dominion Freight Line Stock Performance

Old Dominion Freight Line stock opened at $202.14 on Friday. Old Dominion Freight Line, Inc. has a one year low of $126.01 and a one year high of $209.61. The stock has a fifty day moving average of $165.35 and a 200 day moving average of $151.50. The stock has a market cap of $42.27 billion, a PE ratio of 41.85, a price-to-earnings-growth ratio of 10.38 and a beta of 1.28.

Old Dominion Freight Line (NASDAQ:ODFL) last released its quarterly earnings results on Wednesday, February 4th. The transportation company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. Old Dominion Freight Line had a return on equity of 24.03% and a net margin of 18.62%.The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the previous year, the company posted $1.23 EPS. The business’s quarterly revenue was down 5.7% compared to the same quarter last year. As a group, sell-side analysts predict that Old Dominion Freight Line, Inc. will post 5.68 EPS for the current fiscal year.

Old Dominion Freight Line Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.29 dividend. The ex-dividend date is Wednesday, March 4th. This is a boost from Old Dominion Freight Line’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a yield of 0.6%. Old Dominion Freight Line’s payout ratio is 22.54%.

Old Dominion Freight Line Profile

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.