6,565 Shares in Old Dominion Freight Line, Inc. $ODFL Acquired by Town & Country Bank & Trust CO dba First Bankers Trust CO

05 Apr 2026, 11:44 by Tristan Rich · The Markets Daily

Town & Country Bank & Trust CO dba First Bankers Trust CO acquired a new position in shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm acquired 6,565 shares of the transportation company’s stock, valued at approximately $1,029,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ODFL. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Old Dominion Freight Line by 175.7% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 193 shares of the transportation company’s stock worth $27,000 after buying an additional 123 shares in the last quarter. Westside Investment Management Inc. lifted its stake in Old Dominion Freight Line by 100.0% in the third quarter. Westside Investment Management Inc. now owns 196 shares of the transportation company’s stock worth $27,000 after acquiring an additional 98 shares during the period. Raiffeisen Bank International AG purchased a new stake in Old Dominion Freight Line in the third quarter worth about $37,000. Caitong International Asset Management Co. Ltd bought a new position in Old Dominion Freight Line during the 3rd quarter worth about $55,000. Finally, Zions Bancorporation National Association UT grew its holdings in Old Dominion Freight Line by 273.5% during the 3rd quarter. Zions Bancorporation National Association UT now owns 437 shares of the transportation company’s stock worth $62,000 after acquiring an additional 320 shares in the last quarter. 77.82% of the stock is owned by institutional investors.

Old Dominion Freight Line Price Performance

NASDAQ:ODFL opened at $198.00 on Friday. Old Dominion Freight Line, Inc. has a 52 week low of $126.01 and a 52 week high of $221.63. The firm has a 50 day moving average of $191.79 and a 200 day moving average of $163.41. The stock has a market capitalization of $41.27 billion, a price-to-earnings ratio of 40.99, a PEG ratio of 4.18 and a beta of 1.20.

Old Dominion Freight Line (NASDAQ:ODFL – Get Free Report) last announced its earnings results on Wednesday, February 4th. The transportation company reported $1.09 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the previous year, the business earned $1.23 EPS. The firm’s revenue for the quarter was down 5.7% on a year-over-year basis. As a group, analysts expect that Old Dominion Freight Line, Inc. will post 5.68 EPS for the current year.

Old Dominion Freight Line Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were issued a $0.29 dividend. 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%. The ex-dividend date of this dividend was Wednesday, March 4th. Old Dominion Freight Line’s dividend payout ratio is 24.02%.

Insider Transactions at Old Dominion Freight Line

In related news, Chairman David S. Congdon sold 52,000 shares of Old Dominion Freight Line stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $194.77, for a total value of $10,128,040.00. Following the completion of the sale, the chairman directly owned 712,800 shares in the company, valued at $138,832,056. This trade represents a 6.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Earl E. Congdon sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $196.13, for a total transaction of $4,903,250.00. Following the sale, the insider directly owned 2,162,113 shares in the company, valued at approximately $424,055,222.69. This represents a 1.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 80,134 shares of company stock worth $15,640,132. Insiders own 10.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Bank of America set a $165.00 price target on shares of Old Dominion Freight Line in a report on Thursday, December 18th. Robert W. Baird lowered shares of Old Dominion Freight Line from a “neutral” rating to an “underperform” rating and lifted their price objective for the company from $166.00 to $204.00 in a report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price objective on shares of Old Dominion Freight Line from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Stifel Nicolaus set a $217.00 price target on Old Dominion Freight Line in a research report on Thursday, February 5th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $195.00 price objective on shares of Old Dominion Freight Line in a research note on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Old Dominion Freight Line currently has an average rating of “Hold” and a consensus target price of $191.13.

View Our Latest Research Report on Old Dominion Freight Line

Old Dominion Freight Line Company 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.