Old Dominion Freight Line (ODFL) has experienced
surging options activity suggesting a potential strategic shift. Aberdeen Group plc and Quantum Capital Management LLC have a noteworthy stock position, and Northern Trust Corp, Osterweis Capital Management Inc, and Raymond James Financial Inc. have sold shares.
ODFL's defied freight market pressures with a 6.26% rally, demonstrating a resilient balance sheet and operational discipline. Several firms including Corient IA LLC, T. Rowe Price Investment Management Inc., OneAscent Investment Solutions LLC, and Partners Group Holding AG have purchased new stakes in
ODFL. National Pension Service and Vestmark Advisory Solutions Inc. have increased their positions. Conversely, stock sold by US Bancorp DE, and with a consensus recommendation of \"Hold\" by brokerages, suggests a mixed outlook.
ODFL Q2 profit slid 16.6% amidst market weakness, and it missed Q2 revenue estimates. In spite of a downturn,
ODFL's CEO remains confident in long-term growth. Amidst these challenges, Vertical Research upgraded
ODFL to a Buy rating.
Old Dominion Freight Line ODFL News Analytics from Mon, 23 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 19:56:28 GMT -
Rating -3
- Innovation 2
- Information 5
- Rumor -4
