What Makes Old Dominion Freight Line (ODFL) an Investment Bet?

ClearBridge Investments, an investment management company, released its “ClearBridge Dividend Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter showed strong performance for the stock market and ClearBridge Dividend Strategy. Although the strategy lagged its S&P 500 Index benchmark in the quarter, it gained from its exposure to AI. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, ClearBridge Dividend Strategy highlighted stocks such as Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is a less-than-truckload motor carrier that provides regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. The one-month return of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) was -3.38%, and its shares lost 27.30% of their value over the last 52 weeks. On October 7, 2025, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) stock closed at $141.36 per share, with a market capitalization of $29.709 billion.

ClearBridge Dividend Strategy stated the following regarding Old Dominion Freight Line, Inc. (NASDAQ:ODFL) in its third quarter 2025 investor letter:

“We initiated new positions in global insurance broker Marsh & McLennan, and Old Dominion Freight Line, Inc. (NASDAQ:ODFL), a less-than-truckload (LTL) shipping company. Old Dominion Freight Line is a best-in-class industrial company with a pristine balance sheet, strong profitability and fabulous returns. Earnings are currently burdened by a weak volume environment, providing an attractive entry point.”

Is Old Dominion Freight Line, Inc. (ODFL) the Best Buy-the-Dip Stock to Buy Now?

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 51 hedge fund portfolios held Old Dominion Freight Line, Inc. (NASDAQ:ODFL) at the end of the second quarter, up from 33 in the previous quarter. While we acknowledge the risk and potential of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Old Dominion Freight Line, Inc. (NASDAQ:ODFL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Old Dominion Freight Line, Inc. (NASDAQ:ODFL) and shared the list of best freight stocks to invest in. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.