OR Royalties Inc. $OR reported a strong top-line performance in Q2 2026, with revenue rising $97.8 million, up 62.1% year over year. Gross profit also climbed sharply to $82.2 million, while operating profit increased to $75.3 million, reflecting continued momentum in the business.
Profitability, however, was mixed at the bottom line. Net income attributable to common shareholders came in at $61.4 million, while diluted earnings per share were $0.33. Operating cash flow remained healthy at $83.2 million, suggesting the company continued to generate solid cash from its core operations.
- Revenue: $97.8 million, up 62.1% year over year
- Gross profit: $82.2 million, up 63.8%
- Operating profit: $75.3 million, up 81.8%
- Operating cash flow: $83.2 million, up 61.9%
- Cash and cash equivalents: $75.6 million, up 52.4%
The balance sheet showed higher liquidity, with cash and cash equivalents reaching $75.6 million. Total liabilities also increased to $420.5 million, reflecting a much larger year-over-year rise in obligations. Capital spending remained substantial, with purchases of property, plant and equipment totaling $425.9 million.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
OR Royalties Inc. Hedge Fund Activity
We have seen 112 institutional investors add shares of OR Royalties Inc. stock to their portfolio, and 109 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VAN ECK ASSOCIATES CORP removed 1,794,705 shares (-14.6%) from their portfolio in Q1 2026, for an estimated $68,234,684
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,524,617 shares (-14.0%) from their portfolio in Q1 2026, for an estimated $57,965,938
- FMR LLC removed 1,452,725 shares (-30.6%) from their portfolio in Q1 2026, for an estimated $55,232,604
- CAPITAL WORLD INVESTORS added 1,450,134 shares (+inf%) to their portfolio in Q1 2026, for an estimated $55,134,094
- MACKENZIE FINANCIAL CORP removed 1,232,845 shares (-37.4%) from their portfolio in Q1 2026, for an estimated $46,872,766
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,157,626 shares (-23.9%) from their portfolio in Q1 2026, for an estimated $44,012,940
- TWO SIGMA INVESTMENTS, LP added 1,052,651 shares (+78.6%) to their portfolio in Q1 2026, for an estimated $40,021,791
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
OR Royalties Inc. Price Targets
Multiple analysts have issued price targets for $OR recently. We have seen 3 analysts offer price targets for $OR in the last 6 months, with a median target of $45.0.
Here are some recent targets:
- Josh Wolfson from RBC Capital set a target price of $45.0 on 07/09/2026
- Fahad Tariq from Jefferies set a target price of $34.0 on 07/06/2026
- Derick Ma from TD Cowen set a target price of $64.0 on 02/23/2026
