Cetera Investment Advisers Has $4.07 Million Position in Sunoco LP $SUN

Cetera Investment Advisers raised its stake in shares of Sunoco LP (NYSE:SUN) by 15.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 62,560 shares of the oil and gas company’s stock after acquiring an additional 8,211 shares during the quarter. Cetera Investment Advisers’ holdings in Sunoco were worth $4,065,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SUN. Diversified Trust Co raised its position in Sunoco by 3.0% in the 1st quarter. Diversified Trust Co now owns 5,827 shares of the oil and gas company’s stock worth $379,000 after purchasing an additional 168 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in Sunoco by 2.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 9,720 shares of the oil and gas company’s stock valued at $509,000 after buying an additional 205 shares during the last quarter. IHT Wealth Management LLC increased its stake in shares of Sunoco by 2.1% in the 2nd quarter. IHT Wealth Management LLC now owns 10,302 shares of the oil and gas company’s stock valued at $552,000 after buying an additional 212 shares during the period. Glenmede Investment Management LP increased its stake in shares of Sunoco by 0.7% in the 3rd quarter. Glenmede Investment Management LP now owns 39,088 shares of the oil and gas company’s stock valued at $1,955,000 after buying an additional 288 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of Sunoco by 3.4% during the second quarter. EP Wealth Advisors LLC now owns 8,886 shares of the oil and gas company’s stock worth $476,000 after acquiring an additional 296 shares during the last quarter. Institutional investors own 24.29% of the company’s stock.

Sunoco Stock Performance

Shares of SUN opened at $74.47 on Wednesday. The stock has a market capitalization of $15.25 billion, a price-to-earnings ratio of 19.05 and a beta of 0.41. Sunoco LP has a 12 month low of $47.98 and a 12 month high of $78.11. The firm has a fifty day simple moving average of $68.91 and a 200 day simple moving average of $65.63. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 2.03.

Sunoco (NYSE:SUN) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.94 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($1.56). The firm had revenue of $14.26 billion during the quarter, compared to the consensus estimate of $11.05 billion. Sunoco had a net margin of 3.07% and a return on equity of 17.52%. Sunoco’s quarterly revenue was up 164.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.33 earnings per share. Research analysts forecast that Sunoco LP will post 8.8 EPS for the current fiscal year.

Sunoco Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Friday, August 7th will be paid a $1.0023 dividend. This represents a $4.01 annualized dividend and a dividend yield of 5.4%. This is an increase from Sunoco’s previous quarterly dividend of $0.99. The ex-dividend date is Friday, August 7th. Sunoco’s dividend payout ratio is presently 101.28%.

Wall Street Analyst Weigh In

SUN has been the subject of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of Sunoco from $71.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Raymond James Financial restated a “strong-buy” rating and issued a $80.00 price target on shares of Sunoco in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on Sunoco from $73.00 to $84.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Barclays upped their price objective on Sunoco from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Wall Street Zen upgraded Sunoco from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $77.12.

More Sunoco News

Here are the key news stories impacting Sunoco this week:

• Positive Sentiment: Raised 2026 outlook: Sunoco increased full-year Adjusted EBITDA guidance by $400 million to $3.5 billion-$3.7 billion, signaling confidence in its post-acquisition earnings potential. Sunoco Reports Strong Q2 Results, Raises 2026 Guidance
• Positive Sentiment: Strong year-over-year growth: Second-quarter net income rose to $283 million from $86 million, while revenue increased 164.5% to $14.26 billion. Adjusted EBITDA more than doubled to $982 million, and adjusted distributable cash flow increased to $608 million from $300 million. Sunoco Reports Second-Quarter 2026 Results
• Positive Sentiment: Distribution increased: Sunoco declared a quarterly distribution of $1.0023 per unit, up approximately 1.25% sequentially and more than 10% from a year earlier, supporting the income-investment case. Sunoco Q2 Net Income Rises as Guidance Increases
• Neutral Sentiment: Liquidity remains available: Sunoco reported approximately $13.3 billion of long-term debt but had about $2.3 billion of remaining revolver capacity at June 30, 2026. The balance sheet remains an important consideration following the company’s expansion and acquisitions.
• Negative Sentiment: EPS missed expectations: Reported EPS was $0.94 versus the $2.50 analyst consensus, a sizable shortfall that likely outweighed the revenue and cash-flow gains in the near-term market reaction. Sunoco Q2 Earnings Snapshot
• Negative Sentiment: Valuation and structural concerns: An analyst downgrade argued that the strong results were already reflected in Sunoco’s valuation and cited a longer-term incentive distribution rights overhang. This limits upside enthusiasm even after the guidance increase. Sunoco Valuation and IDR Overhang Downgrade

Sunoco Profile

Sunoco LP (NYSE: SUN) is an independent master limited partnership that specializes in the distribution and marketing of transportation fuels and related products. The company operates through two primary segments: wholesale fuel distribution and retail marketing. In wholesale distribution, Sunoco supplies branded fuels to distributors, commercial customers and resellers across the United States. Its retail marketing arm operates a network of company‐owned and franchised Sunoco branded service stations and convenience stores, providing gasoline, diesel, ethanol blends and lubricants to consumers.

Sunoco’s product portfolio extends beyond traditional fuels to include biofuels, specialty chemicals and on‐road diesel treated to meet ultra‐low sulfur requirements.