UBS Group AG lowered its stake in shares of Sunoco LP (NYSE:SUN – Free Report) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 966,882 shares of the oil and gas company’s stock after selling 63,124 shares during the quarter. UBS Group AG owned about 0.47% of Sunoco worth $50,674,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Compass Wealth Management LLC bought a new position in Sunoco during the third quarter worth $644,000. Lee Financial Co increased its position in Sunoco by 573.1% during the third quarter. Lee Financial Co now owns 25,705 shares of the oil and gas company’s stock worth $1,286,000 after acquiring an additional 21,886 shares during the period. Truist Financial Corp bought a new position in Sunoco during the third quarter worth $1,161,000. Barclays PLC increased its position in Sunoco by 33.7% during the third quarter. Barclays PLC now owns 593,970 shares of the oil and gas company’s stock worth $29,704,000 after acquiring an additional 149,732 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in Sunoco during the third quarter worth $7,104,000. Institutional investors own 24.29% of the company’s stock.
Trending Headlines about Sunoco
Here are the key news stories impacting Sunoco this week:
- Positive Sentiment: Q1 results beat expectations: Sunoco reported $2.85 EPS vs. $1.71 consensus and revenue of $10.69B vs. $10.19B, helped by year-over-year revenue growth and post‑Parkland scale that lifted topline and EPS. Sunoco LP and SunocoCorp LLC Report Strong First Quarter 2026 Financial and Operating Results
- Positive Sentiment: Management committed to distribution growth and M&A: the company signaled at least 5% multiyear distribution growth and is targeting ~$500M of 2026 bolt‑on acquisitions, which supports future cash returns and growth. Sunoco signals at least 5% multiyear distribution growth while targeting $500m of 2026 bolt-on acquisitions
- Positive Sentiment: Earnings call tone: management described growth momentum and integration progress from recent deals, which reinforces the beat and gives investors confidence in execution and cash flow outlook. Sunoco LP Earnings Call Signals Growth Momentum
- Neutral Sentiment: Full call transcript and detail: the transcript provides additional color on segment performance, margins and guidance assumptions for those modeling forward cash flow and distributions. Sunoco (SUN) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Be careful with ticker confusion: a separate company using the SUN symbol on Canadian exchanges (Stardust Solar) appeared in newsfeeds — that is not Sunoco LP. Stardust Solar Energy Positions for Construction Launch in Zambia
- Negative Sentiment: Financial/operational risks remain: Sunoco has meaningful leverage (debt/equity ~2.06) and a low net margin (~2.0%), leaving sensitivity to fuel price swings and margin compression; investors should weigh balance‑sheet risk versus distribution commitments. Sunoco earnings test: Can fuel price surge lift margins post-Parkland?
Sunoco Price Performance
Sunoco (NYSE:SUN – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $1.71 by $1.14. The firm had revenue of $10.69 billion for the quarter, compared to analysts’ expectations of $10.19 billion. Sunoco had a net margin of 2.01% and a return on equity of 10.76%. The company’s quarterly revenue was up 106.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 earnings per share. On average, equities analysts predict that Sunoco LP will post 7.83 earnings per share for the current fiscal year.
Sunoco Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.9899 per share. This is a positive change from Sunoco’s previous quarterly dividend of $0.93. This represents a $3.96 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, May 8th. Sunoco’s payout ratio is currently 164.32%.
Analyst Upgrades and Downgrades
SUN has been the topic of a number of research reports. Zacks Research upgraded Sunoco from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 1st. Mizuho boosted their price objective on Sunoco from $66.00 to $75.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Weiss Ratings cut Sunoco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 22nd. Stifel Nicolaus boosted their price objective on Sunoco from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen cut Sunoco from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.29.
Read Our Latest Analysis on Sunoco
About Sunoco
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.
See Also
Want to see what other hedge funds are holding SUN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sunoco LP (NYSE:SUN – Free Report).
Receive News & Ratings for Sunoco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunoco and related companies with MarketBeat.com's FREE daily email newsletter.
