Zacks Research Weighs in on Sunoco’s Q1 Earnings (NYSE:SUN)

Sunoco LP (NYSE:SUN) – Research analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for shares of Sunoco in a research note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $2.16 per share for the quarter, down from their previous estimate of $2.22. The consensus estimate for Sunoco’s current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Sunoco’s Q2 2026 earnings at $2.05 EPS, Q3 2026 earnings at $2.34 EPS, Q4 2026 earnings at $2.11 EPS, FY2026 earnings at $8.67 EPS and FY2027 earnings at $9.05 EPS.

Sunoco (NYSE:SUN) last posted its quarterly earnings results on Tuesday, February 11th. The oil and gas company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.73). Sunoco had a return on equity of 22.52% and a net margin of 3.85%.

SUN has been the topic of a number of other research reports. Barclays boosted their target price on Sunoco from $59.00 to $62.00 and gave the company an “overweight” rating in a research note on Friday, March 14th. Royal Bank of Canada raised their price objective on shares of Sunoco from $63.00 to $64.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. Finally, Mizuho boosted their target price on shares of Sunoco from $61.00 to $66.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Sunoco presently has an average rating of “Moderate Buy” and a consensus target price of $63.67.

Sunoco Stock Down 1.1 %

SUN stock opened at $57.87 on Friday. The company has a 50 day moving average of $56.87 and a two-hundred day moving average of $54.26. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 8.77 and a beta of 1.35. Sunoco has a 12-month low of $49.45 and a 12-month high of $62.55. The company has a quick ratio of 0.66, a current ratio of 1.27 and a debt-to-equity ratio of 1.84.

Sunoco Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Friday, February 7th were paid a $0.8865 dividend. The ex-dividend date was Friday, February 7th. This is a positive change from Sunoco’s previous quarterly dividend of $0.88. This represents a $3.55 dividend on an annualized basis and a yield of 6.13%. Sunoco’s dividend payout ratio (DPR) is presently 53.64%.

Institutional Investors Weigh In On Sunoco

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. boosted its stake in Sunoco by 2.3% during the 4th quarter. Invesco Ltd. now owns 8,868,926 shares of the oil and gas company’s stock valued at $456,218,000 after purchasing an additional 198,859 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Sunoco by 5.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,608,701 shares of the oil and gas company’s stock worth $134,192,000 after acquiring an additional 128,042 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Sunoco by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,191,570 shares of the oil and gas company’s stock valued at $117,644,000 after purchasing an additional 455,361 shares during the last quarter. Infrastructure Capital Advisors LLC boosted its holdings in Sunoco by 3.1% in the 3rd quarter. Infrastructure Capital Advisors LLC now owns 1,087,407 shares of the oil and gas company’s stock valued at $58,372,000 after purchasing an additional 32,239 shares during the period. Finally, Recurrent Investment Advisors LLC grew its position in Sunoco by 2.9% in the 4th quarter. Recurrent Investment Advisors LLC now owns 888,862 shares of the oil and gas company’s stock worth $45,723,000 after purchasing an additional 24,686 shares during the last quarter. 24.29% of the stock is currently owned by institutional investors.

Sunoco Company Profile

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates through two segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel, as well as other petroleum products, such as propane and lubricating oil from independent refiners and oil companies and supplies it to company-operated retail stores, independently operated commission agents, and retail stores, as well as other commercial customers, including unbranded retail stores, other fuel distributors, school districts, municipalities, and other industrial customers.