Sunoco (NYSE:SUN) Reaches New 12-Month High – What’s Next?

Posted by Stanley Muller on Jul 29th, 2026

Sunoco LP (NYSE:SUN – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $77.32 and last traded at $76.5050, with a volume of 1548 shares changing hands. The stock had previously closed at $76.50.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SUN shares. Wall Street Zen raised shares of Sunoco from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. boosted their target price on shares of Sunoco from $73.00 to $84.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Weiss Ratings upgraded shares of Sunoco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, May 21st. Barclays raised their price target on shares of Sunoco from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and issued a $80.00 price objective on shares of Sunoco in a research note on Wednesday, May 6th. One 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 data from MarketBeat, the company has an average rating of “Buy” and an average target price of $77.12.

Get Our Latest Stock Analysis on SUN

Sunoco Stock Performance

The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 2.03. The firm has a market cap of $15.76 billion, a price-to-earnings ratio of 19.73 and a beta of 0.42. The stock has a fifty day moving average price of $68.32 and a 200 day moving average price of $64.96.

Sunoco (NYSE:SUN – Get Free Report) last posted its earnings results 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. Sunoco had a return on equity of 17.52% and a net margin of 3.07%.The firm had revenue of $10.69 billion during the quarter, compared to analyst estimates of $10.19 billion. During the same period in the previous year, the company earned $1.21 EPS. The company’s revenue for the quarter was up 106.4% on a year-over-year basis. As a group, analysts predict that Sunoco LP will post 7.73 earnings per share for the current year.

Sunoco Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th will be issued a dividend of $1.0023 per share. This represents a $4.01 annualized dividend and a yield of 5.2%. This is a boost from Sunoco’s previous quarterly dividend of $0.99. The ex-dividend date is Friday, August 7th. Sunoco’s dividend payout ratio is 101.28%.

Institutional Trading of Sunoco

A number of institutional investors and hedge funds have recently modified their holdings of SUN. Ancora Advisors LLC bought a new stake in shares of Sunoco during the 3rd quarter worth $40,000. Glen Eagle Advisors LLC grew its stake in Sunoco by 496.5% in the 4th quarter. Glen Eagle Advisors LLC now owns 853 shares of the oil and gas company’s stock valued at $45,000 after buying an additional 710 shares during the last quarter. Cresta Advisors Ltd. bought a new position in Sunoco in the 4th quarter worth $64,000. Cassaday & Co Wealth Management LLC bought a new position in Sunoco in the 1st quarter worth $78,000. Finally, Russell Investments Group Ltd. lifted its position in Sunoco by 110.3% during the 4th quarter. Russell Investments Group Ltd. now owns 1,569 shares of the oil and gas company’s stock worth $82,000 after acquiring an additional 823 shares during the last quarter. 24.29% of the stock is currently owned by institutional investors and hedge funds.

About Sunoco

(Get Free Report)

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.