Sunoco (TXSE:SUN) Director David Skidmore Purchases 1,500 Shares of Company Stock

Posted by Stanley Muller on Nov 11th, 2026

Sunoco LP (TXSE:SUN – Get Free Report) Director David Skidmore purchased 1,500 shares of the company’s stock in a transaction dated Friday, November 6th. The shares were purchased at an average cost of $61.53 per share, for a total transaction of $92,295.00. Following the transaction, the director directly owned 20,748 shares in the company, valued at approximately $1,276,624.44. The trade was a 7.79% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Sunoco Stock Up 0.8%

SUN stock opened at $63.21 on Wednesday. The stock has a fifty day moving average of $73.28 and a 200-day moving average of $68.68. Sunoco LP has a fifty-two week low of $49.98 and a fifty-two week high of $80.22. The company has a market capitalization of $12.95 billion, a price-to-earnings ratio of 13.98 and a beta of 0.42. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.83 and a current ratio of 1.29.

Sunoco (TXSE:SUN – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.39). The firm had revenue of $18.03 billion during the quarter, compared to the consensus estimate of $11.76 billion. Sunoco had a net margin of 2.88% and a return on equity of 18.78%. During the same quarter in the prior year, the firm posted $0.64 earnings per share. As a group, equities research analysts predict that Sunoco LP will post 10.60 earnings per share for the current year.

Sunoco Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Friday, November 6th will be paid a $1.0148 dividend. The ex-dividend date is Friday, November 6th. This is a positive change from Sunoco’s previous quarterly dividend of $1.0023. This represents a $4.06 annualized dividend and a dividend yield of 6.4%. Sunoco’s dividend payout ratio is 68.07%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Sunoco in a research report on Tuesday, August 18th. Barclays reaffirmed an “overweight” rating and issued a $83.00 price objective on shares of Sunoco in a report on Thursday, October 15th. Citigroup raised their price objective on shares of Sunoco from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Wells Fargo & Company lifted their price objective on shares of Sunoco from $82.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, November 4th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Sunoco in a report on Tuesday, October 20th. They set an “overweight” rating and a $87.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $80.12.

Get Our Latest Analysis on Sunoco

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SUN. Wedbush Securities Inc. increased its position in shares of Sunoco by 2.8% during the second quarter. Wedbush Securities Inc. now owns 6,110 shares of the oil and gas company’s stock valued at $412,000 after buying an additional 166 shares during the period. Allworth Financial LP lifted its holdings in shares of Sunoco by 4.1% in the third quarter. Allworth Financial LP now owns 5,071 shares of the oil and gas company’s stock worth $342,000 after buying an additional 200 shares in the last quarter. Independent Advisor Alliance boosted its position in shares of Sunoco by 4.1% in the third quarter. Independent Advisor Alliance now owns 5,871 shares of the oil and gas company’s stock valued at $428,000 after acquiring an additional 231 shares during the period. PFG Investments LLC boosted its position in shares of Sunoco by 4.1% in the second quarter. PFG Investments LLC now owns 5,951 shares of the oil and gas company’s stock valued at $402,000 after acquiring an additional 237 shares during the period. Finally, Arrow Investment Advisors LLC grew its stake in Sunoco by 15.9% during the third quarter. Arrow Investment Advisors LLC now owns 3,660 shares of the oil and gas company’s stock valued at $267,000 after acquiring an additional 501 shares in the last quarter. Hedge funds and other institutional investors own 24.29% of the company’s stock.

Sunoco Company Profile

(Get Free Report)

Sunoco LP (NYSE:SUN) is a master limited partnership focused primarily on the distribution and wholesale marketing of motor fuels. The company supplies gasoline, diesel and other refined products to independent fuel retailers, commercial customers, distributors and other end users, including customers operating under the Sunoco brand. Sunoco’s operations include fuel terminals, pipelines, transportation assets and other logistics infrastructure used to receive, store, blend and deliver petroleum products.