MMCAP International Inc. SPC Takes Position in SunocoCorp LLC $SUNC

Posted by Geri Gentry on May 27th, 2026

MMCAP International Inc. SPC purchased a new stake in shares of SunocoCorp LLC (NYSE:SUNC – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 22,755 shares of the company’s stock, valued at approximately $1,121,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SUNC. QV Investors Inc. acquired a new position in shares of SunocoCorp during the fourth quarter valued at $58,528,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of SunocoCorp during the fourth quarter valued at $606,000. TD Waterhouse Canada Inc. acquired a new position in shares of SunocoCorp during the fourth quarter valued at $949,000. Arizona State Retirement System acquired a new position in shares of SunocoCorp during the fourth quarter valued at $571,000. Finally, UBS Group AG acquired a new position in shares of SunocoCorp during the fourth quarter valued at $49,908,000.

SunocoCorp Trading Down 2.6%

Shares of SunocoCorp stock opened at $68.95 on Wednesday. The business has a 50-day simple moving average of $64.36. SunocoCorp LLC has a 52 week low of $47.00 and a 52 week high of $73.24.

SunocoCorp (NYSE:SUNC – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $2.13 EPS for the quarter, topping the consensus estimate of $1.66 by $0.47. The business had revenue of $10.69 billion during the quarter, compared to the consensus estimate of $9.56 billion. As a group, analysts predict that SunocoCorp LLC will post 6.88 earnings per share for the current year.

SunocoCorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Friday, May 8th were given a $0.9899 dividend. The ex-dividend date was Friday, May 8th. This represents a $3.96 annualized dividend and a yield of 5.7%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Raymond James Financial reissued a “strong-buy” rating and set a $80.00 price target on shares of SunocoCorp in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of SunocoCorp to a “hold” rating in a research note on Saturday, February 28th. Zacks Research cut shares of SunocoCorp from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. Barclays lifted their price objective on shares of SunocoCorp from $63.00 to $73.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, Citigroup lifted their price objective on shares of SunocoCorp from $65.00 to $73.00 and gave the company a “buy” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $75.33.

View Our Latest Research Report on SunocoCorp