Sunoco (NYSE:SUN) Research Coverage Started at JPMorgan Chase & Co.

Posted by George Bondi on Oct 23rd, 2026

JPMorgan Chase & Co. began coverage on shares of Sunoco (NYSE:SUN – Free Report) in a research report sent to investors on Tuesday. The firm issued an overweight rating and a $87.00 price objective on the oil and gas company’s stock.

Several other equities analysts have also recently commented on SUN. Barclays reaffirmed an “overweight” rating and set a $83.00 price objective on shares of Sunoco in a research note on Thursday, October 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Sunoco in a research note on Tuesday, August 18th. Wells Fargo & Company raised their price target on shares of Sunoco from $77.00 to $82.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Citigroup boosted their price target on shares of Sunoco from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Wall Street Zen cut shares of Sunoco from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Sunoco currently has a consensus rating of “Buy” and an average target price of $79.75.

Read Our Latest Analysis on SUN

Sunoco Trading Down 0.6%

SUN stock opened at $72.99 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 1.29 and a debt-to-equity ratio of 1.95. Sunoco has a twelve month low of $49.98 and a twelve month high of $80.22. The stock has a 50-day simple moving average of $75.27 and a two-hundred day simple moving average of $70.99.

Sunoco (NYSE:SUN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.94 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($1.56). Sunoco had a net margin of 2.88% and a return on equity of 18.78%. The company had revenue of $14.26 billion for the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter in the prior year, the company earned $0.33 earnings per share. The company’s quarterly revenue was up 164.5% on a year-over-year basis. As a group, sell-side analysts predict that Sunoco will post 9.31 EPS for the current year.

Sunoco Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th were issued a dividend of $1.0023 per share. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Sunoco’s previous quarterly dividend of $0.9899. This represents a $4.01 annualized dividend and a dividend yield of 5.5%. Sunoco’s payout ratio is presently 88.72%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Recurrent Investment Advisors LLC raised its stake in Sunoco by 51.5% in the first quarter. Recurrent Investment Advisors LLC now owns 1,027,877 shares of the oil and gas company’s stock valued at $66,781,000 after purchasing an additional 349,254 shares in the last quarter. Infrastructure Capital Advisors LLC grew its stake in Sunoco by 34.1% in the 1st quarter. Infrastructure Capital Advisors LLC now owns 972,935 shares of the oil and gas company’s stock worth $63,212,000 after buying an additional 247,569 shares in the last quarter. Miller Howard Investments Inc. NY grew its stake in Sunoco by 18.4% in the 1st quarter. Miller Howard Investments Inc. NY now owns 816,233 shares of the oil and gas company’s stock worth $53,031,000 after buying an additional 126,964 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in shares of Sunoco by 12.4% in the 2nd quarter. Allianz Asset Management GmbH now owns 369,073 shares of the oil and gas company’s stock worth $24,912,000 after buying an additional 40,758 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Sunoco by 32.0% in the 1st quarter. Bank of America Corp DE now owns 204,609 shares of the oil and gas company’s stock worth $13,293,000 after buying an additional 49,589 shares during the last quarter. 24.29% of the stock is currently owned by institutional investors.

About Sunoco

(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.