Zacks Research Has Negative Estimate for Sunoco Q1 Earnings

Sunoco LP (NYSE:SUN) – Zacks Research reduced their Q1 2026 earnings per share estimates for shares of Sunoco in a report released 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 data on Tuesday, February 11th. The oil and gas company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.73). Sunoco had a net margin of 3.85% and a return on equity of 22.52%.

Other research analysts also recently issued research reports about the company. Royal Bank of Canada increased their target price on Sunoco from $63.00 to $64.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Mizuho lifted their price objective on shares of Sunoco from $61.00 to $66.00 and gave the stock an “outperform” rating in a report on Monday, February 3rd. Finally, Barclays increased their target price on shares of Sunoco from $59.00 to $62.00 and gave the stock an “overweight” rating in a report on Friday, March 14th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $63.67.

Sunoco Stock Performance

Shares of SUN stock opened at $56.94 on Friday. The stock has a market capitalization of $8.69 billion, a price-to-earnings ratio of 8.63 and a beta of 1.35. Sunoco has a one year low of $49.45 and a one year high of $62.55. The company’s 50-day simple moving average is $56.98 and its 200-day simple moving average is $54.29. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.66 and a current ratio of 1.27.

Sunoco Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Friday, February 7th were given a $0.8865 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from Sunoco’s previous quarterly dividend of $0.88. This represents a $3.55 annualized dividend and a yield of 6.23%. Sunoco’s dividend payout ratio (DPR) is currently 53.64%.

Hedge Funds Weigh In On Sunoco

Several hedge funds and other institutional investors have recently modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. bought a new stake in Sunoco in the 4th quarter valued at about $31,000. Independence Bank of Kentucky bought a new stake in shares of Sunoco during the fourth quarter valued at approximately $53,000. Steward Partners Investment Advisory LLC boosted its position in shares of Sunoco by 17.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,245 shares of the oil and gas company’s stock worth $64,000 after buying an additional 182 shares during the period. Global Retirement Partners LLC grew its holdings in Sunoco by 93.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,633 shares of the oil and gas company’s stock worth $84,000 after buying an additional 788 shares in the last quarter. Finally, Transce3nd LLC bought a new position in Sunoco in the 4th quarter worth approximately $90,000. Institutional investors and hedge funds own 24.29% of the company’s stock.

About Sunoco

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.