Zacks Research Has Negative Outlook for Sunoco Q2 Earnings

Sunoco LP (NYSE:SUN - Free Report) - Equities research analysts at Zacks Research dropped their Q2 2025 earnings estimates for Sunoco in a report issued on Tuesday, June 24th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $1.74 per share for the quarter, down from their prior estimate of $1.77. The consensus estimate for Sunoco's current full-year earnings is $10.65 per share. Zacks Research also issued estimates for Sunoco's Q3 2025 earnings at $1.97 EPS, Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $6.75 EPS, Q1 2026 earnings at $1.77 EPS, Q2 2026 earnings at $1.83 EPS, Q4 2026 earnings at $1.90 EPS, FY2026 earnings at $7.61 EPS, Q1 2027 earnings at $2.00 EPS and FY2027 earnings at $8.88 EPS.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Sunoco from $63.00 to $66.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Mizuho upped their price target on shares of Sunoco from $66.00 to $68.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Finally, Barclays dropped their price target on shares of Sunoco from $62.00 to $61.00 and set an "overweight" rating for the company in a research report on Friday, March 28th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $64.75.

Sunoco Stock Performance

SUN stock traded up $1.09 during midday trading on Thursday, reaching $54.31. 523,489 shares of the company's stock traded hands, compared to its average volume of 440,933. Sunoco has a 52-week low of $48.00 and a 52-week high of $59.88. The stock has a market cap of $8.29 billion, a P/E ratio of 9.78 and a beta of 0.62. The company has a current ratio of 1.55, a quick ratio of 0.86 and a debt-to-equity ratio of 1.85. The stock's 50-day moving average is $55.22 and its 200 day moving average is $55.35.

Sunoco (NYSE:SUN - Get Free Report) last announced its earnings results on Tuesday, May 6th. The oil and gas company reported $1.21 EPS for the quarter, missing analysts' consensus estimates of $1.69 by ($0.48). Sunoco had a net margin of 3.80% and a return on equity of 20.34%. The business had revenue of $5.18 billion for the quarter, compared to analysts' expectations of $5.58 billion. During the same period in the prior year, the company posted $2.26 earnings per share. The firm's quarterly revenue was down 5.8% on a year-over-year basis.

Sunoco Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Friday, May 9th were given a dividend of $0.8976 per share. This is a positive change from Sunoco's previous quarterly dividend of $0.89. The ex-dividend date was Friday, May 9th. This represents a $3.59 dividend on an annualized basis and a dividend yield of 6.61%. Sunoco's dividend payout ratio is currently 64.68%.

Hedge Funds Weigh In On Sunoco

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. 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 acquiring an additional 182 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of Sunoco by 2.2% during the first quarter. EP Wealth Advisors LLC now owns 8,590 shares of the oil and gas company's stock worth $499,000 after acquiring an additional 186 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of Sunoco by 1.9% during the first quarter. International Assets Investment Management LLC now owns 11,252 shares of the oil and gas company's stock worth $653,000 after acquiring an additional 208 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Sunoco by 5.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,262 shares of the oil and gas company's stock worth $306,000 after acquiring an additional 279 shares during the last quarter. Finally, Sigma Planning Corp boosted its position in shares of Sunoco by 1.7% during the first quarter. Sigma Planning Corp now owns 18,301 shares of the oil and gas company's stock worth $1,063,000 after acquiring an additional 309 shares during the last quarter. Institutional investors 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.