SUN stock icon

Sunoco
SUN

$56.57
0.44%
 

About: Sunoco LP engaged in the distribution of motor fuels to independent dealers, distributors, and other commercial customers as well as the distribution of motor fuels to end-use customers at retail sites operated by commission agents. It is a growth-oriented master limited partnership (MLP) that operates as a wholesale and retail fuel distributor in the United States. The firm operates through the Fuel Distribution and Marketing segment. It distributes motor fuel to convenience stores, dealers, and commercial customers in various states. The operating convenience stores are under the APlus, Stripes, Aloha Island Mart, and Tigermarket brands.

Employees: 2,389

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 12 analysts
0
News positive %
of 21 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

26% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 47

10% more call options, than puts

Call options by funds: $14.8M | Put options by funds: $13.5M

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

1% less funds holding

Funds holding: 207 [Q4 2023] → 205 (-2) [Q1 2024]

5% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 39

4.18% less ownership

Funds ownership: 28.9% [Q4 2023] → 24.72% (-4.18%) [Q1 2024]

14% less capital invested

Capital invested by funds: $1.46B [Q4 2023] → $1.26B (-$198M) [Q1 2024]

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$59
4%
upside
Avg. target
$62
10%
upside
High target
$65
15%
upside

12 analyst ratings

positive
67%
neutral
33%
negative
0%
Citigroup
Spiro Dounis
15%upside
$65
Buy
Upgraded
18 Jun 2024
Barclays
Theresa Chen
8%upside
$61
Overweight
Reinstated
10 Jun 2024
Stifel
Selman Akyol
10%upside
$62
Buy
Upgraded
7 Jun 2024
JP Morgan
Jeremy Tonet
8%upside
$61
Overweight
Assumed
5 Jun 2024
Mizuho
Gabriel Moreen
4%upside
$59
Buy
Upgraded
4 Jun 2024

Financial journalist opinion

Based on 21 articles about SUN published over the past 30 days