Insider Buying: Sunoco (TXSE:SUN) Director Purchases $92,295.00 in Stock

November 11, 2026 by InsiderTrades.com

Key Points

Director David Skidmore bought 1,500 Sunoco shares for $92,295, increasing his direct ownership by 7.79% to 20,748 shares.
Sunoco reported quarterly EPS of $2.07, below analysts’ $2.46 estimate, while revenue of $18.03 billion exceeded the $11.76 billion consensus.
The company raised its quarterly dividend to $1.0148 per share, equivalent to about $4.06 annually and a 6.4% yield.

Sunoco LP (TXSE:SUN - Get Free Report) Director David Skidmore purchased 1,500 shares of Sunoco stock in a transaction dated Friday, November 6th. The shares were purchased at an average price of $61.53 per share, with a total value of $92,295.00. Following the completion of the transaction, the director directly owned 20,748 shares in the company, valued at approximately $1,276,624.44. This represents a 7.79% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link.

Sunoco Trading Up 0.8%

Sunoco stock opened at $63.21 on Wednesday. The stock has a market cap of $12.95 billion, a P/E ratio of 13.98 and a beta of 0.42. Sunoco LP has a fifty-two week low of $49.98 and a fifty-two week high of $80.22. The firm's fifty day moving average price is $73.28 and its 200-day moving average price is $68.68. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.83 and a current ratio of 1.29.

Sunoco (TXSE:SUN - Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $2.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.46 by ($0.39). The business had revenue of $18.03 billion during the quarter, compared to analysts' expectations of $11.76 billion. Sunoco had a return on equity of 18.78% and a net margin of 2.88%. During the same quarter last year, the business posted $0.64 EPS. Equities research analysts forecast that Sunoco LP will post 10.60 earnings per share for the current fiscal year.

Sunoco Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Friday, November 6th will be paid a $1.0148 dividend. The ex-dividend date is Friday, November 6th. This represents a $4.06 dividend on an annualized basis and a yield of 6.4%. This is an increase from Sunoco's previous quarterly dividend of $1.0023. Sunoco's dividend payout ratio is currently 68.07%.

Analyst Ratings Changes

Several analysts have weighed in on the company. JPMorgan Chase & Co. began coverage on Sunoco in a report on Tuesday, October 20th. They issued an "overweight" rating and a $87.00 price target on the stock. Mizuho set a $83.00 price objective on shares of Sunoco in a research report on Friday, July 24th. Citigroup upped their price objective on shares of Sunoco from $73.00 to $81.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Sunoco in a research note on Tuesday, August 18th. Finally, Wall Street Zen lowered shares of Sunoco from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. One 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. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $80.12.

Get Our Latest Report on Sunoco

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SUN. Allianz Asset Management GmbH boosted its stake 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 valued at $24,912,000 after purchasing an additional 40,758 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Sunoco by 185.0% during the 2nd quarter. NewEdge Advisors LLC now owns 31,305 shares of the oil and gas company's stock valued at $2,113,000 after purchasing an additional 20,319 shares during the last quarter. Bank of America Corp DE raised its position in 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 purchasing an additional 49,589 shares during the period. Kestra Advisory Services LLC raised its position in Sunoco by 250.4% in the 1st quarter. Kestra Advisory Services LLC now owns 62,358 shares of the oil and gas company's stock worth $4,051,000 after purchasing an additional 44,563 shares during the period. Finally, Sanctuary Advisors LLC raised its position in Sunoco by 19.6% in the 1st quarter. Sanctuary Advisors LLC now owns 154,713 shares of the oil and gas company's stock worth $10,052,000 after purchasing an additional 25,403 shares during the period. 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.