Exploring Sunoco LP (SUN) Investor Profile: Who’s Buying and Why?

Have you ever wondered who exactly is investing in Sunoco LP (SUN) and what their motivations might be? With a market capitalization of $8.73 billion and a recent share price of $57.22 as of April 17, 2025, understanding the investor landscape can provide valuable insights. Are institutional investors calling the shots, or is it a mix of retail and insider ownership that drives the stock? Considering that institutional investors hold approximately 73.58% of the company's shares, while insiders own about 0.90%, and public companies and retail investors hold around 43.73%, it's crucial to understand who these key players are and why they're betting on Sunoco.

Sunoco LP (SUN) Who Invests in [Company Name] and Why?

Understanding the investor profile of Sunoco LP (SUN) involves examining the diverse range of entities and individuals that hold its units, along with their motivations for investing. The investor base typically includes retail investors, institutional investors, and hedge funds, each with their own investment strategies and objectives.

Key Investor Types:

Sunoco LP's (SUN) investor base is composed of a mix of retail and institutional investors. Each type of investor has different priorities and strategies that influence their investment decisions.

• Retail Investors: These are individual investors who buy and sell Sunoco LP (SUN) units for their personal accounts. They may be attracted to Sunoco LP (SUN) because of its dividend payouts or perceived stability.
• Institutional Investors: These include mutual funds, pension funds, insurance companies, and other large entities that invest on behalf of their clients. Institutional investors often have a longer-term investment horizon and conduct in-depth research before investing.
• Hedge Funds: These are investment partnerships that use various strategies, including leverage and derivatives, to generate high returns. Hedge funds may invest in Sunoco LP (SUN) if they believe it is undervalued or if they see an opportunity for short-term gains.

Investment Motivations:

Investors are drawn to Sunoco LP (SUN) for a variety of reasons, primarily related to its business model, market position, and financial performance.

• Growth Prospects: Investors may be optimistic about Sunoco LP (SUN)'s ability to expand its operations and increase its revenue in the future. This could be due to factors such as increasing demand for fuel, strategic acquisitions, or new partnerships.
• Dividends: Sunoco LP (SUN) is known for offering attractive dividend yields, which can be a major draw for income-seeking investors. The stability and consistency of these payouts are crucial factors.
• Market Position: Sunoco LP (SUN)'s established presence and infrastructure in key markets make it an appealing investment. Its extensive network of fuel distribution and retail outlets provides a competitive advantage.

Investment Strategies:

The strategies employed by Sunoco LP (SUN) investors vary depending on their investment goals and risk tolerance.

• Long-Term Holding: Many institutional investors adopt a long-term holding strategy, focusing on the steady income and potential capital appreciation of Sunoco LP (SUN) units.
• Short-Term Trading: Hedge funds and some retail investors may engage in short-term trading, aiming to profit from price fluctuations in Sunoco LP (SUN) units.
• Value Investing: Some investors may view Sunoco LP (SUN) as undervalued by the market and invest with the expectation that its true value will eventually be recognized.

Examining ownership data can provide insights into investor sentiment and potential future stock performance. For instance, significant institutional ownership may indicate confidence in the company's long-term prospects, while changes in hedge fund positions can signal shifts in market sentiment.

For those interested in the historical context, you can explore: Sunoco LP (SUN): History, Ownership, Mission, How It Works & Makes Money

Sunoco LP (SUN) Institutional Ownership and Major Shareholders of Sunoco LP (SUN)

Institutional ownership in Sunoco LP (SUN) reflects the degree of confidence that large financial entities have in the company's performance and future prospects. These investors, which include mutual funds, hedge funds, pension funds, and insurance companies, manage substantial assets and conduct extensive research before making investment decisions. Their activity can significantly influence Sunoco LP's stock price and overall market stability.

As of December 31, 2024, the total value of stock held by institutional investors in Sunoco LP was reported at $2.15 billion. This represents approximately 56.50% of the company's outstanding shares. The number of institutional investors holding positions in Sunoco LP is 328, indicating broad interest and coverage by the institutional investment community.

Here are some of the top institutional investors and their reported shareholdings in Sunoco LP (SUN) based on the latest filings:

• Energy Transfer LP: Holding 25,537,179 shares.
• Tortoise Capital Advisors L.L.C.: Holding 5,428,651 shares.
• Kayne Anderson Capital Advisors, L.P.: Holding 4,753,149 shares.
• BlackRock Fund Advisors: Holding 2,327,073 shares.
• Alerian Capital Management, LLC: Holding 2,279,156 shares.
• Neuberger Berman BD LLC: Holding 1,863,045 shares.
• Goldman Sachs Group, Inc.: Holding 1,404,762 shares.
• Bank Of America Corporation: Holding 1,345,703 shares.
• Citigroup Inc: Holding 1,248,784 shares.
• Morgan Stanley: Holding 945,829 shares.

Changes in institutional ownership can provide insights into the evolving sentiment surrounding Sunoco LP. Recent activity shows a mix of increased and decreased stakes by institutional investors.

For instance, some institutions have reduced their positions, reflecting a potentially cautious outlook. Conversely, others have increased their holdings, signaling confidence in the company's future performance. These changes can be influenced by various factors, including Sunoco LP's financial results, industry trends, and broader economic conditions.

The following table summarizes recent changes in ownership by key institutional investors:

Institutional investors play a crucial role in shaping Sunoco LP's stock price and influencing its strategic direction. Their investment decisions are often based on in-depth analyses of the company's financial health, growth prospects, and competitive positioning. Significant changes in institutional ownership can lead to increased trading volume and price volatility.

Moreover, these large investors often engage with company management to express their views on key strategic issues. This engagement can drive changes in corporate governance, capital allocation, and overall business strategy, ensuring that Sunoco LP remains focused on maximizing shareholder value. The presence of reputable institutional investors can also enhance the company's credibility and attract further investment, contributing to its long-term success.

To gain more insights into the company's direction, explore the Mission Statement, Vision, & Core Values of Sunoco LP (SUN).

Sunoco LP (SUN) Key Investors and Their Impact on [Company Name]

Understanding the investor profile of Sunoco LP (SUN) provides valuable insights into the company's stability, strategic direction, and potential for growth. Examining the composition of its shareholders, including institutional investors, insiders, and retail participants, helps to reveal the driving forces behind Sunoco's market behavior.

As of April 2025, 324 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 100,239,009 shares. This indicates a significant institutional interest in Sunoco LP.

Key investors include:

• Alps Advisors Inc
• AMLP - ALERIAN MLP ETF
• Invesco Ltd.
• Goldman Sachs Group Inc
• MLPRX - Invesco Oppenheimer SteelPath MLP Income Fund Class C
• GLPAX - Goldman Sachs MLP Energy Infrastructure Fund Class A Shares
• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
• MLPA - Global X MLP ETF
• Jpmorgan Chase & Co
• MLPEX - Invesco Oppenheimer SteelPath MLP Select 40 Fund Class C

These major shareholders can significantly influence company decisions through their voting power and engagement with the management. Their investment decisions can also drive stock movements, impacting market sentiment and valuation.

Institutional investors hold approximately 68.5% of Sunoco LP's shares, while insiders own about 0.90%, and retail investors hold approximately 43.73%.

Recent moves by key investors can signal important shifts in confidence and strategy:

• Recent trading activity indicates that hedge fund holdings in Sunoco LP (SUN) were decreased by 89.0K shares last quarter, based on 4 tracked hedge funds.

Recent insider transactions show:

• Austin Harkness bought US$49,740 worth of shares on May 28, 2024.

It's worth noting that Energy Transfer Partners LP 1 is the largest individual shareholder, owning 124,137,414 shares, which represents 81.32% of the company.

Here's a summary of Sunoco LP's ownership structure:

For more information about Sunoco LP, you might find this resource helpful: Sunoco LP (SUN): History, Ownership, Mission, How It Works & Makes Money

In June 2024, Sunoco LP announced increased commercial and expense synergies, expecting to realize approximately $50MM in 2024 and increase synergies to approximately $200MM annually by 2026. Financial synergies also increased to approximately $60MM annually, with all refinancing activities completed in the second quarter of 2024.

Sunoco LP issued $1.5B of Senior Notes to redeem NuStar Preferred Equity and Subordinated Notes, anticipating approximately $60MM annually in financial benefits. This move also resulted in credit rating upgrades at S&P and Moody's.

For the year ended December 31, 2024, Sunoco LP reported strong financial results:

• Net income: $874 million (compared to $394 million in 2023)
• Adjusted EBITDA: $1.46 billion (compared to $964 million in 2023)
• Distributable Cash Flow, as adjusted: $1.08 billion (compared to $664 million in 2023)

Sunoco LP's management held a conference call on February 11, 2025, to discuss these results and recent developments. The company's earnings report is set to be unveiled on May 6, 2025, with expectations of $2.44 EPS, up 130.19% from the prior-year quarter, and revenue of $5.43 billion, a 1.25% decrease from the previous year.

Sunoco LP is targeting a distribution growth rate of at least 5% for 2025, with a fourth-quarter 2024 distribution of $0.8865 per unit, or $3.5460 per unit on an annualized basis.

As of December 31, 2024, Sunoco LP had approximately $7.5 billion in long-term debt and approximately $1.3 billion of liquidity remaining on its $1.5 billion revolving credit facility. The leverage ratio was 4.1 times net debt to Adjusted EBITDA.

Sunoco LP (SUN) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating the potential of Sunoco LP (SUN). Recent market data, analyst perspectives, and ownership trends provide valuable insights for investors.

Here's a breakdown of key aspects:

• Investor Sentiment: Current sentiment is mixed, with institutional ownership at approximately 55.37%, suggesting a significant influence from institutional investors. Recent insider trading activity and hedge fund movements also reflect evolving sentiment.
• Recent Market Reactions: As of April 17, 2025, the share price was $57.22, compared to $55.50 on April 19, 2024, marking a 3.10% increase. However, recent trading sessions have shown fluctuations, with a -0.80% drop on April 21, 2025.
• Analyst Perspectives: Analysts' opinions vary from bullish to bearish. The average price target is around $63.50, with forecasts ranging from $59.00 to $66.00. The consensus EPS estimate has seen a slight decrease of 0.75% recently.

Ownership Structure

The ownership of Sunoco LP (SUN) is distributed among various types of investors:

• Institutional Investors: Approximately 55.37%
• Insiders: About 0.90%
• Public Companies and Individual Investors: Roughly 43.73%

Major shareholders include Alps Advisors Inc., Alerian MLP ETF, and Invesco Ltd.

Analyst Ratings and Price Targets

Analysts' evaluations provide a range of perspectives on Sunoco LP's potential.

• The average price target is $64.25, with a high estimate of $68.00 and a low estimate of $61.00.
• Recent ratings include 'Outperform' and 'Overweight' from firms like Mizuho and Barclays, respectively.

Earnings and Revenue Forecasts

Earnings and revenue forecasts offer insights into Sunoco LP's financial performance.

• Revenue for 2025: Projected at $22.693 billion.
• Earnings Growth: Expected to grow by 34.38%, surpassing the US Oil & Gas Refining & Marketing industry average.
• EPS for 2025: Forecast to be $10.10, with a range of $7.40 to $14.36.

Stock Forecasts

Various sources offer differing forecasts for Sunoco LP's stock price.

• One-year price target: $64.33.
• Average price target for 2025: $50.41, with a high of $61.32 and a low of $39.49.
• Forecast annual revenue growth rate: -1.77%, outperforming the industry average.

Dividend Information

Sunoco LP is known for its dividend payments.

• Dividend yield: 6.25%, placing it in the top 25% of dividend-paying stocks.
• Dividend payout ratio: 53.64%, considered sustainable.

Additional Factors

Several other factors influence investor sentiment and market impact:

• Market Volatility: Recent market conditions and sector performance impact stock movement.
• Upcoming Earnings Report: Scheduled for May 6, 2025, with an expected EPS of $2.44.
• Merger with NuStar Energy L.P.: Approved in May 2024, expected to provide additional benefits.

Here is a table summarizing the key investors of Sunoco LP:

For more insights into Sunoco LP's financial health, consider exploring: Breaking Down Sunoco LP (SUN) Financial Health: Key Insights for Investors