Cetera Investment Advisers lifted its position in shares of Banco Santander, S.A. (NYSE:SAN – Free Report) by 9.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 703,998 shares of the bank’s stock after acquiring an additional 59,304 shares during the period. Cetera Investment Advisers’ holdings in Banco Santander were worth $7,941,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of SAN. Orca Wealth Management LLC raised its holdings in shares of Banco Santander by 1.4% during the fourth quarter. Orca Wealth Management LLC now owns 65,572 shares of the bank’s stock valued at $852,000 after buying an additional 894 shares during the last quarter. Composition Wealth LLC grew its holdings in Banco Santander by 8.3% in the 4th quarter. Composition Wealth LLC now owns 12,442 shares of the bank’s stock worth $146,000 after buying an additional 952 shares in the last quarter. Stratos Investment Management LLC increased its position in Banco Santander by 6.3% in the 4th quarter. Stratos Investment Management LLC now owns 16,870 shares of the bank’s stock valued at $198,000 after acquiring an additional 1,005 shares during the period. Flputnam Investment Management Co. raised its stake in Banco Santander by 6.1% during the 4th quarter. Flputnam Investment Management Co. now owns 17,477 shares of the bank’s stock valued at $205,000 after acquiring an additional 1,011 shares in the last quarter. Finally, Fidelis Capital Partners LLC raised its stake in Banco Santander by 10.3% during the 4th quarter. Fidelis Capital Partners LLC now owns 11,253 shares of the bank’s stock valued at $132,000 after acquiring an additional 1,053 shares in the last quarter. 9.19% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
SAN has been the topic of a number of research analyst reports. Weiss Ratings lowered Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday. Wall Street Zen lowered shares of Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Santander restated a “buy” rating on shares of Banco Santander in a research report on Tuesday, June 23rd. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Banco Santander Stock Up 0.0%
Shares of Banco Santander stock opened at $14.12 on Friday. The business has a fifty day simple moving average of $13.28 and a 200-day simple moving average of $12.44. Banco Santander, S.A. has a fifty-two week low of $8.29 and a fifty-two week high of $14.39. The firm has a market cap of $207.34 billion, a price-to-earnings ratio of 11.48, a price-to-earnings-growth ratio of 0.76 and a beta of 0.72.
Banco Santander (NYSE:SAN – Get Free Report) last released its earnings results on Wednesday, July 22nd. The bank reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). Banco Santander had a return on equity of 12.43% and a net margin of 26.94%.The firm had revenue of $17.93 billion for the quarter, compared to analyst estimates of $17.90 billion. Analysts anticipate that Banco Santander, S.A. will post 1.15 earnings per share for the current fiscal year.
Key Headlines Impacting Banco Santander
Here are the key news stories impacting Banco Santander this week:
- Positive Sentiment: Full ownership of Santander Brasil: Banco Santander offered approximately $2.182 billion to acquire the 10% of its Brazilian subsidiary that it does not already control. The transaction could simplify the group’s structure, give SAN complete access to the unit’s cash flows and allow it to capture all future earnings from Brazil. Banco Santander ofrece US$2.182 millones por 10% restante de su filial brasileña Banco Santander announced offer for remaining Santander Brasil stake
- Positive Sentiment: Positive market reaction in Brazil: Shares of Santander Brasil rose sharply after the parent company announced its intention to launch the tender offer, indicating that investors viewed the offer price and potential transaction completion favorably. Santander Brasil shares jump after parent company tender offer
- Neutral Sentiment: Branding agreement: Santander reached an agreement under which Santiago’s Movistar Arena will change its name, increasing the bank’s consumer visibility in Chile. The sponsorship is unlikely to materially affect earnings but may support brand recognition. Movistar Arena to change name after Santander agreement
- Negative Sentiment: Weak Santander Brasil results: The Brazilian unit reported its weakest profit since 2023 as provisions increased, pushing its shares lower before the tender-offer announcement. Higher credit costs could pressure SAN’s consolidated earnings and returns if Brazilian asset quality deteriorates further. Santander Brasil posts weakest profit since 2023
- Negative Sentiment: Estimates remain mixed: Erste Group slightly reduced its FY2027 EPS forecast to $1.39 from $1.41, although it raised its FY2026 estimate to $1.15 from $1.14. The limited revision suggests modest earnings momentum rather than a major fundamental upgrade. Banco Santander analyst estimates
About Banco Santander
Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.
The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.
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