Quantinno Capital Management LP lifted its stake in shares of Banco Santander, S.A. (NYSE:SAN – Free Report) by 37.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,566,939 shares of the bank’s stock after purchasing an additional 705,034 shares during the quarter. Quantinno Capital Management LP’s holdings in Banco Santander were worth $28,955,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the company. Acumen Wealth Advisors LLC raised its stake in Banco Santander by 117.9% in the 1st quarter. Acumen Wealth Advisors LLC now owns 2,308 shares of the bank’s stock worth $26,000 after acquiring an additional 1,249 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in Banco Santander during the 1st quarter valued at about $28,000. Eagle Bay Advisors LLC acquired a new position in shares of Banco Santander in the fourth quarter valued at about $31,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Banco Santander during the fourth quarter worth about $34,000. Finally, Sound Income Strategies LLC boosted its position in Banco Santander by 11,752.0% in the fourth quarter. Sound Income Strategies LLC now owns 2,963 shares of the bank’s stock valued at $36,000 after buying an additional 2,938 shares during the last quarter. 9.19% of the stock is owned by institutional investors and hedge funds.
Banco Santander Stock Up 0.0%
Shares of SAN stock opened at $14.12 on Friday. Banco Santander, S.A. has a 52-week low of $8.29 and a 52-week high of $14.39. The stock has a market cap of $207.34 billion, a PE ratio of 11.48, a price-to-earnings-growth ratio of 0.76 and a beta of 0.72. The business has a 50-day simple moving average of $13.28 and a 200-day simple moving average of $12.44.
Analysts Set New Price Targets
SAN has been the subject of a number of recent research reports. Santander reissued a “buy” rating on shares of Banco Santander in a research report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Banco Santander from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Weiss Ratings lowered shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Banco Santander has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on SAN
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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