Independent Financial Group LLC purchased a new stake in Banco Santander, S.A. (NYSE:SAN – Free Report) during the 1st quarter, Holdings Channel reports. The fund purchased 41,420 shares of the bank’s stock, valued at approximately $467,000.
Several other large investors have also modified their holdings of SAN. Orca Wealth Management LLC increased its stake in shares of Banco Santander by 1.4% during the 4th quarter. Orca Wealth Management LLC now owns 65,572 shares of the bank’s stock worth $852,000 after purchasing an additional 894 shares in the last quarter. Composition Wealth LLC grew its holdings in Banco Santander by 8.3% during the 4th quarter. Composition Wealth LLC now owns 12,442 shares of the bank’s stock valued at $146,000 after buying an additional 952 shares during the last quarter. Stratos Investment Management LLC grew its holdings in Banco Santander by 6.3% during the 4th quarter. Stratos Investment Management LLC now owns 16,870 shares of the bank’s stock valued at $198,000 after buying an additional 1,005 shares during the last quarter. Flputnam Investment Management Co. increased its position in Banco Santander by 6.1% during the fourth quarter. Flputnam Investment Management Co. now owns 17,477 shares of the bank’s stock worth $205,000 after buying an additional 1,011 shares in the last quarter. Finally, Fidelis Capital Partners LLC raised its holdings in shares of Banco Santander by 10.3% in the fourth quarter. Fidelis Capital Partners LLC now owns 11,253 shares of the bank’s stock worth $132,000 after acquiring an additional 1,053 shares during the last quarter. 9.19% of the stock is currently owned by institutional investors and hedge funds.
Banco Santander Trading Down 3.9%
Banco Santander stock opened at $13.21 on Friday. The stock has a fifty day moving average price of $13.06 and a 200 day moving average price of $12.36. Banco Santander, S.A. has a 52 week low of $8.29 and a 52 week high of $14.39. The firm has a market capitalization of $194.03 billion, a P/E ratio of 10.74, a PEG ratio of 0.77 and a beta of 0.72.
More Banco Santander News
Here are the key news stories impacting Banco Santander this week:
- Positive Sentiment: Banco Santander reported second-quarter profit that rose 3% year over year, helped by higher revenue and contributions from TSB, while reaffirming its 2026 targets. Reuters article
- Positive Sentiment: The bank said first-half underlying profit hit a record level, supported by customer growth, stronger lending volumes, and digital/AI-driven efficiency gains. PYMNTS article
- Positive Sentiment: Analyst sentiment was supportive, with UBS initiating or reiterating a Buy rating and Bank of America Securities maintaining a Hold, signaling continued interest in the stock after earnings. UBS note Bank of America note
- Positive Sentiment: Santander said the TSB acquisition added about four million customers, and it remains confident the Webster deal will close this year, underscoring its growth strategy. Bloomberg article Yahoo Finance article
- Neutral Sentiment: Santander also said it will not close additional branches before 2028, a move that may support customer retention but could limit near-term cost-cutting flexibility. MSN article
- Negative Sentiment: Despite the profit increase, quarterly EPS came in at $0.27 versus the $0.29 consensus, which likely disappointed some investors and may be contributing to the stock’s weakness. MarketBeat earnings report
- Negative Sentiment: Net profit was also pressured by restructuring charges tied to recent deals, including TSB and Poland, highlighting execution costs from Santander’s expansion strategy. WSJ article
Analyst Upgrades and Downgrades
A number of analysts recently commented on SAN shares. Santander reaffirmed a “buy” rating on shares of Banco Santander in a research note on Tuesday, June 23rd. Wall Street Zen lowered shares of Banco Santander from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Weiss Ratings raised shares of Banco Santander from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Banco Santander
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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