Sei Investments Co. Purchases 147,776 Shares of Banco Santander, S.A. $SAN

Sei Investments Co. raised its position in Banco Santander, S.A. (NYSE:SAN) by 18.3% in the 1st quarter, HoldingsChannel reports. The fund owned 956,275 shares of the bank’s stock after purchasing an additional 147,776 shares during the period. Sei Investments Co.’s holdings in Banco Santander were worth $10,787,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Lido Advisors LLC grew its holdings in shares of Banco Santander by 162.8% during the 1st quarter. Lido Advisors LLC now owns 110,387 shares of the bank’s stock worth $1,245,000 after purchasing an additional 68,378 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Banco Santander by 9.2% in the first quarter. Cetera Investment Advisers now owns 703,998 shares of the bank’s stock valued at $7,941,000 after purchasing an additional 59,304 shares in the last quarter. Acumen Wealth Advisors LLC lifted its position in Banco Santander by 117.9% in the first quarter. Acumen Wealth Advisors LLC now owns 2,308 shares of the bank’s stock worth $26,000 after purchasing an additional 1,249 shares during the period. First Trust Advisors LP lifted its position in Banco Santander by 0.3% in the first quarter. First Trust Advisors LP now owns 646,366 shares of the bank’s stock worth $7,291,000 after purchasing an additional 2,114 shares during the period. Finally, CacheTech Inc. boosted its stake in Banco Santander by 4.5% during the first quarter. CacheTech Inc. now owns 293,432 shares of the bank’s stock worth $3,310,000 after buying an additional 12,557 shares in the last quarter. Institutional investors own 9.19% of the company’s stock.

Wall Street Analyst Weigh In

SAN has been the subject of a number of recent research reports. Santander restated a “buy” rating on shares of Banco Santander in a research note on Tuesday, June 23rd. Weiss Ratings lowered shares of Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Wednesday. Finally, Wall Street Zen cut shares of Banco Santander from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Six 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. Based on data from MarketBeat.com, Banco Santander has an average rating of “Moderate Buy”.

Banco Santander Price Performance

Banco Santander stock opened at $14.12 on Friday. The business has a 50 day simple moving average of $13.28 and a 200 day simple moving average of $12.44. The company has a market capitalization 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. Banco Santander, S.A. has a one year low of $8.29 and a one year high of $14.39.

Banco Santander (NYSE:SAN) last announced its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). Banco Santander had a net margin of 26.94% and a return on equity of 12.43%. The company had revenue of $17.93 billion during the quarter, compared to the consensus estimate of $17.90 billion. Equities analysts anticipate that Banco Santander, S.A. will post 1.15 earnings per share for the current fiscal year.

Key Banco Santander News

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

Banco Santander Company Profile

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.