Cetera Investment Advisers Has $7.94 Million Stock Holdings in Banco Santander, S.A. $SAN

Cetera Investment Advisers lifted its stake in Banco Santander, S.A. (NYSE:SAN) by 9.2% in the first quarter, HoldingsChannel reports. The firm owned 703,998 shares of the bank’s stock after purchasing an additional 59,304 shares during the period. Cetera Investment Advisers’ holdings in Banco Santander were worth $7,941,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SAN. AQR Capital Management LLC lifted its stake in Banco Santander by 77.4% during the first quarter. AQR Capital Management LLC now owns 419,635 shares of the bank’s stock valued at $2,812,000 after buying an additional 183,051 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Banco Santander by 3.7% in the first quarter. Integrated Wealth Concepts LLC now owns 71,990 shares of the bank’s stock worth $482,000 after acquiring an additional 2,566 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Banco Santander by 271.2% during the first quarter. Jones Financial Companies Lllp now owns 10,276 shares of the bank’s stock valued at $69,000 after acquiring an additional 7,508 shares during the period. Focus Partners Wealth lifted its position in shares of Banco Santander by 65.3% in the 1st quarter. Focus Partners Wealth now owns 71,169 shares of the bank’s stock valued at $477,000 after acquiring an additional 28,107 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of Banco Santander in the 1st quarter valued at approximately $601,000. Hedge funds and other institutional investors own 9.19% of the company’s stock.

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 Stock Performance

SAN stock opened at $14.12 on Friday. The firm has a 50 day simple moving average of $13.28 and a 200 day simple moving average of $12.44. 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 P/E ratio of 11.48, a P/E/G ratio of 0.76 and a beta of 0.72.

Banco Santander (NYSE:SAN) 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). The company had revenue of $17.93 billion during the quarter, compared to analysts’ expectations of $17.90 billion. Banco Santander had a return on equity of 12.43% and a net margin of 26.94%. Sell-side analysts predict that Banco Santander, S.A. will post 1.15 EPS for the current year.

Analyst Upgrades and Downgrades

SAN has been the topic of several research analyst reports. Santander reiterated a “buy” rating on shares of Banco Santander in a research report on Tuesday, June 23rd. Wall Street Zen cut Banco Santander from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Weiss Ratings downgraded Banco Santander from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Banco Santander currently has a consensus rating of “Moderate Buy”.

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.