Americana Partners LLC Purchases New Holdings in Banco Santander, S.A. $SAN

Key Points

• Americana Partners LLC acquired 221,304 Banco Santander shares during the third quarter, valued at approximately $3.06 million.
• Institutional ownership stands at 9.19%, with several other investment firms recently increasing stakes or initiating positions in SAN.
• Analyst sentiment remains generally positive, with an average rating of “Moderate Buy” and a consensus price target of $15.10, although multiple firms recently downgraded the stock to “Hold.”

Americana Partners LLC purchased a new position in shares of Banco Santander, S.A. (NYSE:SAN - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 221,304 shares of the bank's stock, valued at approximately $3,061,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Acumen Wealth Advisors LLC grew its stake in shares of Banco Santander by 117.9% in the 1st quarter. Acumen Wealth Advisors LLC now owns 2,308 shares of the bank's stock valued at $26,000 after buying an additional 1,249 shares during the period. Whipplewood Advisors LLC acquired a new position in Banco Santander during the 1st quarter worth approximately $28,000. Financial Management Professionals Inc. raised its stake in Banco Santander by 151.1% during the 2nd quarter. Financial Management Professionals Inc. now owns 2,471 shares of the bank's stock worth $34,000 after buying an additional 1,487 shares during the period. Compass Financial Management LLC acquired a new position in Banco Santander during the 2nd quarter worth approximately $34,000. Finally, Washington Trust Advisors Inc. bought a new position in Banco Santander in the third quarter worth approximately $37,000. 9.19% of the stock is currently owned by institutional investors.

Banco Santander Stock Performance

Shares of SAN opened at $11.20 on Friday. Banco Santander, S.A. has a 12 month low of $9.96 and a 12 month high of $15.05. The company has a market capitalization of $164.52 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 0.54 and a beta of 0.74. The stock has a 50 day moving average of $13.90 and a 200 day moving average of $12.95. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 14.00.

Banco Santander Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, November 5th. Shareholders of record on Friday, October 30th will be given a $0.1439 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a yield of 257.0%. Banco Santander's payout ratio is currently 17.07%.

More Banco Santander News

Here are the key news stories impacting Banco Santander this week:

• Positive Sentiment: Banco Santander reported a record €12.405 billion profit for the first nine months of 2026, providing evidence of resilient earnings and supporting the bank’s investment case. Banco Santander SA reports record profit of EUR 12,405 million for 9M 2026
• Positive Sentiment: The bank completed a €1.825 billion share-buyback program, which can support earnings per share and return capital to shareholders. Banco Santander completes share buyback programme
• Neutral Sentiment: Expansion in the United States is producing growth but also raising questions about execution, competitive pressure and the returns generated by the investment. Santander, BBVA US Push Is Producing Results, And Questions
• Negative Sentiment: Erste Group Bank downgraded Banco Santander from “buy” to “hold,” reducing near-term analyst support for the shares. Erste Group Bank recommendations
• Negative Sentiment: Weakness at Santander UK, including a profit decline and a new cost-cutting drive, signals pressure on revenue and operating efficiency. Santander UK turns to more cost-cutting after profit slip
• Negative Sentiment: Uncertainty surrounding Santander Brasil’s outlook and a surprise Brazilian election result have increased perceived political, credit and earnings risks. Banco Santander Brasil Q3: Uninspiring Past, Uncertain Future
• Negative Sentiment: A reported investor investigation adds legal and reputational uncertainty, potentially contributing to selling pressure. Banco Santander investigation notice

Analyst Upgrades and Downgrades

SAN has been the subject of a number of research reports. Jefferies Financial Group cut Banco Santander from a "buy" rating to a "hold" rating in a research note on Tuesday, October 20th. Royal Bank Of Canada reaffirmed a "buy" rating on shares of Banco Santander in a research report on Tuesday, July 28th. Weiss Ratings cut Banco Santander from a "buy (a-)" rating to a "buy (b+)" rating in a report on Friday, October 23rd. Erste Group Bank lowered shares of Banco Santander from a "buy" rating to a "hold" rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Banco Santander in a report on Monday, July 27th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $15.10.

About Banco Santander

Banco Santander, SA is a Spain-based global banking group founded in 1857 and headquartered in Santander, Spain. The company provides financial services to individuals, businesses, institutions and governments through a network spanning Europe, North America and South America.

Its principal activities include retail and commercial banking, consumer finance, corporate and investment banking, payments, asset management and private banking. Santander offers products and services such as current and savings accounts, mortgages, personal and business loans, credit cards, insurance, investment products, cash-management services and financing for corporate clients.

The group operates through established banking businesses in markets including Spain, the United Kingdom, Portugal, Poland, Brazil, Mexico, Chile, Argentina and the United States.

Want to see what other hedge funds are holding SAN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Santander, S.A. (NYSE:SAN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.