New York State Common Retirement Fund Sells 90,145 Shares of Banco Santander, S.A. $SAN

New York State Common Retirement Fund lowered its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 21.7% in the third quarter, Holdings Channel reports. The firm owned 324,452 shares of the bank’s stock after selling 90,145 shares during the period. New York State Common Retirement Fund’s holdings in Banco Santander were worth $3,400,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Chevy Chase Trust Holdings LLC boosted its holdings in shares of Banco Santander by 22.0% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 14,482,986 shares of the bank’s stock worth $120,209,000 after buying an additional 2,607,392 shares during the period. Lazard Asset Management LLC boosted its holdings in Banco Santander by 2,038,075.5% during the second quarter. Lazard Asset Management LLC now owns 7,643,158 shares of the bank’s stock valued at $63,438,000 after acquiring an additional 7,642,783 shares during the period. Bank of America Corp DE grew its position in shares of Banco Santander by 68.5% in the second quarter. Bank of America Corp DE now owns 4,778,086 shares of the bank’s stock valued at $39,658,000 after purchasing an additional 1,942,579 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Banco Santander by 9.5% in the second quarter. American Century Companies Inc. now owns 3,614,912 shares of the bank’s stock worth $30,004,000 after purchasing an additional 315,032 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in Banco Santander by 153.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,001,256 shares of the bank’s stock valued at $24,910,000 after purchasing an additional 1,817,192 shares during the period. Institutional investors own 9.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SAN shares. Barclays lowered Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Santander in a research note on Wednesday, January 21st. DZ Bank lowered shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 18th. Kepler Capital Markets raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research report on Tuesday, January 13th. Finally, UBS Group cut shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Key Banco Santander News

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

• Positive Sentiment: Company reported record 2025 results and announced a large share buyback (≈€5.0B), boosting capital return expectations and supporting the stock. Banco Santander Delivers Record 2025 Results and Launches €5 Billion Buyback
• Positive Sentiment: Board approved a €5.03B buyback tied to the Poland sale and 2025 profits — direct shareholder capital return that typically supports the share price. Banco Santander Launches €5.03 Billion Share Buyback Tied to Poland Sale and 2025 Profits
• Positive Sentiment: Santander agreed to buy Webster Financial for about $12.3B, accelerating U.S. retail expansion and potential NII (net interest income) growth — seen as strategic M&A that can lift long-term earnings. Santander to buy Webster for $12.3B
• Positive Sentiment: Quarterly earnings beat expectations and trading volume spiked, signaling investor enthusiasm for the results and buyback/transaction news. Banco Santander (NYSE:SAN) Sees Strong Trading Volume on Better-Than-Expected Earnings
• Positive Sentiment: Settlement of Brazilian tax disputes with peers reduces contingent litigation risk and potential future charges. Itau, Santander, Citi strike deals to end Brazilian tax disputes
• Neutral Sentiment: Company launched an ESOP ADR shelf and flagged UK cost-cutting measures — structural moves that could improve shareholder returns but carry implementation uncertainty. What Banco Santander (BME:SAN)’s ESOP ADR Shelf and UK Cost Cuts Mean For Shareholders
• Neutral Sentiment: Management scheduled an analyst audioconference and published a 2025 results framework with detail on the Webster deal — useful for due diligence but contains forward-looking assumptions. Banco Santander Schedules Analyst Audioconference Accessible Online
• Negative Sentiment: Santander clarified use of non‑IFRS metrics and flagged wide-ranging risks to its outlook, and separately highlighted risks around the Webster acquisition — these disclosures may limit near-term multiple expansion as investors price in integration and accounting risks. Santander Clarifies Use of Non-IFRS Metrics and Flags Wide-Ranging Risks to Outlook

Banco Santander Stock Up 3.9%

NYSE:SAN opened at $12.71 on Friday. The firm has a market capitalization of $189.19 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 0.75 and a beta of 0.72. Banco Santander, S.A. has a 12-month low of $5.54 and a 12-month high of $13.11. The firm has a 50-day moving average price of $11.91 and a 200 day moving average price of $10.57.

Banco Santander (NYSE:SAN) last issued its earnings results on Tuesday, February 3rd. The bank reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $18.90 billion during the quarter, compared to analysts’ expectations of $15.89 billion. Banco Santander had a return on equity of 12.14% and a net margin of 18.85%. On average, research analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current year.

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.