Callan Family Office LLC Sells 75,460 Shares of Banco Santander, S.A. $SAN

Callan Family Office LLC reduced its position in Banco Santander, S.A. (NYSE:SAN) by 18.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 324,982 shares of the bank’s stock after selling 75,460 shares during the quarter. Callan Family Office LLC’s holdings in Banco Santander were worth $3,406,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Chevy Chase Trust Holdings LLC increased its stake in Banco Santander by 22.0% in the second quarter. Chevy Chase Trust Holdings LLC now owns 14,482,986 shares of the bank’s stock valued at $120,209,000 after acquiring an additional 2,607,392 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Banco Santander by 2,038,075.5% in the 2nd quarter. Lazard Asset Management LLC now owns 7,643,158 shares of the bank’s stock valued at $63,438,000 after purchasing an additional 7,642,783 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Banco Santander by 68.5% in the 2nd 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. raised its holdings in shares of Banco Santander by 9.5% during the 2nd quarter. American Century Companies Inc. now owns 3,614,912 shares of the bank’s stock worth $30,004,000 after buying an additional 315,032 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Banco Santander by 153.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,001,256 shares of the bank’s stock worth $24,910,000 after buying an additional 1,817,192 shares during the last quarter. 9.19% of the stock is currently owned by institutional investors and hedge funds.

Banco Santander News Roundup

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

• Positive Sentiment: Quarterly results beat expectations: Santander reported $0.28 EPS (vs. $0.25 consensus) and revenue of $18.9B (vs. $15.9B est.), showing stronger-than-expected performance and healthy margins/ROE — a near-term fundamental positive. MarketBeat Earnings Report
• Positive Sentiment: Major U.S. expansion via Webster acquisition: Santander agreed to acquire Webster Financial for roughly $12.2–12.3B, creating a top-10 U.S. retail and commercial bank — strategic scale in the U.S. could lift long-term revenue and diversification. Reuters: Santander to buy Webster Financial
• Neutral Sentiment: Exploring sale/transfer of UK pension assets: Santander (with NatWest) is reported to be exploring transfers of multi‑billion‑pound pension assets — could reduce long‑term liability exposure but timing and proceeds are uncertain. Reuters: Pension transfers report
• Neutral Sentiment: UK leadership change: Mahesh Aditya appointed CEO of Santander UK (overseeing TSB integration) — operationally important but not an immediate earnings shock. Finextra: Mahesh Aditya appointment
• Negative Sentiment: Deal size, financing and integration risks could pressure the stock: the Webster deal is a cash‑and‑stock transaction (terms: $48.75 cash + 2.0548 Santander ADS per Webster share), which implies dilution, execution and regulatory risks and near‑term balance‑sheet/earnings impact that may concern investors. BusinessWire: Deal terms

Banco Santander Stock Down 6.3%

Shares of NYSE:SAN opened at $12.23 on Wednesday. The firm has a market cap of $182.11 billion, a P/E ratio of 13.02, a P/E/G ratio of 0.78 and a beta of 0.72. Banco Santander, S.A. has a 12-month low of $5.06 and a 12-month high of $13.11. The business has a fifty day simple moving average of $11.80 and a 200 day simple moving average of $10.50.

Banco Santander (NYSE:SAN) last issued its quarterly earnings results on Wednesday, February 4th. The bank reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.03. The company 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 11.68% and a net margin of 17.90%. As a group, equities research analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SAN. Zacks Research cut Banco Santander from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Kepler Capital Markets raised shares of Banco Santander from a “hold” rating to a “buy” rating in a report on Tuesday, January 13th. Barclays downgraded shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. DZ Bank downgraded shares of Banco Santander from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 18th. Finally, UBS Group cut 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 given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

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.