WD Rutherford LLC Purchases New Stake in Banco Santander, S.A. $SAN

Posted by George Bondi on Oct 28th, 2026

WD Rutherford LLC purchased a new position in Banco Santander, S.A. (NYSE:SAN – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 116,986 shares of the bank’s stock, valued at approximately $1,618,000.

A number of other institutional investors have also added to or reduced their stakes in SAN. Bank of America Corp DE lifted its holdings in shares of Banco Santander by 118.9% in the first quarter. Bank of America Corp DE now owns 11,413,194 shares of the bank’s stock worth $128,741,000 after buying an additional 6,198,828 shares in the last quarter. Quantinno Capital Management LP grew its stake in Banco Santander by 37.9% during the first quarter. Quantinno Capital Management LP now owns 2,566,939 shares of the bank’s stock valued at $28,955,000 after acquiring an additional 705,034 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Banco Santander by 32.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,535,847 shares of the bank’s stock valued at $17,324,000 after acquiring an additional 373,646 shares during the last quarter. QRG Capital Management Inc. increased its holdings in Banco Santander by 10.4% in the 1st quarter. QRG Capital Management Inc. now owns 1,473,746 shares of the bank’s stock valued at $16,624,000 after acquiring an additional 138,582 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Banco Santander by 18.3% in the 1st quarter. Sei Investments Co. now owns 956,275 shares of the bank’s stock worth $10,787,000 after purchasing an additional 147,776 shares in the last quarter. 9.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SAN has been the subject of several research reports. Jefferies Financial Group downgraded shares of Banco Santander from a “buy” rating to a “hold” rating in a report on Tuesday, October 20th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Banco Santander in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Banco Santander in a research report on Monday, July 27th. Barclays reissued a “buy” rating on shares of Banco Santander in a research note on Tuesday, July 14th. Finally, UBS Group restated a “buy” rating on shares of Banco Santander in a report on Monday, September 21st. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.10.

Read Our Latest Research Report on Banco Santander

Banco Santander Stock Performance

NYSE:SAN opened at $12.46 on Wednesday. The stock’s fifty day moving average is $14.06 and its 200 day moving average is $12.96. Banco Santander, S.A. has a fifty-two week low of $9.94 and a fifty-two week high of $15.05.

Banco Santander Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, November 5th. Shareholders of record on Friday, October 30th will be given a dividend of $0.1439 per share. The ex-dividend date is Friday, October 30th. This represents a yield of 217.0%.

Banco Santander Profile

(Free Report)

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.