
Westlake Corporation (NYSE:WLK – Free Report) – Investment analysts at Zacks Research issued their FY2026 earnings estimates for shares of Westlake in a research report issued to clients and investors on Monday, August 24th. Zacks Research analyst Team expects that the specialty chemicals company will post earnings of $2.78 per share for the year. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Westlake’s current full-year earnings is $3.43 per share. Zacks Research also issued estimates for Westlake’s Q2 2027 earnings at $0.99 EPS, Q3 2027 earnings at $0.34 EPS, Q4 2027 earnings at $0.56 EPS, FY2027 earnings at $2.40 EPS, Q1 2028 earnings at ($0.37) EPS, Q2 2028 earnings at $0.65 EPS and FY2028 earnings at $1.60 EPS.
Westlake (NYSE:WLK – Get Free Report) last posted its earnings results on Tuesday, August 4th. The specialty chemicals company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.18. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.24 billion. Westlake had a negative net margin of 10.94% and a positive return on equity of 0.93%. Westlake’s revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business posted ($1.11) EPS.
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Westlake Stock Down 2.2%
WLK stock opened at $74.83 on Wednesday. Westlake has a one year low of $56.33 and a one year high of $124.23. The firm has a market cap of $9.56 billion, a PE ratio of -7.81 and a beta of 0.63. The firm’s 50 day moving average price is $76.48 and its 200-day moving average price is $93.35. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.70 and a current ratio of 2.45.
Institutional Trading of Westlake
Several hedge funds have recently modified their holdings of the stock. Orbis Allan Gray Ltd boosted its holdings in Westlake by 12.1% in the fourth quarter. Orbis Allan Gray Ltd now owns 4,386,635 shares of the specialty chemicals company’s stock valued at $324,348,000 after purchasing an additional 472,224 shares during the period. Wellington Management Group LLP increased its stake in shares of Westlake by 7,239.1% during the fourth quarter. Wellington Management Group LLP now owns 4,220,717 shares of the specialty chemicals company’s stock worth $312,080,000 after buying an additional 4,163,207 shares during the period. Vanguard Group Inc. raised its holdings in Westlake by 13.9% in the fourth quarter. Vanguard Group Inc. now owns 3,917,329 shares of the specialty chemicals company’s stock valued at $289,647,000 after acquiring an additional 477,698 shares in the last quarter. BlackRock Inc. purchased a new position in Westlake in the second quarter worth approximately $240,474,000. Finally, California State Teachers Retirement System lifted its stake in Westlake by 5,958.8% in the second quarter. California State Teachers Retirement System now owns 2,693,700 shares of the specialty chemicals company’s stock worth $196,640,000 after acquiring an additional 2,649,241 shares during the last quarter. 28.40% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Westlake
In other Westlake news, Chairman Albert Chao sold 38,873 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $80.28, for a total transaction of $3,120,724.44. Following the sale, the chairman directly owned 642,880 shares in the company, valued at $51,610,406.40. This represents a 5.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is currently owned by company insiders.
Westlake Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, August 25th will be paid a dividend of $0.533 per share. This represents a $2.13 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, August 25th. This is an increase from Westlake’s previous quarterly dividend of $0.53. Westlake’s payout ratio is currently -22.13%.
Key Westlake News
Here are the key news stories impacting Westlake this week:
- Positive Sentiment: Zacks Research raised its EPS forecasts for Q3 2026 to $1.17 from $1.02, Q4 2026 to $0.37 from $0.33, and Q1 2027 to $0.50 from $0.43. It also lifted FY2027 EPS to $2.40 from $1.96, suggesting some improvement in near- to medium-term profitability expectations.
- Positive Sentiment: Westlake recently reported quarterly EPS of $2.01, exceeding the $1.83 consensus estimate, while revenue of $3.27 billion also topped expectations and increased 10.8% year over year. Why Is Westlake in Focus After Stronger Results?
- Neutral Sentiment: Analysts reached a consensus “Hold” recommendation, indicating limited conviction that the recent earnings improvement will translate into a clear sustained recovery. Westlake Receives Consensus Recommendation of Hold
- Negative Sentiment: Zacks Research maintains a “Strong Sell” rating and reduced its Q3 2027 EPS forecast to $0.34 from $0.73 and Q1 2028 EPS to a loss of $0.37 from a loss of $0.02. These cuts point to expected earnings volatility and weaker conditions beyond the near term.
- Negative Sentiment: Zacks also lowered its FY2028 EPS forecast to $1.60 from $2.00. The estimate is well below the broader current-year consensus of $3.43, reinforcing concerns about Westlake’s longer-term earnings power.
About Westlake
Westlake Corp. is a global manufacturer of petrochemicals, polymers and building products, serving customers across industrial and residential markets. The company’s core operations encompass the production of vinyls—primarily polyvinyl chloride (PVC) and its key feedstock vinyl chloride monomer (VCM)—as well as chlor-alkali products including caustic soda and chlorine. In addition, Westlake produces ethylene, propylene and specialty elastomers, along with construction-related materials such as vinyl siding, trim, windows and roofing systems.
Operating a network of vertically integrated plants and distribution centers, Westlake serves markets in North America, Europe and Asia.
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