A number of firms have modified their ratings and price targets on shares of Westlake (NYSE: WLK) recently:
- 4/10/2026 – Westlake was given a new $145.00 price target by Royal Bank Of Canada. They now have an “outperform” rating on the stock.
- 4/8/2026 – Westlake had its price target raised by Citigroup Inc. from $130.00 to $145.00. They now have a “buy” rating on the stock.
- 4/6/2026 – Westlake had its price target raised by Wells Fargo & Company from $110.00 to $125.00. They now have an “equal weight” rating on the stock.
- 4/6/2026 – Westlake had its “neutral” rating reaffirmed by Bank of America Corporation. They now have a $119.00 price target on the stock.
- 3/26/2026 – Westlake had its price target raised by Truist Financial Corporation from $117.00 to $127.00. They now have a “buy” rating on the stock.
- 3/23/2026 – Westlake had its price target raised by Mizuho from $97.00 to $110.00. They now have a “neutral” rating on the stock.
- 3/18/2026 – Westlake had its price target raised by UBS Group AG from $129.00 to $139.00. They now have a “buy” rating on the stock.
- 3/13/2026 – Westlake had its price target raised by Wells Fargo & Company from $100.00 to $110.00. They now have an “equal weight” rating on the stock.
- 3/12/2026 – Westlake had its price target raised by Citigroup Inc. from $124.00 to $130.00. They now have a “buy” rating on the stock.
- 3/5/2026 – Westlake was upgraded by BMO Capital Markets from “market perform” to “outperform”. They now have a $127.00 price target on the stock, up from $108.00.
- 3/2/2026 – Westlake had its “buy” rating reaffirmed by Bank of America Corporation.
- 2/26/2026 – Westlake was upgraded by Zacks Research from “strong sell” to “hold”.
- 2/26/2026 – Westlake had its price target raised by Citigroup Inc. from $100.00 to $124.00. They now have a “buy” rating on the stock.
- 2/26/2026 – Westlake had its price target raised by Wells Fargo & Company from $70.00 to $100.00. They now have an “equal weight” rating on the stock.
- 2/25/2026 – Westlake had its price target raised by UBS Group AG from $92.00 to $129.00. They now have a “buy” rating on the stock.
- 2/25/2026 – Westlake had its price target raised by Mizuho from $88.00 to $97.00. They now have a “neutral” rating on the stock.
Westlake Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Tuesday, March 3rd were given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, March 3rd. Westlake’s dividend payout ratio (DPR) is -18.12%.
Insider Transactions at Westlake
In related news, CFO Mark Steven Bender sold 17,409 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $100.92, for a total transaction of $1,756,916.28. Following the transaction, the chief financial officer owned 44,433 shares in the company, valued at $4,484,178.36. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.40% of the stock is owned by corporate insiders.
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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