Weekly Research Analysts’ Ratings Updates for Westlake (WLK)
by Jessica Moore · The Cerbat GemSeveral brokerages have updated their recommendations and price targets on shares of Westlake (NYSE: WLK) in the last few weeks:
- 5/6/2026 – Westlake was given a new $130.00 price target by UBS Group AG.
- 5/6/2026 – Westlake had its price target lowered by Wells Fargo & Company from $125.00 to $110.00. They now have an “equal weight” rating on the stock.
- 5/6/2026 – Westlake was downgraded by JPMorgan Chase & Co. from “neutral” to “underweight”. They now have a $90.00 price target on the stock.
- 5/5/2026 – Westlake was given a new $115.00 price target by Morgan Stanley. They now have an “equal weight” rating on the stock.
- 5/3/2026 – Westlake was downgraded by Wall Street Zen from “hold” to “sell”.
- 4/25/2026 – Westlake was upgraded by Wall Street Zen from “sell” to “hold”.
- 4/20/2026 – Westlake had its “sell (d)” rating reaffirmed by Weiss Ratings.
- 4/20/2026 – Westlake was downgraded by Deutsche Bank Aktiengesellschaft from “buy” to “hold”. They now have a $120.00 price target on the stock.
- 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.
Westlake Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Tuesday, March 3rd were issued a $0.53 dividend. The ex-dividend date was Tuesday, March 3rd. This represents a $2.12 annualized dividend and a yield of 2.1%. Westlake’s dividend payout ratio (DPR) is -18.12%.
Insiders Place Their Bets
In other Westlake news, CFO Mark Steven Bender sold 17,409 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $100.92, for a total value of $1,756,916.28. Following the sale, the chief financial officer directly owned 44,433 shares in the company, valued at approximately $4,484,178.36. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.40% of the company’s stock.
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.