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Westlake (WLK) News Today

$158.95
+0.39 (+0.25%)
(As of 05/28/2024 ET)
StockNews.com Downgrades Westlake (NYSE:WLK) to Sell
StockNews.com downgraded Westlake from a "hold" rating to a "sell" rating in a research note on Monday.
Westlake Co. (NYSE:WLK) to Post FY2024 Earnings of $6.53 Per Share, Zacks Research Forecasts
Westlake Co. (NYSE:WLK - Free Report) - Stock analysts at Zacks Research raised their FY2024 EPS estimates for shares of Westlake in a note issued to investors on Monday, May 20th. Zacks Research analyst R. Department now expects that the specialty chemicals company will post earnings of $6.53 pe
Westlake Co. (NYSE:WLK) Receives Consensus Recommendation of "Hold" from Analysts
Westlake Co. (NYSE:WLK - Get Free Report) has been given a consensus rating of "Hold" by the fourteen analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and four have
Westlake Co. (NYSE:WLK) Shares Acquired by BI Asset Management Fondsmaeglerselskab A S
BI Asset Management Fondsmaeglerselskab A S boosted its stake in Westlake Co. (NYSE:WLK - Free Report) by 48.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,309 shares of the specialty ch
Zacks Research Research Analysts Reduce Earnings Estimates for Westlake Co. (NYSE:WLK)
Westlake Co. (NYSE:WLK - Free Report) - Zacks Research lowered their Q2 2024 EPS estimates for Westlake in a report issued on Monday, May 20th. Zacks Research analyst R. Department now expects that the specialty chemicals company will post earnings of $1.72 per share for the quarter, down from th
53,504 Shares in Westlake Co. (NYSE:WLK) Purchased by Janney Montgomery Scott LLC
Janney Montgomery Scott LLC purchased a new stake in Westlake Co. (NYSE:WLK - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 53,504 shares of the specialty chemicals company's stock, valued at approximately $7,488
Dimensional Fund Advisors LP Has $143.62 Million Stock Holdings in Westlake Co. (NYSE:WLK)
Dimensional Fund Advisors LP lowered its stake in shares of Westlake Co. (NYSE:WLK - Free Report) by 6.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,026,066 shares of the specialty chemicals company's stock after se
Lmcg Investments LLC Boosts Stake in Westlake Co. (NYSE:WLK)
Lmcg Investments LLC raised its holdings in Westlake Co. (NYSE:WLK - Free Report) by 45.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,527 shares of the specialty chemicals company's stock after p
Westlake Co. to Issue Quarterly Dividend of $0.50 (NYSE:WLK)
Westlake Co. (NYSE:WLK) announced a quarterly dividend on Monday, May 13th. Stockholders of record on Tuesday, May 21st will be given a dividend of 0.50 per share by the specialty chemicals company on Thursday, June 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Monday, May 20th.
Westlake Co. (NYSE:WLK) Short Interest Down 16.4% in April
Westlake Co. (NYSE:WLK - Get Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 1,220,000 shares, a decline of 16.4% from the April 15th total of 1,460,000 shares. Approximately 3.7% of the company's stock are short sold. Based on an average daily trading volume, of 447,900 shares, the short-interest ratio is presently 2.7 days.
Westlake Corporation Declares Quarterly Dividend
Piper Sandler Raises Westlake (NYSE:WLK) Price Target to $180.00
Piper Sandler upped their price objective on Westlake from $160.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday.
Westlake Co. (NYSE:WLK) CFO Sells $753,340.50 in Stock
Westlake Co. (NYSE:WLK - Get Free Report) CFO Mark Steven Bender sold 4,950 shares of Westlake stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $152.19, for a total transaction of $753,340.50. Following the transaction, the chief financial officer now owns 40,356 shares of the company's stock, valued at $6,141,779.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Westlake (NYSE:WLK) Announces Quarterly Earnings Results
Westlake (NYSE:WLK - Get Free Report) announced its quarterly earnings data on Wednesday. The specialty chemicals company reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.25. Westlake had a return on equity of 9.70% and a net margin of 3.82%. The business had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.93 billion. During the same period last year, the firm earned $3.05 earnings per share. The company's revenue for the quarter was down 11.4% compared to the same quarter last year.
Victory Capital Management Inc. Has $457.03 Million Stock Holdings in Westlake Co. (NYSE:WLK)
Victory Capital Management Inc. trimmed its stake in shares of Westlake Co. (NYSE:WLK - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 3,265,420 shares of the specialty chemicals company's stock after selling 103,824 share
abrdn plc Acquires 5,628 Shares of Westlake Co. (NYSE:WLK)
abrdn plc boosted its holdings in Westlake Co. (NYSE:WLK - Free Report) by 100.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,223 shares of the specialty chemicals company's stock after purchasing an additional 5,
IFM Investors Pty Ltd Invests $1.08 Million in Westlake Co. (NYSE:WLK)
IFM Investors Pty Ltd acquired a new stake in shares of Westlake Co. (NYSE:WLK - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 7,093 shares of the specialty chemicals company's stock, valued at approximately $1,
Wedge Capital Management L L P NC Grows Stock Position in Westlake Co. (NYSE:WLK)
Wedge Capital Management L L P NC lifted its stake in Westlake Co. (NYSE:WLK - Free Report) by 19.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,811 shares of the specialty chemicals company's stock af
Westlake Corporation
9,000 Shares in Westlake Co. (NYSE:WLK) Acquired by Louisiana State Employees Retirement System
Louisiana State Employees Retirement System acquired a new position in Westlake Co. (NYSE:WLK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,000 shares of the specialty chemicals company's stock,
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This page (NYSE:WLK) was last updated on 5/28/2024 by MarketBeat.com Staff

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