Westlake Co. Expected to Earn Q2 2025 Earnings of $2.13 Per Share (NYSE:WLK)

Westlake Co. (NYSE:WLK - Free Report) - KeyCorp issued their Q2 2025 earnings estimates for Westlake in a note issued to investors on Sunday, October 6th. KeyCorp analyst A. Yefremov forecasts that the specialty chemicals company will earn $2.13 per share for the quarter. The consensus estimate for Westlake's current full-year earnings is $7.13 per share. KeyCorp also issued estimates for Westlake's Q3 2025 earnings at $2.05 EPS and Q4 2025 earnings at $1.45 EPS.

Several other brokerages have also recently weighed in on WLK. BMO Capital Markets upped their target price on Westlake from $167.00 to $171.00 and gave the stock a "market perform" rating in a report on Tuesday, August 13th. Barclays upgraded shares of Westlake from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $162.00 to $180.00 in a report on Monday, September 30th. Royal Bank of Canada raised shares of Westlake from a "sector perform" rating to an "outperform" rating and raised their target price for the company from $157.00 to $174.00 in a research report on Friday, August 23rd. Mizuho initiated coverage on shares of Westlake in a research report on Thursday, August 8th. They issued an "outperform" rating and a $170.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Westlake from $123.00 to $135.00 and gave the company an "underweight" rating in a report on Thursday, August 15th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Westlake presently has an average rating of "Hold" and a consensus target price of $167.50.

Westlake Trading Down 2.4 %

NYSE:WLK traded down $3.42 during midday trading on Tuesday, hitting $142.10. The stock had a trading volume of 415,499 shares, compared to its average volume of 437,592. The stock has a 50-day moving average of $143.92 and a 200 day moving average of $148.73. The company has a market capitalization of $18.27 billion, a price-to-earnings ratio of 71.41, a PEG ratio of 1.92 and a beta of 1.17. Westlake has a one year low of $112.77 and a one year high of $162.64. The company has a quick ratio of 1.94, a current ratio of 2.61 and a debt-to-equity ratio of 0.41.

Westlake (NYSE:WLK - Get Free Report) last issued its earnings results on Tuesday, August 6th. The specialty chemicals company reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $1.99 by $0.41. Westlake had a net margin of 2.27% and a return on equity of 7.84%. The business had revenue of $3.21 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same period in the prior year, the firm earned $2.31 EPS. The company's revenue for the quarter was down 1.4% compared to the same quarter last year.

Institutional Investors Weigh In On Westlake

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WLK. RiverFront Investment Group LLC purchased a new stake in shares of Westlake during the second quarter worth about $1,159,000. Cetera Investment Advisers grew its position in Westlake by 134.4% during the 2nd quarter. Cetera Investment Advisers now owns 7,612 shares of the specialty chemicals company's stock worth $1,102,000 after purchasing an additional 4,364 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in Westlake during the 2nd quarter worth approximately $10,302,000. Kimelman & Baird LLC acquired a new position in Westlake during the 2nd quarter valued at approximately $217,000. Finally, Creative Planning raised its holdings in shares of Westlake by 4.6% in the second quarter. Creative Planning now owns 5,737 shares of the specialty chemicals company's stock worth $831,000 after buying an additional 250 shares during the last quarter. 28.40% of the stock is currently owned by hedge funds and other institutional investors.

Westlake Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, August 20th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.48%. This is an increase from Westlake's previous quarterly dividend of $0.50. The ex-dividend date was Tuesday, August 20th. Westlake's payout ratio is 105.53%.

About Westlake

Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products.