Teachers Retirement System of The State of Kentucky Raises Stake in Westlake Corporation $WLK

Posted by Stanley Muller on Jul 14th, 2026

Teachers Retirement System of The State of Kentucky increased its stake in Westlake Corporation (NYSE:WLK – Free Report) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,160 shares of the specialty chemicals company’s stock after purchasing an additional 12,845 shares during the quarter. Teachers Retirement System of The State of Kentucky owned 0.14% of Westlake worth $20,814,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in Westlake during the third quarter worth about $28,000. Quarry LP acquired a new stake in shares of Westlake during the 4th quarter valued at approximately $31,000. Fifth Third Bancorp lifted its position in shares of Westlake by 71.3% during the 4th quarter. Fifth Third Bancorp now owns 562 shares of the specialty chemicals company’s stock valued at $42,000 after acquiring an additional 234 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of Westlake during the 3rd quarter worth approximately $53,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Westlake by 49.6% during the 2nd quarter. NewEdge Advisors LLC now owns 745 shares of the specialty chemicals company’s stock worth $57,000 after acquiring an additional 247 shares in the last quarter. Institutional investors and hedge funds own 28.40% of the company’s stock.

Westlake Stock Performance

NYSE WLK opened at $76.08 on Tuesday. Westlake Corporation has a fifty-two week low of $56.33 and a fifty-two week high of $124.23. The stock has a market cap of $9.75 billion, a price-to-earnings ratio of -5.99 and a beta of 0.62. The business has a fifty day moving average of $84.68 and a 200-day moving average of $94.43. The company has a quick ratio of 1.56, a current ratio of 2.17 and a debt-to-equity ratio of 0.56.

Westlake (NYSE:WLK – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.67). The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.79 billion. Westlake had a negative net margin of 14.91% and a negative return on equity of 1.89%. The firm’s revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the business earned ($0.31) EPS. As a group, analysts predict that Westlake Corporation will post 3.37 earnings per share for the current fiscal year.

Westlake Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Wednesday, May 27th were issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Wednesday, May 27th. Westlake’s dividend payout ratio is -16.69%.

Analysts Set New Price Targets

WLK has been the subject of several research analyst reports. Morgan Stanley dropped their price objective on Westlake from $106.00 to $92.00 and set an “equal weight” rating for the company in a research note on Thursday, July 2nd. Bank of America lowered their target price on Westlake from $104.00 to $85.00 and set a “neutral” rating on the stock in a report on Tuesday, June 30th. JPMorgan Chase & Co. upgraded Westlake from an “underweight” rating to a “neutral” rating and set a $90.00 price target for the company in a research report on Monday, May 18th. Mizuho cut their price target on Westlake from $110.00 to $88.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. Finally, Truist Financial boosted their price objective on shares of Westlake from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $98.79.

Check Out Our Latest Stock Report on WLK

Westlake Company Profile

(Free Report)

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.

Institutional Ownership by Quarter for Westlake (NYSE:WLK)

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