Westlake Chemical Partners (NYSE:WLKP) Rating Lowered to Hold at Wall Street Zen

Posted by George Bondi on Aug 17th, 2026

Westlake Chemical Partners (NYSE:WLKP – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings raised shares of Westlake Chemical Partners from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Westlake Chemical Partners

Westlake Chemical Partners Stock Performance

Shares of WLKP opened at $21.74 on Friday. The company has a market capitalization of $766.34 million, a PE ratio of 13.34, a PEG ratio of 0.62 and a beta of 0.53. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.36 and a current ratio of 3.44. The company’s 50 day moving average price is $22.26 and its 200 day moving average price is $22.27. Westlake Chemical Partners has a 52 week low of $17.75 and a 52 week high of $23.88.

Westlake Chemical Partners (NYSE:WLKP – Get Free Report) last released its earnings results on Tuesday, August 4th. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). The company had revenue of $297.10 million during the quarter, compared to analysts’ expectations of $537.00 million. Westlake Chemical Partners had a return on equity of 7.25% and a net margin of 4.66%. Research analysts expect that Westlake Chemical Partners will post 1.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Pinnacle Holdings LLC bought a new position in shares of Westlake Chemical Partners during the 2nd quarter valued at $867,000. Royal Bank of Canada increased its position in Westlake Chemical Partners by 36.6% during the first quarter. Royal Bank of Canada now owns 10,582 shares of the basic materials company’s stock worth $234,000 after buying an additional 2,833 shares during the last quarter. Energy Income Partners LLC increased its position in Westlake Chemical Partners by 1.1% during the first quarter. Energy Income Partners LLC now owns 1,582,007 shares of the basic materials company’s stock worth $34,947,000 after buying an additional 17,518 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Westlake Chemical Partners by 9.1% during the first quarter. Geneos Wealth Management Inc. now owns 6,874 shares of the basic materials company’s stock valued at $152,000 after buying an additional 572 shares in the last quarter. Finally, Pathway Financial Advisers LLC raised its holdings in Westlake Chemical Partners by 3.1% during the first quarter. Pathway Financial Advisers LLC now owns 106,598 shares of the basic materials company’s stock valued at $2,355,000 after buying an additional 3,221 shares in the last quarter. Institutional investors and hedge funds own 78.28% of the company’s stock.

Westlake Chemical Partners Company Profile

(Get Free Report)

Westlake Chemical Partners LP (NYSE: WLKP) is a publicly traded master limited partnership sponsored by Westlake Chemical Corporation. The partnership owns, operates and acquires a portfolio of ethylene and vinyl manufacturing assets throughout the United States and the United Kingdom. As a downstream producer of basic chemicals and intermediates, WLKP supplies key industrial feedstocks to customers in a variety of end markets.

WLKP’s operations are organized into two primary segments: olefins and vinyls.