Brandes Investment Partners 13F: Adds $13M to WLK Stake

Brandes Investment Partners Grows Westlake Holdings

Brandes Investment Partners added to its portfolio during the period, boosting its holdings in Westlake Corporation NYSE: WLK by a 10.3% margin. According to a Form 13F filed with the SEC, the firm picked up an extra 172,323 shares. This pushed its total position to 1,842,650 shares. Based on the reporting period, the position carried an estimated value of $135.6 million. Because 13F filings are backward-looking, this report reflects holdings as of May 15, 2026, and may not represent the investor's current position today.

Westlake Stock Performance and Price Context

Shares of Westlake Corporation traded near $73.61 recently, positioned well below the 200-day moving average of $88.49 and slightly below the 50-day moving average of $75.11. The specialty chemicals producer has traded between a 52-week low of $56.33 and a 52-week high of $124.23.

Recent Insider Activity at Westlake

Corporate leadership also made moves in company stock recently. On June 15, 2026, Jonathan Baksht, SVP and CFO, acquired 20,580 shares. Insiders frequently buy or sell shares for personal financial planning reasons, and these transactions offer a window into executive sentiment alongside institutional filings.

Analysts Set New Price Targets

Wall Street firms continue to evaluate Westlake Corporation with varied price targets. On September 25, 2026, UBS maintained a buy rating with a $98.00 target. Later, on September 30, 2026, Citigroup maintained a neutral rating with a $67.00 target. On October 1, 2026, Truist Securities maintained a buy rating with a $90.00 target, while Wells Fargo maintained an equal-weight rating with a $68.00 target. On October 5, 2026, UBS maintained a buy rating while adjusting its target to $86.00. Additional updates arrived on October 13, 2026, when RBC Capital maintained an outperform rating with a $74.00 target, and Barclays initiated coverage with an underweight rating and a $66.00 target. Finally, JP Morgan maintained a neutral rating with a $65.00 target on October 16, 2026. The stock holds a consensus buy recommendation with a mean price target of $92.81 across 16 analyst opinions.

About Westlake Corporation

Headquartered in Houston, Texas, Westlake Corporation manufactures and markets performance and essential materials alongside housing and infrastructure products. Its operations span basic chemicals, vinyls, building products, and related materials used across residential construction, packaging, and industrial applications.

Looking Ahead for Westlake Investors

Investors will look toward the company's next earnings report scheduled for October 29, 2026, for further operational details. Future institutional filings and quarterly results will provide more clarity on how long-term shareholders manage their positions.