Sixth Street Specialty Lending (NYSE:TSLX) Receives Market Outperform Rating from Citizens Jmp

Citizens Jmp reaffirmed their market outperform rating on shares of Sixth Street Specialty Lending (NYSE:TSLX) in a research note published on Wednesday,Benzinga reports. They currently have a $25.00 price target on the financial services provider’s stock.

TSLX has been the subject of several other research reports. Keefe, Bruyette & Woods decreased their target price on Sixth Street Specialty Lending from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Sixth Street Specialty Lending from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Tuesday. Royal Bank Of Canada reduced their price target on shares of Sixth Street Specialty Lending from $25.00 to $24.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Sixth Street Specialty Lending in a report on Wednesday, December 24th. Finally, Wells Fargo & Company reduced their target price on Sixth Street Specialty Lending from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $22.50.

Sixth Street Specialty Lending Trading Up 1.9%

Shares of TSLX opened at $19.24 on Wednesday. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $21.43 and a 200 day moving average price of $22.30. Sixth Street Specialty Lending has a 12-month low of $18.51 and a 12-month high of $25.17. The firm has a market capitalization of $1.82 billion, a P/E ratio of 10.63 and a beta of 0.70.

Sixth Street Specialty Lending (NYSE:TSLX) last posted its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. Sixth Street Specialty Lending had a net margin of 37.99% and a return on equity of 12.71%. The firm had revenue of $108.25 million during the quarter, compared to analysts’ expectations of $107.11 million. During the same quarter last year, the company posted $0.61 EPS. Sell-side analysts forecast that Sixth Street Specialty Lending will post 2.19 EPS for the current year.

Sixth Street Specialty Lending Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, March 16th. Sixth Street Specialty Lending’s payout ratio is currently 101.66%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of Montreal Can raised its holdings in Sixth Street Specialty Lending by 419.5% in the 4th quarter. Bank of Montreal Can now owns 2,284,920 shares of the financial services provider’s stock valued at $49,628,000 after acquiring an additional 1,845,088 shares during the last quarter. Tectonic Advisors LLC purchased a new stake in shares of Sixth Street Specialty Lending in the third quarter valued at $12,777,000. Van ECK Associates Corp increased its stake in Sixth Street Specialty Lending by 18.0% in the third quarter. Van ECK Associates Corp now owns 2,529,187 shares of the financial services provider’s stock valued at $57,817,000 after purchasing an additional 385,398 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Sixth Street Specialty Lending by 105.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 624,196 shares of the financial services provider’s stock worth $13,558,000 after buying an additional 319,665 shares during the period. Finally, Altshuler Shaham Ltd acquired a new stake in Sixth Street Specialty Lending in the 4th quarter worth about $6,548,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Key Stories Impacting Sixth Street Specialty Lending

Here are the key news stories impacting Sixth Street Specialty Lending this week:

• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating and set a $25.00 price target (roughly a 30% upside from the recent price), giving a clear bullish signal that likely helped buying interest. Benzinga
• Positive Sentiment: Keefe, Bruyette & Woods cut their target slightly (from $23 to $22) but maintained an “outperform” rating, indicating continued conviction in TSLX’s upside despite trimming valuation. Benzinga
• Positive Sentiment: Truist trimmed its price target (from $24 to $22) but kept a “buy” rating, another supportive vote from the sell-side that may underpin demand. Benzinga
• Positive Sentiment: Analyst/market commentary defending TSLX (e.g., Seeking Alpha piece arguing recent weakness is more valuation-driven than fundamental) may reassure investors and reduce downside selling. Sixth Street Specialty: Far From The Beginning Of The End
• Neutral Sentiment: JPMorgan lowered its price target from $23 to $21 and moved to a “neutral” rating — a mixed signal that reduces some upside expectations but stops short of a sell call. Benzinga TickerReport
• Negative Sentiment: Coverage noting TSLX weakness and relative underperformance (e.g., articles highlighting lows vs. NYSE comps) contributes to bearish sentiment and may increase selling pressure among short-term holders. Sixth Street Specialty Lending (NYSE:TSLX) Lows as NYSE Comp.

About Sixth Street Specialty Lending

Sixth Street Specialty Lending Inc (NYSE: TSLX) is a closed-end, externally managed business development company that provides flexible debt financing solutions to middle-market companies. The fund primarily targets senior secured loans, unitranche facilities, mezzanine debt, second-lien financings and equity co-investment opportunities. By structuring tailored capital solutions, Sixth Street Specialty Lending seeks to support growth initiatives, recapitalizations and refinancings across a diverse set of industries, including technology, healthcare and business services.

As an affiliate of Sixth Street Partners, a global alternative investment firm, the company leverages the broader platform’s credit research, operational expertise and industry relationships.