Sixth Street Specialty Lending (NYSE:TSLX) Rating Increased to Strong-Buy at B. Riley

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) was upgraded by equities researchers at B. Riley to a "strong-buy" rating in a research report issued to clients and investors on Monday, May 12th, MarketBeat Ratings reports. B. Riley also issued estimates for Sixth Street Specialty Lending's Q2 2025 earnings at $0.54 EPS, Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $2.10 EPS, Q1 2026 earnings at $0.49 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.52 EPS and FY2026 earnings at $2.01 EPS.

A number of other research firms have also weighed in on TSLX. Truist Financial increased their price objective on shares of Sixth Street Specialty Lending from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Royal Bank of Canada upped their target price on Sixth Street Specialty Lending from $23.00 to $25.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 26th. Wells Fargo & Company reduced their price target on Sixth Street Specialty Lending from $23.00 to $22.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Keefe, Bruyette & Woods raised their price objective on shares of Sixth Street Specialty Lending from $21.50 to $23.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Finally, LADENBURG THALM/SH SH lowered shares of Sixth Street Specialty Lending from a "buy" rating to a "neutral" rating in a report on Friday, February 14th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $22.81.

Sixth Street Specialty Lending Stock Performance

Shares of Sixth Street Specialty Lending stock traded up $0.12 during midday trading on Monday, hitting $22.91. The company had a trading volume of 249,586 shares, compared to its average volume of 455,473. The company has a fifty day simple moving average of $21.24 and a 200 day simple moving average of $21.48. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 11.28 and a beta of 0.82. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.18. Sixth Street Specialty Lending has a 12-month low of $18.58 and a 12-month high of $23.67.

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. Sixth Street Specialty Lending had a net margin of 38.67% and a return on equity of 13.47%. The firm had revenue of $113.92 billion for the quarter, compared to analyst estimates of $116.70 million. During the same period in the previous year, the company earned $0.52 earnings per share. As a group, analysts predict that Sixth Street Specialty Lending will post 2.19 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sixth Street Specialty Lending

Large investors have recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its stake in shares of Sixth Street Specialty Lending by 25.3% in the 4th quarter. First Horizon Advisors Inc. now owns 2,302 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 465 shares during the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of Sixth Street Specialty Lending by 1.2% in the 1st quarter. Cornerstone Wealth Management LLC now owns 46,732 shares of the financial services provider's stock valued at $1,046,000 after buying an additional 548 shares during the period. Signaturefd LLC boosted its stake in shares of Sixth Street Specialty Lending by 13.3% in the fourth quarter. Signaturefd LLC now owns 4,673 shares of the financial services provider's stock valued at $100,000 after purchasing an additional 550 shares during the period. Mallini Complete Financial Planning LLC increased its position in shares of Sixth Street Specialty Lending by 4.5% during the first quarter. Mallini Complete Financial Planning LLC now owns 13,028 shares of the financial services provider's stock worth $292,000 after acquiring an additional 558 shares during the period. Finally, Dearborn Partners LLC grew its position in shares of Sixth Street Specialty Lending by 1.3% during the fourth quarter. Dearborn Partners LLC now owns 58,768 shares of the financial services provider's stock worth $1,252,000 after buying an additional 763 shares in the last quarter. 70.25% of the stock is currently owned by hedge funds and other institutional investors.

About Sixth Street Specialty Lending

Sixth Street Specialty Lending, Inc NYSE: TSLX is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.