Sixth Street Specialty Lending (NYSE:TSLX) Upgraded by Zacks Research to Hold Rating

Posted by Francis Steltz on Jul 9th, 2026

Zacks Research upgraded shares of Sixth Street Specialty Lending (NYSE:TSLX – Free Report) from a strong sell rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Several other analysts have also commented on TSLX. Wall Street Zen lowered Sixth Street Specialty Lending from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. cut their price objective on Sixth Street Specialty Lending from $17.50 to $16.50 and set a “neutral” rating for the company in a report on Thursday, July 2nd. Citizens Jmp cut their price objective on Sixth Street Specialty Lending from $25.00 to $24.00 and set a “market outperform” rating for the company in a report on Wednesday, April 22nd. Keefe, Bruyette & Woods reduced their target price on shares of Sixth Street Specialty Lending from $21.00 to $18.50 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Finally, Wells Fargo & Company lowered their target price on shares of Sixth Street Specialty Lending from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Sixth Street Specialty Lending presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.67.

View Our Latest Report on TSLX

Sixth Street Specialty Lending Price Performance

Shares of NYSE:TSLX opened at $16.90 on Tuesday. The business has a 50 day moving average price of $17.38 and a 200 day moving average price of $18.91. Sixth Street Specialty Lending has a twelve month low of $16.04 and a twelve month high of $25.17. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 14.69 and a beta of 0.59. The company has a quick ratio of 3.39, a current ratio of 3.39 and a debt-to-equity ratio of 1.17.

Sixth Street Specialty Lending (NYSE:TSLX – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.07). The company had revenue of $93.40 million for the quarter, compared to the consensus estimate of $103.14 million. Sixth Street Specialty Lending had a return on equity of 11.92% and a net margin of 25.25%.During the same quarter in the previous year, the firm posted $0.58 EPS. Research analysts predict that Sixth Street Specialty Lending will post 1.72 earnings per share for the current year.

Sixth Street Specialty Lending Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 9.9%. This is a boost from Sixth Street Specialty Lending’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, June 15th. Sixth Street Specialty Lending’s payout ratio is currently 146.09%.

Insider Transactions at Sixth Street Specialty Lending

In other news, VP Ross Anthony Bruck acquired 8,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of $17.76 per share, for a total transaction of $142,080.00. Following the completion of the transaction, the vice president directly owned 18,250 shares in the company, valued at $324,120. This trade represents a 78.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.83% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TSLX. Harbor Investment Advisory LLC raised its position in shares of Sixth Street Specialty Lending by 673.2% in the fourth quarter. Harbor Investment Advisory LLC now owns 1,732 shares of the financial services provider’s stock valued at $38,000 after buying an additional 1,508 shares in the last quarter. Fifth Third Bancorp acquired a new stake in Sixth Street Specialty Lending during the first quarter worth approximately $63,000. Advisory Services Network LLC bought a new position in Sixth Street Specialty Lending during the 3rd quarter worth $75,000. Redmont Wealth Advisors LLC increased its stake in Sixth Street Specialty Lending by 37.8% during the 4th quarter. Redmont Wealth Advisors LLC now owns 4,776 shares of the financial services provider’s stock worth $104,000 after acquiring an additional 1,310 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Sixth Street Specialty Lending in the 4th quarter valued at $108,000. Institutional investors and hedge funds own 70.25% of the company’s stock.

Sixth Street Specialty Lending Company Profile

(Get Free Report)

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.