Advisors Capital Management LLC Buys 28,388 Shares of Sixth Street Specialty Lending, Inc. $TSLX

Advisors Capital Management LLC lifted its position in shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLXFree Report) by 4.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 746,726 shares of the financial services provider’s stock after acquiring an additional 28,388 shares during the quarter. Advisors Capital Management LLC owned approximately 0.79% of Sixth Street Specialty Lending worth $17,070,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TSLX. JPMorgan Chase & Co. grew its position in shares of Sixth Street Specialty Lending by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 993,735 shares of the financial services provider’s stock worth $22,717,000 after buying an additional 50,946 shares during the period. Naviter Wealth LLC lifted its holdings in Sixth Street Specialty Lending by 8.8% in the third quarter. Naviter Wealth LLC now owns 149,764 shares of the financial services provider’s stock valued at $3,424,000 after buying an additional 12,056 shares during the period. Savvy Advisors Inc. boosted its stake in Sixth Street Specialty Lending by 14.9% in the third quarter. Savvy Advisors Inc. now owns 40,390 shares of the financial services provider’s stock valued at $923,000 after acquiring an additional 5,252 shares during the last quarter. Caprock Group LLC acquired a new stake in Sixth Street Specialty Lending during the 3rd quarter worth $1,478,000. Finally, Advisors Asset Management Inc. raised its position in shares of Sixth Street Specialty Lending by 11.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 228,754 shares of the financial services provider’s stock valued at $5,229,000 after acquiring an additional 22,677 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

Sixth Street Specialty Lending Stock Up 1.9%

Shares of TSLX stock opened at $19.24 on Thursday. The firm’s fifty day moving average price is $21.43 and its two-hundred day moving average price is $22.30. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 1.08. Sixth Street Specialty Lending, Inc. has a 1 year low of $18.51 and a 1 year 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:TSLXGet Free Report) last announced its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $108.25 million for the quarter, compared to analysts’ expectations of $107.11 million. Sixth Street Specialty Lending had a return on equity of 12.71% and a net margin of 37.99%.During the same quarter in the prior year, the business posted $0.61 EPS. On average, equities analysts predict that Sixth Street Specialty Lending, Inc. will post 2.19 EPS for the current fiscal year.

Sixth Street Specialty Lending Cuts Dividend

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

Key Headlines 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.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Truist Financial decreased their target price on Sixth Street Specialty Lending from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Tuesday. Royal Bank Of Canada decreased their price objective on shares of Sixth Street Specialty Lending from $25.00 to $24.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. JPMorgan Chase & Co. lowered their target price on shares of Sixth Street Specialty Lending from $23.00 to $21.00 and set a “neutral” rating for the company in a research note on Tuesday. Keefe, Bruyette & Woods reduced their price target on shares of Sixth Street Specialty Lending from $23.00 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $25.00 price target on shares of Sixth Street Specialty Lending in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Sixth Street Specialty Lending presently has a consensus rating of “Buy” and a consensus price target of $22.50.

View Our Latest Research Report on Sixth Street Specialty Lending

About Sixth Street Specialty Lending

(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.

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Institutional Ownership by Quarter for Sixth Street Specialty Lending (NYSE:TSLX)

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