Truist Financial Has Lowered Expectations for Sixth Street Specialty Lending (NYSE:TSLX) Stock Price

Sixth Street Specialty Lending (NYSE:TSLX) had its price objective decreased by stock analysts at Truist Financial from $24.00 to $22.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Truist Financial’s price objective would indicate a potential upside of 14.37% from the company’s previous close.

A number of other analysts also recently commented on TSLX. Keefe, Bruyette & Woods decreased their price target on Sixth Street Specialty Lending from $24.00 to $23.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Royal Bank Of Canada decreased their target price on 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 reiterated a “buy (b-)” rating on shares of Sixth Street Specialty Lending in a research note on Wednesday, December 24th. Finally, Wells Fargo & Company reduced their price target on shares of Sixth Street Specialty Lending from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Sixth Street Specialty Lending presently has a consensus rating of “Buy” and an average target price of $22.50.

Sixth Street Specialty Lending Stock Performance

Shares of Sixth Street Specialty Lending stock opened at $19.24 on Tuesday. Sixth Street Specialty Lending has a 52 week low of $18.51 and a 52 week high of $25.17. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average price of $21.43 and a 200-day moving average price of $22.30. The company has a market cap of $1.82 billion, a PE ratio of 10.63 and a beta of 0.70.

Sixth Street Specialty Lending (NYSE:TSLX) last announced its quarterly earnings results on Thursday, February 12th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.02. Sixth Street Specialty Lending had a return on equity of 12.71% and a net margin of 37.99%.The business had revenue of $108.25 million during the quarter, compared to the consensus estimate of $107.11 million. During the same quarter in the prior year, the company posted $0.61 earnings per share. Equities analysts anticipate that Sixth Street Specialty Lending will post 2.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sixth Street Specialty Lending

Large investors have recently made changes to their positions in the stock. Bank of Montreal Can raised its stake in shares of Sixth Street Specialty Lending by 419.5% during 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 purchasing an additional 1,845,088 shares during the period. Tectonic Advisors LLC bought a new stake in shares of Sixth Street Specialty Lending during the third quarter valued at about $12,777,000. Van ECK Associates Corp increased its position in shares of Sixth Street Specialty Lending by 18.0% during 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 buying an additional 385,398 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Sixth Street Specialty Lending by 105.0% in 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 in the last quarter. Finally, Altshuler Shaham Ltd bought a new position in shares of Sixth Street Specialty Lending in the fourth quarter valued at approximately $6,548,000. 70.25% of the stock is owned by institutional investors.

Trending Headlines about 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.