Sixth Street SpecialtyTSLX
TSLX
About: Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the United States of America. It partners with companies across a variety of industries and excel at providing creative solutions to companies with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
59% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 56
11% more capital invested
Capital invested by funds: $963M [Q4 2024] → $1.07B (+$103M) [Q1 2025]
5% more funds holding
Funds holding: 221 [Q4 2024] → 231 (+10) [Q1 2025]
2.43% more ownership
Funds ownership: 48.41% [Q4 2024] → 50.83% (+2.43%) [Q1 2025]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 6 (-1) [Q1 2025]
50% less call options, than puts
Call options by funds: $1.97M | Put options by funds: $3.91M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$21
10%
downside
Avg. target
$22
6%
downside
High target
$23
1%
downside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Wells Fargo Finian O'Shea | 10%downside $21 | Overweight Maintained | 2 May 2025 |
Raymond James Robert Dodd | 1%downside $23 | Outperform Maintained | 2 May 2025 |
JP Morgan Melissa Wedel | 8%downside $22 | Overweight Maintained | 24 Apr 2025 |
Financial journalist opinion
Based on 4 articles about TSLX published over the past 30 days
Neutral
Seeking Alpha
3 hours ago
When Market Pain Means Income Investor Gain
The current environment is uniquely challenging, with uncertainty persisting and no clear catalyst for a recovery. Growth is richly priced, and, in my view, an unattractive space. This makes value and income investor areas relatively more interesting.
Positive
Seeking Alpha
1 week ago
Sixth Street Specialty Lending: Strong Dividend Coverage But Trades At A Premium
TSLX offers a strong 8.9% dividend yield with robust coverage, making it appealing for income-focused investors despite sector headwinds. The portfolio is well-diversified, with 93% in first lien senior secured loans and 97% floating rate, benefiting from higher interest rates. NAV has slightly declined, and new investment activity is slow, limiting near-term growth potential and justifying a hold rating at current premium valuations.
Neutral
Seeking Alpha
1 week ago
BDC Weekly Review: Sector ROE Is Too Low, Says Sixth Street Specialty Lending
We take a look at the action in business development companies through the last week of May and highlight some of the key themes we are watching. BDCs posted strong returns in May. TSLX's claims of low sector ROEs are overstated; sector averages mask significant outperformance by select BDCs and better portfolio yields.
Positive
Seeking Alpha
2 weeks ago
My Top 2 Buy And Hold Forever BDC Picks
BDCs are high-risk assets. It means that buy and hold forever strategy might be suboptimal. Yet, there are exceptions.
Neutral
Seeking Alpha
1 month ago
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.
Neutral
Seeking Alpha
1 month ago
Sixth Street Specialty Lending: A BDC Worthy Of Your Capital
Trump's tariffs have escalated into a U.S.-China trade war, creating a riskier environment for BDCs, likely impacting their portfolio performance. TSLX's strong portfolio, focused on first-lien debt and diversified investments, positions it well to handle economic downturns and non-accruals. TSLX's internal performance ratings are outstanding, with 94.5% of the portfolio raising no concerns and non-accruals at a manageable 1.2%.
Positive
Seeking Alpha
1 month ago
2 Great 7-10% Yields For Retirement Income
Berkshire Hathaway famously doesn't pay a dividend, but these high yield stocks do, and trade at attractive valuations. Sixth Street Specialty Lending provides a 10.1% yield, conservative middle-market lending, strong underwriting standards, and robust liquidity, making it ideal for income investors. Omega Healthcare Investors offers a 7.4% yield, benefits from strategic acquisitions, private-pay tenant growth, and a triple-net lease model, supported by demographic trends.
Neutral
Seeking Alpha
1 month ago
Sixth Street Specialty Lending, Inc. (TSLX) Q1 2025 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q1 2025 Results Conference Call May 1, 2025 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Executive Officer Bo Stanley - President Ian Simmonds - Chief Financial Officer Conference Call Participants Finn O'Shea - Wells Fargo Brian McKenna - Citizens Mickey Schleien - Ladenburg Kenneth Lee - RBC Capital Markets Sean Paul Adams - Value Securities Maxwell Fritscher - Truist Melissa Wedel - JPMorgan Robert Dodd - Raymond James Paul Johnson - KBW Operator Good day, and thank you for standing by. Welcome to the Sixth Street Specialty Lending, Inc. First Quarter 2025 Earnings Conference Call.
Neutral
Business Wire
1 month ago
Sixth Street Specialty Lending, Inc. Provides a Letter to Stakeholders in Conjunction with its First Quarter Earnings Results
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders in conjunction with its first quarter ended March 31, 2025 financial results. Please view a printable version of the letter here. Source: Sixth Street Specialty Lending, Inc.
Neutral
Zacks Investment Research
1 month ago
Sixth St (TSLX) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Sixth St (TSLX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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