Pacific Ridge Capital Partners LLC Boosts Stake in Lakeland Industries, Inc. $LAKE

Posted by Stanley Muller on May 12th, 2026

Pacific Ridge Capital Partners LLC lifted its stake in shares of Lakeland Industries, Inc. (NASDAQ:LAKE – Free Report) by 62.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 772,015 shares of the medical instruments supplier’s stock after acquiring an additional 296,222 shares during the period. Lakeland Industries accounts for approximately 1.5% of Pacific Ridge Capital Partners LLC’s portfolio, making the stock its 26th biggest position. Pacific Ridge Capital Partners LLC owned about 7.87% of Lakeland Industries worth $6,825,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of Lakeland Industries by 87.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,795 shares of the medical instruments supplier’s stock worth $27,000 after purchasing an additional 839 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Lakeland Industries by 4.2% during the second quarter. First Trust Advisors LP now owns 28,554 shares of the medical instruments supplier’s stock worth $389,000 after buying an additional 1,149 shares during the period. Rhumbline Advisers grew its stake in shares of Lakeland Industries by 16.0% in the third quarter. Rhumbline Advisers now owns 13,415 shares of the medical instruments supplier’s stock valued at $199,000 after buying an additional 1,853 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Lakeland Industries by 20.9% in the 2nd quarter. American Century Companies Inc. now owns 15,762 shares of the medical instruments supplier’s stock valued at $215,000 after buying an additional 2,722 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Lakeland Industries by 189.9% during the 2nd quarter. Bank of America Corp DE now owns 4,177 shares of the medical instruments supplier’s stock valued at $57,000 after acquiring an additional 2,736 shares during the period. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LAKE has been the topic of a number of analyst reports. DA Davidson upgraded Lakeland Industries from a “neutral” rating to a “buy” rating and raised their price target for the company from $10.00 to $14.00 in a research note on Monday, April 20th. Lake Street Capital cut their price target on shares of Lakeland Industries from $16.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, April 17th. Maxim Group set a $16.00 price objective on Lakeland Industries in a research note on Monday, April 20th. Zacks Research raised shares of Lakeland Industries from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lakeland Industries in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $15.20.

Check Out Our Latest Stock Analysis on Lakeland Industries

Lakeland Industries Stock Performance

NASDAQ LAKE opened at $10.75 on Tuesday. The business has a 50 day moving average price of $9.12 and a 200 day moving average price of $10.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.53 and a quick ratio of 1.36. The company has a market capitalization of $106.00 million, a P/E ratio of -4.17 and a beta of 1.45. Lakeland Industries, Inc. has a 1-year low of $7.15 and a 1-year high of $20.50.

Lakeland Industries Profile

(Free Report)

Lakeland Industries, Inc (NASDAQ:LAKE) is a global provider of high-performance protective apparel and accessories designed to safeguard workers in industrial, healthcare, laboratory, and emergency response environments. The company’s expertise lies in producing garments that shield against chemical, biological, radiological, and thermal risks, supporting safety protocols in sectors such as oil and gas, petrochemicals, pharmaceuticals, and first responders.

The product portfolio encompasses both single-use and reusable solutions, including chemical protective coveralls, flame-resistant garments, arc flash clothing, medical isolation gowns, and cleanroom suits.