Deutsche Bank AG Acquires New Position in Lakeland Financial Corporation $LKFN

Posted by Brenda Bartman on Aug 29th, 2026

Deutsche Bank AG acquired a new position in shares of Lakeland Financial Corporation (NASDAQ:LKFN – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,668 shares of the financial services provider’s stock, valued at approximately $1,708,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in Lakeland Financial by 186.0% during the 2nd quarter. Osaic Holdings Inc. now owns 469 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 305 shares during the period. Global Retirement Partners LLC bought a new position in Lakeland Financial during the 2nd quarter worth $38,000. EverSource Wealth Advisors LLC increased its position in Lakeland Financial by 1,212.5% in the second quarter. EverSource Wealth Advisors LLC now owns 630 shares of the financial services provider’s stock worth $39,000 after buying an additional 582 shares during the period. Rockefeller Capital Management L.P. lifted its stake in Lakeland Financial by 40.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 729 shares of the financial services provider’s stock valued at $42,000 after buying an additional 210 shares during the last quarter. Finally, Summit Securities Group LLC bought a new stake in Lakeland Financial in the first quarter valued at $86,000. 81.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on LKFN shares. Weiss Ratings downgraded shares of Lakeland Financial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 29th. Wall Street Zen cut shares of Lakeland Financial from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $66.50.

Check Out Our Latest Report on Lakeland Financial

Lakeland Financial Price Performance

Shares of LKFN stock opened at $59.61 on Friday. Lakeland Financial Corporation has a 12-month low of $54.36 and a 12-month high of $69.40. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 13.67 and a beta of 0.72. The business has a 50 day simple moving average of $61.58 and a 200 day simple moving average of $60.13.

Lakeland Financial (NASDAQ:LKFN – Get Free Report) last announced its earnings results on Monday, July 27th. The financial services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. Lakeland Financial had a return on equity of 14.67% and a net margin of 26.04%.The firm had revenue of $70.87 million for the quarter, compared to the consensus estimate of $72.11 million. During the same quarter in the previous year, the business earned $1.04 EPS. On average, equities analysts anticipate that Lakeland Financial Corporation will post 4.38 EPS for the current fiscal year.

Lakeland Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Saturday, July 25th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Friday, July 24th. Lakeland Financial’s payout ratio is currently 47.71%.

About Lakeland Financial

(Free Report)

Lakeland Financial Corporation is a bank holding company based in Warsaw, Indiana, that operates through its principal subsidiary, Lakeland Bank. The company offers a full range of commercial and consumer banking services, including deposit products such as checking accounts, savings accounts and certificates of deposit, as well as a variety of loan offerings spanning commercial real estate, agricultural, mortgage, consumer and small-business lending.

Originally organized in 1893 as Kosciusko County State Bank, the enterprise reorganized as a bank holding company in 1984 to facilitate strategic growth and diversification.