10,406 Shares in Lakeland Financial Corporation $LKFN Purchased by GSA Capital Partners LLP

Posted by Stanley Muller on Aug 21st, 2026

GSA Capital Partners LLP purchased a new stake in shares of Lakeland Financial Corporation (NASDAQ:LKFN – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,406 shares of the financial services provider’s stock, valued at approximately $642,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Osaic Holdings Inc. grew its position in shares of Lakeland Financial by 186.0% in the 2nd quarter. Osaic Holdings Inc. now owns 469 shares of the financial services provider’s stock worth $29,000 after buying an additional 305 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Lakeland Financial by 1,212.5% during the second quarter. EverSource Wealth Advisors LLC now owns 630 shares of the financial services provider’s stock valued at $39,000 after buying an additional 582 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of Lakeland Financial by 40.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 729 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 210 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of Lakeland Financial by 118.9% during the fourth quarter. Global Retirement Partners LLC now owns 996 shares of the financial services provider’s stock valued at $57,000 after acquiring an additional 541 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new stake in Lakeland Financial in the first quarter worth $86,000. Institutional investors own 81.15% of the company’s stock.

Insiders Place Their Bets

In related news, Director Bradley J. Toothaker sold 5,900 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $60.62, for a total value of $357,658.00. Following the sale, the director directly owned 14,278 shares of the company’s stock, valued at $865,532.36. This represents a 29.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on LKFN shares. Weiss Ratings cut shares of Lakeland Financial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 29th. Wall Street Zen lowered shares of Lakeland Financial from a “hold” rating to a “sell” rating in a report on Sunday, August 9th. Finally, Hovde Group upped their price objective on shares of Lakeland Financial from $63.00 to $66.00 and gave the stock a “market perform” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $66.50.

Read Our Latest Analysis on Lakeland Financial

Lakeland Financial Stock Performance

Lakeland Financial stock opened at $60.44 on Friday. The stock’s 50 day simple moving average is $61.68 and its two-hundred day simple moving average is $60.22. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 13.86 and a beta of 0.72. Lakeland Financial Corporation has a fifty-two week low of $54.36 and a fifty-two week high of $69.40.

Lakeland Financial (NASDAQ:LKFN – Get Free Report) last posted its earnings results on Monday, July 27th. The financial services provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates 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 prior year, the business earned $1.04 EPS. On average, analysts predict that Lakeland Financial Corporation will post 4.38 earnings per share for the current year.

Lakeland Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Saturday, July 25th were given a dividend of $0.52 per share. The ex-dividend date was Friday, July 24th. This represents a $2.08 annualized dividend and a dividend yield of 3.4%. 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.