Any Lodestone Compass held in your off-hand will connect to another Lodestone when you connect another Lodestone Compass to that Lodestone.
video link: https://www.youtube.com/watch?v=8vOrJw1JNrQ
Environment
Windows 10 Pro 1903 build 18362.720
8GB of RAM
Intel Core i3-2130 CPU 3.40 GHz
Version 8 Update 151
The underlying issue is MC-176269.