SCHEDULE: Neuberger Berman Discloses 4.9% Stake in CNX Resources

Neuberger Berman Group LLC and its affiliate have filed an amended Schedule 13G, reporting a 4.9% beneficial ownership in CNX Resources Corp common stock.

Summary

• Neuberger Berman Group LLC beneficially owns 7,046,747 shares of CNX Resources Corp common stock, representing 4.9% of the class.
• Neuberger Berman Investment Advisers LLC beneficially owns 6,715,759 shares of CNX Resources Corp common stock, representing 4.7% of the class.
• Neuberger Berman Group LLC holds shared voting power over 6,231,037 shares and shared dispositive power over 7,046,747 shares.
• Neuberger Berman Investment Advisers LLC holds shared voting power over 5,900,898 shares and shared dispositive power over 6,715,759 shares.
• The securities are reported as acquired and held in the ordinary course of business, without the purpose or effect of changing or influencing the control of CNX Resources Corp.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, typical for an institutional investor disclosing a passive ownership stake below the 5% threshold for active reporting, indicating no immediate change in control intent.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that institutional investors like Neuberger Berman frequently adjust their passive stakes in public companies, reflecting portfolio rebalancing or strategic allocation decisions within the energy sector, where CNX Resources operates.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a passive ownership disclosure, indicating no intent to influence control.
• No direct impact on employees, customers, suppliers, or creditors as the filing pertains solely to investment holdings.

Key Dates

Keywords

CNX Resources Corp, Neuberger Berman Group LLC, Neuberger Berman Investment Advisers LLC, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing