SCHEDULE: Neuberger Berman Discloses Stake in Neogen Corp

Neuberger Berman Group LLC and its affiliates have reported beneficial ownership of 7.6% of Neogen Corp's common stock as of June 30, 2026.

Summary

• Neuberger Berman Group LLC and its affiliated entities, including Neuberger Berman Investment Advisers LLC, have filed a Schedule 13G indicating their beneficial ownership of Neogen Corp's common stock.
• As of June 30, 2026, Neuberger Berman Group LLC beneficially owns 16,570,795 shares, representing 7.6% of the class.
• Neuberger Berman Investment Advisers LLC beneficially owns 16,109,771 shares, representing 7.4% of the class.
• The filing clarifies that these entities hold the securities in various fiduciary capacities for unrelated clients and disclaim beneficial ownership beyond their respective economic interests.
• The reporting entities are investment advisers and investment companies registered under relevant acts.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It represents a standard disclosure of institutional ownership and does not inherently signal positive or negative performance for Neogen Corp.

Positives

• Significant institutional ownership by a reputable investment firm like Neuberger Berman can signal confidence in the company's long-term prospects.
• The filing indicates a substantial holding, suggesting a belief in Neogen Corp's value by a major financial institution.

Negatives

• The filing does not contain any negative financial results or operational challenges.
• The nature of a 13G filing is a disclosure of ownership, not an assessment of company performance.

Risks

• The primary risk associated with this type of filing is the potential for future changes in beneficial ownership, which could impact stock price volatility.
• While not explicitly stated as a risk in this filing, significant holdings by institutional investors can sometimes lead to activist investor campaigns if performance falters.

Future Outlook

This filing is a disclosure of ownership and does not contain forward-looking statements or guidance regarding Neogen Corp's future performance.

Management Comments

• Neuberger Berman Group LLC and its affiliates may be deemed to be beneficial owners of securities for purposes of Exchange Act Rule 13d-3 because they or certain affiliated persons have shared power to retain, dispose of or vote the securities of unrelated clients.
• Neuberger Berman Group LLC or its affiliated persons do not, however, have any economic interest in the securities of those clients.
• The clients have the sole right to receive and the power to direct the receipt of dividends from or proceeds from the sale of such securities.
• Each of Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, Neuber Trust Holdings LLC, Neuberger Berman Trust Co N.A., Neuberger Berman Asia Ltd., Neuberger Berman Canada ULC, Neuberger Berman Trust Co of Delaware N.A. and Neuberger Berman Investment Advisers LLC disclaim beneficial ownership of the securities covered by this statement pursuant to Exchange Act Rule 13d-4.

Industry Context

StockSavvy.ai notes that the filing of a Schedule 13G by Neuberger Berman Group LLC indicates a significant institutional investor's interest in Neogen Corp, a company operating in the animal health and food safety sectors. This level of investment by a major asset manager is common for established companies with stable business models and growth potential.

Comparison to Industry Standards

• The filing does not provide performance data to compare against industry standards.
• The ownership percentage of 7.6% by Neuberger Berman is a substantial stake for an institutional investor, often exceeding the average holding in similar-sized companies within the animal health and food safety sectors.

Stakeholder Impact

• Shareholders: The presence of a significant institutional investor like Neuberger Berman can provide a degree of stability and potentially attract further investment, but also introduces the risk of large block trades impacting share price.
• Management: May face increased scrutiny or engagement from Neuberger Berman regarding corporate strategy and performance.
• Creditors: No direct impact indicated by this filing.

Next Steps

• Monitor future filings for any changes in Neuberger Berman's stake in Neogen Corp.
• Observe Neogen Corp's operational and financial performance to assess the underlying reasons for institutional interest.

Key Dates

Keywords

Neogen Corp, Neuberger Berman, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Adviser