SCHEDULE 13G/A: Vanguard Group Discloses Significant Stake in Neogen Corp, Holding Over 10% of Common Stock
Beneficial Ownership Report
The Vanguard Group has filed an amended Schedule 13G, reporting a beneficial ownership of 10.85% in Neogen Corp's common stock as of March 31, 2025.
Summary
- The Vanguard Group reported beneficial ownership of 23,550,128 shares of Neogen Corp common stock.
- This represents 10.85% of Neogen Corp's outstanding common stock.
- The filing is an Amendment No. 14 to Schedule 13G, indicating an update to a previously reported stake.
- The date of the event requiring this filing was March 31, 2025.
- Vanguard holds sole dispositive power over 23,177,556 shares and shared dispositive power over 372,572 shares.
- Vanguard holds sole voting power over 0 shares and shared voting power over 137,084 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Neogen Corp.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine disclosure of beneficial ownership and does not contain performance or strategic information that would indicate a positive or negative sentiment.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of institutional ownership and does not provide specific insights into broader industry trends or competitive positioning beyond indicating a significant investment by a major asset manager in the company.
Stakeholder Impact
- Shareholders may view the continued significant stake by a major institutional investor like The Vanguard Group as a sign of confidence in Neogen Corp's long-term prospects.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires filing of this statement |
| 04/07/2025 | Signature date of the filing by The Vanguard Group |
Keywords
Neogen Corp, Vanguard Group, Schedule 13G, beneficial ownership, common stock, institutional ownership, SEC filing, investment adviser
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