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Netwealth Group Ltd (ASX: NWL) Share Price and News

Price

$26.46

Movement

0.21 (+0.8%)

as at 28 Mar - Closed (20 mins delayed)

52 Week Range

$18.69 - $33.40

 
1 Year Return

+25.28%

Netwealth Group Ltd Chart and Price Data

2025
2025
2025
2025
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$30
$40
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$40
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Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $6.48 billion
P/E Ratio 63.25
Dividend Yield 1.20%
Shares Outstanding 244.93 million
Earnings per share 0.415
Dividend per share 0.35
Year To Date Return -8.09%
Earnings Yield 1.58%
Franking 100%
Earnings Yield

1.58%

Franking

100%

Dividend per share

0.35

Year To Date Return

-8.09%

Shares Outstanding

244.93 million

Earnings per share

0.415

Share Price

$26.46

Day Change

0.21 (+0.8%)

52 Week Range

$18.69 - $33.40

Yesterday's Close

$26.25

Today's Open

$26.09

Days Range

$26.025 - $26.59

Volume

402,752

Avg. Volume (1 month)

538,055

Turnover

$10,642,992

as at 28 Mar - Closed

    • Netwealth Group Ltd (ASX: NWL)
    Latest News

    A happy young couple lie on a wooden deck using a skateboard for a pillow.
    Share Gainers

    These are the 10 best ASX 200 shares of 2024 so far

    | James Mickleboro

    There have been some huge gains on the benchmark index this year. Do you own the best performers?

    Read more »

    A man and a woman sit in front of a laptop looking fascinated and captivated.
    Financial Shares

    Directors of this ASX 200 stock just sold $65 million of shares

    | Zach Bristow

    Both sales were made on the same day.

    Read more »

    A beautiful ocean vista is shown with a woman whose back is to the camera holding her arms up in triumph as she stands at the top of a rock feeling thrilled that ASX 200 shares are reaching multi-year high prices today
    Record Highs

    17 ASX 200 shares that smashed new record highs on Tuesday

    | Sebastian Bowen

    Do you own any of these lucky stocks?

    Read more »

    A new CEO stands at the table addressing the team.
    Investing Strategies

    3 ASX shares you probably didn't know are founder-led and why it matters

    | Mitchell Lawler

    'Founder mode'. It's more than a meme, it's a management style. One that might be worth investing in.

    Read more »

    Two IT professionals walk along a wall of mainframes in a data centre discussing various things
    Technology Shares

    2 ASX 200 tech insiders selling $15 million to $45 million worth of company shares

    | Tristan Harrison

    What’s going on with the stock sales by these tech leaders?

    Read more »

    An older female ASX investor holds a gangster-style fist pump pose showing off gold rings with dollar signs on them.
    52-Week Highs

    These 16 ASX 200 shares are hitting new 52-week highs today even as the market sinks

    | Sebastian Bowen

    Do you own any of these lucky stocks?

    Read more »

    Successful group of people applauding in a business meeting and looking very happy.
    Share Gainers

    Why ARB, Arcadium Lithium, Netwealth, and Regis Resources shares are storming higher

    | James Mickleboro

    These shares are having a strong session on Thursday. But why?

    Read more »

    A man sits thoughtfully on the couch with a laptop on his lap.
    Financial Shares

    Up 87% in a year, why is this ASX 200 stock charging higher on Thursday?

    | Bernd Struben

    This high flying ASX 200 company is charging higher again today. But why?

    Read more »

    Three businesspeople leap high with the CBD in the background.
    Share Gainers

    Three soaring ASX 300 shares just upgraded by leading brokers

    | Bernd Struben

    Leading brokers expect more gains ahead from these high-flying ASX 300 shares.

    Read more »

    A man clenches his fists in excitement as gold coins fall from the sky.
    Record Highs

    5 ASX 200 shares smashing new all-time highs on Wednesday

    | James Mickleboro

    These have been great shares to have in your portfolio in 2024.

    Read more »

    Three businesspeople leap high with the CBD in the background.
    Record Highs

    3 ASX 200 shares smashing all-time record highs on Tuesday

    | James Mickleboro

    Records are being broken by these stocks. But why?

    Read more »

    Two men standing on a balcony cheers their bottles.
    Dividend Investing

    15 ASX 200 shares that will trade ex-dividend next week

    | Sebastian Bowen

    Do you own any of these shares that are about to pop?

    Read more »

    Frequently Asked Questions

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    05 Mar 2025 $0.1750 100.00% Interim 27 Mar 2025
    26 Aug 2024 $0.1400 100.00% Final 26 Sep 2024
    04 Mar 2024 $0.1400 100.00% Interim 28 Mar 2024
    22 Aug 2023 $0.1300 100.00% Final 21 Sep 2023
    22 Feb 2023 $0.1100 100.00% Interim 24 Mar 2023
    30 Aug 2022 $0.1000 100.00% Final 29 Sep 2022
    23 Feb 2022 $0.1000 100.00% Interim 24 Mar 2022
    26 Aug 2021 $0.0950 100.00% Final 24 Sep 2021
    22 Feb 2021 $0.0906 100.00% Interim 26 Mar 2021
    25 Aug 2020 $0.0780 100.00% Final 24 Sep 2020
    25 Feb 2020 $0.0690 100.00% Interim 26 Mar 2020
    26 Aug 2019 $0.0660 100.00% Final 26 Sep 2019
    25 Feb 2019 $0.0550 100.00% Interim 28 Mar 2019
    10 Sep 2018 $0.0538 100.00% Final 27 Sep 2018

    NWL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    20th Mar 2025 2025-03-20T09:11:09 Correction to previously released Appendix 2AYesNo9:11am267k
    12th Mar 2025 2025-03-12T08:20:53 Application for quotation of securities - NWLYesNo8:20am719k
    20th Feb 2025 2025-02-20T08:39:44 Dividend/Distribution - NWLYesNo8:39am414k
    20th Feb 2025 2025-02-20T08:32:09 1H25 Results PresentationYesNo8:32am422.9M
    20th Feb 2025 2025-02-20T08:30:49 1H25 Results AnnouncementYesNo8:30am9731k
    20th Feb 2025 2025-02-20T08:26:59 Half Year Accounts and Appendix 4DYesNo8:26am455M
    4th Feb 2025 2025-02-04T18:51:34 ASX Disclosure pursuant to ASIC Deed PollYesNo6:51pm469k
    31st Jan 2025 2025-01-31T12:37:49 1HFY2025 Results Announcement DetailsYesNo12:37pm262k
    31st Jan 2025 2025-01-31T12:30:59 Change in CFO and Joint Company SecretaryYesNo12:30pm262k
    30th Jan 2025 2025-01-30T16:49:34 Ceasing to be a substantial holder for ICUYesNo4:49pm3200k

    About Netwealth Group Ltd

    Netwealth Group Ltd (ASX: NWL) is a financial services and technology company. It provides a wide range of products and services to the Australian financial investment industry, including cloud-based investment administration software as a service (SaaS), a retail superannuation fund, and an administration business.

    Netwealth's technology platform provides portfolio administration, investment management tools, and investment and managed account services to financial advisers, private clients, and companies. Netwealth charges SaaS fees based on funds under administration and management on its platform. It also offers Netwealth-branded investment products managed by third-party investment managers.

     

    NWL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    28 Mar 2025 $26.46 $0.21 0.80% 402,752 $26.09 $26.59 $26.03
    27 Mar 2025 $26.25 $-1.30 -4.72% 480,000 $27.30 $27.30 $26.08
    26 Mar 2025 $27.55 $0.09 0.33% 433,443 $27.95 $28.03 $27.35
    25 Mar 2025 $27.46 $0.56 2.08% 408,015 $26.91 $27.69 $26.88
    24 Mar 2025 $26.90 $-0.29 -1.07% 407,852 $26.99 $27.46 $26.70
    21 Mar 2025 $27.19 $-0.42 -1.52% 1,258,102 $27.40 $27.70 $27.19
    20 Mar 2025 $27.61 $1.21 4.58% 506,343 $27.13 $27.71 $26.78
    19 Mar 2025 $26.40 $-0.29 -1.09% 235,059 $26.44 $26.80 $26.13
    18 Mar 2025 $26.69 $0.27 1.02% 278,339 $26.76 $26.92 $26.51
    17 Mar 2025 $26.42 $-0.32 -1.20% 1,097,380 $27.00 $27.30 $26.42
    14 Mar 2025 $26.74 $-0.01 -0.04% 344,376 $26.68 $26.90 $26.39
    13 Mar 2025 $26.75 $-0.28 -1.04% 484,953 $27.23 $27.43 $26.49
    12 Mar 2025 $27.03 $0.02 0.07% 704,345 $26.70 $27.19 $26.51
    11 Mar 2025 $27.01 $-0.89 -3.19% 464,911 $27.45 $27.45 $26.70
    10 Mar 2025 $27.90 $0.10 0.36% 407,026 $27.87 $28.06 $27.61
    07 Mar 2025 $27.80 $-0.68 -2.39% 270,971 $28.19 $28.28 $27.70
    06 Mar 2025 $28.48 $0.08 0.28% 895,943 $28.49 $28.78 $27.96
    05 Mar 2025 $28.40 $-1.46 -4.89% 646,901 $29.23 $29.44 $28.20
    04 Mar 2025 $29.86 $-0.82 -2.67% 561,319 $29.55 $29.96 $29.24
    03 Mar 2025 $30.68 $0.62 2.06% 373,396 $30.06 $31.04 $30.06
    28 Feb 2025 $30.06 $-0.49 -1.60% 502,422 $30.00 $30.24 $29.65
    27 Feb 2025 $30.55 $0.08 0.26% 327,108 $30.71 $31.04 $30.38

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    21 Nov 2024 Matthew (Matt) Heine Sell 1,104,990 $32,044,710
    On-market trade.
    21 Nov 2024 Michael Heine Sell 1,104,990 $32,044,710
    On-market trade.
    16 Oct 2024 Davyd Lewis Sell 17,750 $499,990
    On-market trade.
    14 Oct 2024 Matthew (Matt) Heine Sell 47,790 $1,300,212
    On-market trade.
    11 Oct 2024 Matthew (Matt) Heine Sell 22,132 $597,564
    On-market trade.
    11 Oct 2024 Matthew (Matt) Heine Sell 1,077,868 $29,102,436
    On-market trade.
    11 Oct 2024 Matthew (Matt) Heine Sell 510,671 $14,043,052
    On-market trade.
    11 Oct 2024 Michael Heine Sell 1,100,000 $29,700,000
    On-market trade. As per announcement on 15-10-2024
    03 Sep 2024 Sarah Brennan Buy 2,210 $49,968
    On-market trade.
    22 Aug 2024 Sally Freeman Buy 936 $21,546
    On-market trade.
    19 Aug 2024 Matthew (Matt) Heine Buy 22,132 $505,052
    Cancellation of securities.
    19 Aug 2024 Matthew (Matt) Heine Sell 1,000,000 $22,500,000
    On-market trade.
    19 Aug 2024 Matthew (Matt) Heine Exercise 22,132 $505,052
    Conversion of securities. 71,707 Rights
    15 Aug 2024 Davyd Lewis Sell 22,948 $499,967
    On-market trade.
    14 Aug 2024 Kate Temby Buy 2,000 $41,400
    On-market trade.
    04 Apr 2024 Timothy Antonie Sell 45,000 $913,982
    On-market trade.
    04 Apr 2024 Michael Heine Sell 1,500,000 $29,775,000
    On-market trade.
    04 Apr 2024 Matthew (Matt) Heine Sell 1,500,000 $29,775,000
    On-market trade.
    04 Apr 2024 Davyd Lewis Sell 25,453 $516,955
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Matthew (Matt) Alexander Max Heine Joint Managing Director Jun 2017
    Mr Heine's role and experience in the sales, marketing and strategy field brings a firsthand understanding of the industry and client base. Matthew is a member of the People and Corporate Sustainability Committee.
    Mr Davyd Lewis Non-Executive Director Jun 2017
    Mr Lewis was a partner of Mallesons Stephen Jaques for 20 years until his retirement in 2008. Davyd's role included Partner in Charge of the Melbourne centre, Managing Partner Practice of Mergers & Acquisitions, Property and Construction, Dispute Resolution and Intellectual Property, National Practice Team Leader of the Mergers & Acquisitions Group. Davyd is the Chair of the Compliance and Risk Management Committee and the Remuneration Committee and a member of the Nomination Committee.
    Mr Michael Max Heine Joint Managing Director Jun 2017
    Mr Heine has experience in Australian and European financial markets, including commodity trading, international financing, mortgage lending and property development. Michael was instrumental in the establishment of the Heine Brothers funds management business in 1982 and was its Managing Director from 1982 to 1999 when the company was acquired by ING (then Mercantile Mutual). Michael is a member of NIL Investment Committee, NSS Audit Risk and Compliance Committee and NSS Superannuation Investment Committee.
    Mr Timothy Michael Antonie Non-Executive Director Jun 2017
    Mr Antonie commenced his career at Price Waterhouse (now PwC). He subsequently worked at several investment banks, including at UBS Investment Bank as a Managing Director, where he advised major Australian companies in large scale mergers, acquisitions, sales and restructures and equity transactions and day-to-day equity market facing matters. Timothy is Chair of the Nomination Committee and Member of People and Corporate Sustainability Committee, and the Netwealth Investments Limited (NIL) Investment Committee.
    Ms Sarah Jane Brennan Non-Executive Director Feb 2024
    Ms Brennan was formerly a non-executive director at AMP Superannuation. Sarah founded and was Managing Partner of Comparator Business Benchmarking, a leading provider of benchmarking to Australian financial services market. Sarah was also the founder of The Private Collection Australia and a past Deputy Chair and Director of the Financial Planning Association of Australia. Sarah was appointed as a member of the the NIL Investment Committee, NSS Audit Risk and Compliance Committee and NSS Superannuation Investment Committee from February 2024.
    Ms Sally Margaret Freeman Non-Executive Director Oct 2019
    Mr Freeman was a partner at KPMG for 15 years and her executive career focused on accounting, governance and risk consultancy culminating in a few leadership roles with KPMG: Global Executive- Risk Consulting Services, Australia Managing Partner Risk Consulting, Partner in Charge Board Advisory and Managing Partner Internal Audit. Sally is a member of the Compliance and Risk Management Committee, Remuneration Committee, Nomination Committee, NSS Audit Risk and Compliance Committee and NSS Superannuation Investment Committee.
    Ms Kate Temby Non-Executive Director Feb 2021
    Ms Temby was formerly a Board member of Melbourne Girls Grammar and a Partner at Affirmative Investment Management. Kate has worked in New York and Toronto in her roles as a Managing Director at Goldman Sachs and as a Consultant at Price Waterhouse (now PwC). She is a Managing Director with Metlife Investment Management, a Director of Conscious Investment Management. Kate is the Chair of the People & Corporate Sustainability Committee and NIL Investment Committee. Kate is also a member of the Compliance and Risk Management Committee and the Nomination Committee.
    Jodie Henson Company Secretary Aug 2023
    -
    John Hanrahan Chief Information Officer
    -
    Shanyn Payne Chief People Officer
    -
    Jodie Henson Chief Risk Legal and Governance Officer and Joint Company Secretary
    -
    Jodie Henson Company Secretary
    -
    Damian Holland Executive General Manager - Sales & Distributions
    -
    Amanda Atkinson Executive General Manager -Service Administration & Support
    -
    Alistair Densley Executive General Manager Transformation and Special Projects
    -
    David Sutherland Executive General Manager Investment Operations and Managed Accounts
    -
    Matt West Executive Manager - Product and Marketing
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Heine Brothers Pty Ltd 102,104,990 41.84%
    HSBC Custody Nominees (Australia) Limited 37,107,597 15.21%
    J P Morgan Nominees Australia Pty Limited 23,902,863 9.79%
    Citicorp Nominees Pty Limited 21,586,749 8.85%
    Leslie Max Heine Pty Ltd <ATF The LMH Trust> 14,508,265 5.95%
    Netwealth Investments Limited <Wrap Services A/C> 11,176,320 4.58%
    Australian Foundation Investment Company Limited 3,489,034 1.43%
    National Nominees Limited 3,236,721 1.33%
    BNP Paribas Noms Pty Ltd <DRP> 3,076,585 1.26%
    BNP Paribas Nominees Pty Ltd <Agency Lending DRP A/C> 2,386,799 0.98%
    Netwealth Investments Limited <Super Services A/C> 1,457,621 0.60%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 1,364,924 0.56%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd <DRP A/C> 854,152 0.35%
    Palm Beach Nominees Pty Ltd 645,613 0.26%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 593,705 0.24%
    Mirrabooka Investments Ltd 550,162 0.23%
    Ubs Nominees Pty Ltd 448,400 0.18%
    Amcil Limited 437,200 0.18%
    Asset Plus Pty Ltd <The Headline Investments A/C) 424,573 0.17%
    Neweconomy Com AU Nominees Pty Ltd <900 Account> 421,850 0.17%

    Profile

    since

    Note