Motley Fool Australia
  •  

    Notifications

    Scott

    Wondering where you should invest $1,000 right now?

    Scott Phillips just released his 5 best stocks to buy right now and you could grab the names of these stocks instantly!

    Learn More
  • Log Out
  • Menu
  1. Stocks
    2. /
  2. Netwealth Group Ltd (ASX: NWL)
    3. /

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

Price

$30.23

Movement

1.22 (-3.88%)

As at 15 May - Closed (20 mins delayed)

52 Week Range

$19.69 - $33.40

 
1 Year Return

+53.53%

Netwealth Group Ltd Chart and Price Data

2025
2025
2025
2025
$20
$30
$40
$20
$30
$40
$20
$30
$40
$20
$30
$40

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $7.40 billion
P/E Ratio 73.52
Dividend Yield 1.03%
Shares Outstanding 244.93 million
Earnings per share 0.415
Dividend per share 0.35
Year To Date Return 6.73%
Earnings Yield 1.36%
Franking 100%
Earnings Yield

1.36%

Franking

100%

Dividend per share

0.35

Year To Date Return

6.73%

Shares Outstanding

244.93 million

Earnings per share

0.415

Share Price

$30.23

Day Change

1.22 (-3.88%)

52 Week Range

$19.69 - $33.40

Yesterday's Close

$31.45

Today's Open

$31.87

Days Range

$30.23 - $31.87

Volume

455,000

Avg. Volume (1 month)

483,076

Turnover

$13,873,733

As at 15 May - Closed

Netwealth Group Ltd (ASX: NWL)
Latest News

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Share Gainers

Why Coronado, Insignia, Netwealth, and Praemium shares are pushing higher today

| James Mickleboro

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

Read more »

Three happy office workers cheer as they read about good financial news on a laptop.
Earnings Results

Netwealth share price lifts on 2nd quarter of 'record performance'

| Zach Bristow

The funds keep on flowing for Netwealth.

Read more »

A young woman slumped in her chair while looking at her laptop.
Share Market News

Here are the top 10 ASX 200 shares today

| Sebastian Bowen

Investors pulled back today after a strong week thus far.

Read more »

Three happy multi-ethnic business colleagues discuss investment or finance possibilities in an office.
Broker Notes

ASX financial shares are up 33% this year. Brokers reveal which stocks to buy for 2025

| Bronwyn Allen

After such a stellar run, are there any good buys left among ASX financial shares?

Read more »

Hands reaching high for a trophy with a sunset in the background.
Share Gainers

Here are the top 10 ASX 200 shares today

| Sebastian Bowen

It was another day and another record high for ASX shares.

Read more »

Shot of a young businesswoman looking stressed out while working in an office.
Share Fallers

Why Findi, GQG, Netwealth, and Northern Star shares are tumbling today

| James Mickleboro

Let's see why these shares are starting the week in the red.

Read more »

Man slipping over on banana skin
Financial Shares

Up 100% in a year, why is this ASX 200 stock slipping on Monday?

| Bernd Struben

This top performing ASX 200 company is sputtering today.

Read more »

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 »

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
15th May 2025 2025-05-15T17:52:32 Change in substantial holding for ARCYesNo5:52pm4342k
2nd May 2025 2025-05-02T10:51:21 ASX Disclosure pursuant to ASIC Deed PollYesNo10:51am469k
14th Apr 2025 2025-04-14T17:53:31 Change of Registry Address NotificationYesNo5:53pm2273k
10th Apr 2025 2025-04-10T08:33:34 March 2025 Quarterly Business UpdateYesNo8:33am6223k
4th Apr 2025 2025-04-04T15:39:01 Notification of cessation of securities - NWLYesNo3:39pm413k
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

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
14 May 2025 $31.45 $0.94 3.08% 707,205 $30.68 $31.76 $30.47
13 May 2025 $30.51 $1.49 5.13% 563,002 $29.87 $30.77 $29.80
12 May 2025 $29.02 $-0.01 -0.03% 228,261 $29.01 $29.02 $28.44
09 May 2025 $29.03 $0.53 1.86% 313,546 $28.62 $29.30 $28.50
08 May 2025 $28.50 $-0.19 -0.66% 429,522 $28.87 $28.96 $28.35
07 May 2025 $28.69 $0.35 1.24% 964,738 $28.40 $28.82 $28.24
06 May 2025 $28.34 $0.54 1.94% 263,647 $28.10 $28.45 $27.84
05 May 2025 $27.80 $-0.59 -2.08% 358,901 $28.58 $28.91 $27.80
02 May 2025 $28.39 $0.33 1.18% 412,542 $28.07 $28.64 $27.97
01 May 2025 $28.06 $0.04 0.14% 541,595 $28.00 $28.50 $27.85
30 Apr 2025 $28.02 $0.48 1.74% 666,101 $27.60 $28.12 $27.40
29 Apr 2025 $27.54 $0.95 3.57% 379,620 $26.49 $27.64 $26.47
28 Apr 2025 $26.59 $0.19 0.72% 362,430 $26.60 $27.15 $26.45
24 Apr 2025 $26.40 $-0.14 -0.53% 250,284 $26.56 $26.90 $26.39
23 Apr 2025 $26.54 $1.11 4.36% 386,571 $26.24 $26.74 $26.08
22 Apr 2025 $25.43 $-0.40 -1.55% 514,794 $25.21 $25.66 $25.00
17 Apr 2025 $25.83 $0.59 2.34% 682,443 $25.21 $25.96 $25.21
16 Apr 2025 $25.24 $-0.35 -1.37% 448,724 $25.54 $25.70 $25.24
15 Apr 2025 $25.59 $-0.15 -0.58% 704,518 $25.81 $26.10 $25.59

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 Michael Heine Sell 1,100,000 $29,700,000
On-market trade. As per announcement on 15-10-2024
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.
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 Exercise 22,132 $505,052
Conversion of securities. 71,707 Rights
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.
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.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Matthew (Matt) Alexander Max Heine Chief Executive OfficerJoint 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 Non-Executive 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 ChairmanNon-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