Netwealth Group Limited (ASX: NWL) - Share Price
Current share price for NWL : $23.350 0.14 (0.60%)+
Netwealth Group Limited (NWL), an ASX-listed company, is a financial services company listed on the Australian Securities Exchange and was created with an entrepreneurial spirit to challenge the conventions of Australia's financial services. They are a technology company, a superannuation fund trustee and an administration business. Company offers services like investor directed portfolio services, fund management, non custodial administration and reporting services.
NWL General Information +
| ASX Code | NWL |
| Website | N/A |
| Industry/Sector | Asset Management & Custody Banks |
| Market Cap ($M) | 5,754 |
| NWL Share Price | $23.450 |
| Day High | $23.750 |
| Day Low | $23.100 |
| Last Close | $23.490 |
| NWL Share Price Movement | $0.04 ( 0.17% ) |
Prices as at 13:55, 9 Jul 2026
+Security prices are delayed by at least 20 minutes and are indicative only.
Netwealth Group Limited (NWL) Upcoming Dividends & Yields
| Distribution Type | Dividend | Franking | Ex-dividend date | Payment date | Current Price+ | Price 7D Avg | Dividend Yield |
|---|---|---|---|---|---|---|---|
| Result | 21¢ | 100% | 4 Mar 2026 | 26 Mar 2026 | - | - | - |
| HFResult | 21¢ | 100% | 3 Sep 2025 | 25 Sep 2025 | - | - | - |
| Result | 17.5¢ | 100% | 5 Mar 2025 | 27 Mar 2025 | - | - | - |
See all dividends from Netwealth Group Limited (NWL) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.
Netwealth Group Limited (NWL) price-sensitive announcements
NWL - Morgan Stanley Platform Agreement and Market Update
Netwealth Group Limited has entered into an agreement with Morgan Stanley Wealth Managemen
Netwealth Group Limited (NWL)
7 Jul 2026 | 8:26 AM
7 Jul 2026 | 8:26 AM
NWL - March 2026 Quarterly Business Update
Netwealth Group Limited reported strong performance in its March 2026 Quarterly Business U
Netwealth Group Limited (NWL)
16 Apr 2026 | 8:24 AM
16 Apr 2026 | 8:24 AM
NWL - S&P DJI Announces March 2026 Quarterly Rebalance
S&P Dow Jones Indices announced the March 2026 quarterly rebalance of the S&P/ASX Indices,
Netwealth Group Limited (NWL)
6 Mar 2026 | 5:05 PM
6 Mar 2026 | 5:05 PM
NWL - 1H26 Results Presentation
Netwealth Group Limited reported strong financial performance in its 1H26 results presenta
Netwealth Group Limited (NWL)
18 Feb 2026 | 8:20 AM
18 Feb 2026 | 8:20 AM
Netwealth Group Limited (NWL) Recent ASX Announcements
NWL Financial Summary
| Year to Jun | NPAT | EPS | EPS chg (%) | PER | DPS | Yield (%) | Franking (%) |
|---|---|---|---|---|---|---|---|
| 2026F | $136.24 | $55.83 | 24.20% | 55.51 | 47.51 | 1.53% | 100.0% |
| 2025F | $109.68 | $44.94 | 19.50% | 68.96 | 38.25 | 1.23% | 100.0% |
| 2024A | $91.77 | $37.61 | 36.70% | 45.02 | 32.00 | 1.89% | 100.0% |
NWL Peer Comparison
| Company | Mkt Cap | EPS Growth (%) | P/E (%) | Dividend Yield (%) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 A | 2025 F | 2026 F | 2024 A | 2025 F | 2026 F | 2024 A | 2025 F | 2026 F | ||
| GQG Partners Inc. (GQG) | $4,260M | -0.0055 | 0.0249 | -0.0614 | 6.0862 | 5.9381 | 6.3269 | 15.24% | 12.41% | 10.53% |
| L1 Group Limited (L1G) | $3,170M | -0.8601 | 2.9358 | 0.2634 | 113.3028 | 28.7879 | 22.7860 | 17.41% | 2.99% | 4.34% |
| Magellan Financial Group Limited (MFG) | $3,093M | -0.0822 | -0.2158 | 0.0222 | 11.2879 | 14.3947 | 14.0821 | 6.93% | 5.56% | 5.68% |
| Netwealth Group Limited (NWL) | $5,995M | 0.3930 | 0.1093 | 0.1450 | 51.4316 | 46.3655 | 40.4939 | 1.58% | 1.76% | 2.00% |
| Pinnacle Investment Management Group Limited (PNI) | $4,302M | 0.3714 | 0.0644 | 0.3874 | 28.6058 | 26.8744 | 19.3706 | 3.36% | 3.49% | 4.66% |
NWL Directors
| Name | Position | Start Date |
|---|---|---|
| Mr Matthew (Matt) Alexander Max Heine | Chief Executive Officer, Joint Managing Director | 30 Jun 2017 |
| Mr Davyd Lewis | Non-Executive Director | 30 Jun 2017 |
| Mr Michael Max Heine | Non-Executive Director | 30 Jun 2017 |
| Ms Sarah Jane Brennan | Non-Executive Director | 28 Feb 2024 |
| Ms Sally Margaret Freeman | Non-Executive Director | 10 Oct 2019 |
| Ms Kate Temby | Non-Executive Director | 1 Feb 2021 |
| Mr Michael Howard Wachtel | Non-Executive Director, Non-Executive Chairman | 3 Jun 2025 |
Netwealth Group Limited (NWL) Changes in Directors' Interest & Trades
| Date of change | Director | Buy/Sell | Security Type | Qty | Trade Price | Value |
|---|---|---|---|---|---|---|
| 15 Sep 2025 | HEINE, Matthew (Matt) | Exercise | Options | 153,232 | $11.561 | $1,771,496.000 |
| 15 Sep 2025 | HEINE, Matthew (Matt) | Buy | Indirect Shares | 153,232 | $11.561 | $1,771,496.000 |
| 2 Sep 2025 | BRENNAN, Sarah | Buy | Indirect Shares | 3,080 | $32.383 | $99,739.160 |
See all changes in directors' interest & trades for Netwealth Group Limited (NWL) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.
NWL Management
| Name | Position |
|---|---|
| Hayden Stockdale | Chief Financial Officer |
| John Hanrahan | Chief Information Officer |
| Shanyn Payne | Chief People Officer |
| Jodie Henson | Company Secretary |
| Matt West | Executive General Manager Product and Marketing |
| Damian Holland | Executive General Manager Sales and Distributions |
| Amanda Atkinson | Executive General Manager Service, Administration and Support |
| David Sutherland | Executive General Manager, Investment Operations and Managed Accounts |
| Lindsay Coates | Executive General Manager, Private Wealth and Banking |
NWL Substantial Shareholders
Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Netwealth Group Limited (NWL). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.
| Holding | Name |
|---|---|
| 116,648,341 (47.60%) | Matthew Alexander Max Heine |
| 113,495,015 (46.32%) | Nicholas St Clair Max Heine |
| 113,448,265 (46.30%) | Heine Brothers Pty Ltd |
| 113,448,265 (46.30%) | Michael Max Heine |
| 13,733,743 (5.60%) | Leslie Max Heine Pty Ltd |
NWL Calendar of Events
| Date | Event |
|---|---|
| 17 February 2027 | Report (Interim) |
| 20 August 2026 | Report (Annual) |
| 20 August 2026 | Report (Prelim) |
DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.
Data shown on this website is sourced by Morningstar
© Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate,
complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892)
and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and,
if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest.
No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser.
Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.
What our members say about us
Proudly
We're here to help
Call 1300 880 160
Start a chat
Schedule a call
