In this article, we discuss 10 best feminist stocks to invest in.

Gender parity initiatives at prominent companies that trade on stock markets in the United States have become all too common in the past few years. However, the impact that these initiatives are having on improving the gender pay gap is still debatable. According to data gathered by ExecuShe, a gender data company based in Sweden, women only own only about 1% of total shares in S&P 500 companies, even though they account for nearly 25% of total top executives at these businesses. 

This is despite the fact that many of these firms, including giants like Citigroup Inc. (NYSE:C), General Motor Company (NYSE:GM), and Oracle Corporation (NYSE:ORCL), have women in chief executive roles. According to Andreas Hoepner, a scientific adviser and professor of operational risk, banking, and finance at University College Dublin, this is because a lot of S&P 500 firms are still run by their founders, none of whom are female. Hoepner also added that more women are in minor roles like HR Officers, which pay less than other top leadership jobs. 

These statistics are worrying in light of the fact that top executives at S&P 500 firms were paid a median of $15.8 million in 2021. This represents an increase of more than 26% from 2020, according to a report by corporate leadership data provider Equilar. Some industries, per the report, are better at gender parity than others. These include household and personal products and pharmaceuticals. The energy and semiconductors firms, meanwhile, exhibit the largest gender disparities in the US economy. 

Our Methodology

The prominent companies on the benchmark S&P 500 that are led by women were selected for the list. In order to provide readers with some context for their investment choices, the business fundamentals and analyst ratings for the stocks are also discussed. Data from around 900 elite hedge funds tracked by Insider Monkey in the second quarter of 2022 was used to identify the number of hedge funds that hold stakes in each firm.

Best Feminist Stocks To Invest In

10. Ventas, Inc. (NYSE:VTR)

Number of Hedge Fund Holders: 19 

CEO: Debra A. Cafaro    

Ventas, Inc. (NYSE:VTR) operates at the intersection of two powerful and dynamic industries – healthcare and real estate. It is one of the best feminist stocks to invest in. On October 3, Ventas announced that its management will participate in investor meetings at Mizuho Healthcare REIT Conference 2022.

On October 10, KeyBanc analyst Austin Wurschmidt maintained an Overweight rating on Ventas, Inc. (NYSE:VTR) stock and lowered the price target to $56 from $60, noting that labor challenges remain a headwind for senior housing operators. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm AEW Capital Management is a leading shareholder in Ventas, Inc. (NYSE:VTR), with 2.7 million shares worth more than $140 million. 

Just like Citigroup Inc. (NYSE:C), General Motor Company (NYSE:GM), and Oracle Corporation (NYSE:ORCL), Ventas, Inc. (NYSE:VTR) is one of best feminist stocks to buy now according to hedge funds. 

9. Best Buy Co., Inc. (NYSE:BBY)

Number of Hedge Fund Holders: 26     

CEO: Corie Barry

Best Buy Co., Inc. (NYSE:BBY) retails technology products in the United States and Canada. It is one of the top feminist stocks to invest in. On October 10, Best Buy Co., Inc. (NYSE:BBY) revealed that it is offering holiday discounts and services through the end of December. The company also announced that it is launching its Member Mondays program for members of the Totaltech and My Best Buy membership program. 

On August 31, Truist analyst Scot Ciccarelli maintained a Hold rating on Best Buy Co., Inc. (NYSE:BBY) stock and raised the price target to $69 from $67, noting that the sales environment for the firm remains very challenging after in line Q2 earnings. 

At the end of the second quarter of 2022, 26 hedge funds in the database of Insider Monkey held stakes worth $406.8 million in Best Buy Co., Inc. (NYSE:BBY), compared to 25 the preceding quarter worth $251.5 million.

8. Duke Energy Corporation (NYSE:DUK)

Number of Hedge Fund Holders: 30     

CEO: Lynn J. Good

Duke Energy Corporation (NYSE:DUK) operates as an energy company in the United States. It is one of the elite feminist stocks to invest in. On October 4, Duke Energy revealed its plan to spend $145 billion over next 10 years for critical energy infrastructure. This plan represents an increase of $10 billion from its previous 10-year plan. The company also aims to achieve net zero carbon emission by 2050. 

On October 20, investment advisory KeyBanc maintained an Overweight rating on Duke Energy Corporation (NYSE:DUK) stock and lowered the price target to $108 from $116. Analyst Sophie Karp issued the ratings update. 

7. Tapestry, Inc. (NYSE:TPR)

Number of Hedge Fund Holders: 36  

CEO: Joanne Crevoiserat

Tapestry, Inc. (NYSE:TPR) provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. It is one of the premier feminist stocks to invest in. On September 27, Kate Spade New York and Tapestry aligned with Harlem’s Fashion Row as part of their efforts to further the next generation of diverse creatives. Both companies have made a three-year partnership with Harlem Fashion Row. 

On August 22, Barclays analyst Adrienne Yih maintained an Overweight rating on Tapestry, Inc. (NYSE:TPR) stock and raised the price target to $43 from $39, noting that the company was overcoming currency and China headwinds due to a strong domestic performance. 

At the end of the second quarter of 2022, 36 hedge funds in the database of Insider Monkey held stakes worth $535 million in Tapestry, Inc. (NYSE:TPR), compared to 39 in the preceding quarter worth $605.7 million. 

In its Q3 2021 investor letter, Ariel Investments, an asset management firm, highlighted a few stocks and Tapestry, Inc. (NYSE:TPR) was one of them. Here is what the fund said:

“Luxury accessory and lifestyle brand, Tapestry, Inc. (NYSE:TPR) was the top contributor to performance over the trailing one-year period. Revenue improvement across all three brands with a notable increase in consumer demand, particularly for the Coach business, triple-digit growth in e-commerce, and better than expected pricing, drove margins higher. Looking ahead, we expect Tapestry, Inc. (NYSE:TPR) supply chain and SKU rationalization initiatives to continue to deliver margin expansion. Together, with early signs of improved receptivity for the Kate Spade brand, we believe a significant value creation opportunity lies ahead.”

6. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Number of Hedge Fund Holders: 40     

CEO: Rosalind Brewer

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) operates as a pharmacy-led health and beauty retail company. It is one of the prominent feminist stocks to invest in. On October 16, top executives of Walgreen Boots Alliance stated that the firm was raising its fiscal 2025 sales target for the US healthcare division by 20% to between $1 billion and $2 billion. On October 11, Walgreen Boots Alliance revealed that it is expanding its reach into the growing home care sector and accelerating its plan to acquire CareCentrix. 

On October 19, investment advisory RBC Capital maintained a Sector Perform rating on Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stock and lowered the price target to $36 from $42. Analyst Ben Hendrix issued the ratings update. 

At the end of the second quarter of 2022, 40 hedge funds in the database of Insider Monkey held stakes worth $599 million in Walgreens Boots Alliance, Inc. (NASDAQ:WBA), compared to 38 in the previous quarter worth $737 million.

Along with Citigroup Inc. (NYSE:C), General Motor Company (NYSE:GM), and Oracle Corporation (NYSE:ORCL), Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is one of best feminist stocks to buy now according to hedge funds. 

In its Q1 2022 investor letter, Aristotle Capital Management, an asset management firm, highlighted a few stocks and Walgreens Boots Alliance, Inc. (NASDAQ:WBA) was one of them. Here is what the fund said:

“We first invested in Walgreens Boots Alliance, Inc. (NASDAQ:WBA) in early 2013. Over our holding period, Walgreens merged with U.K.-based Boots Alliance, establishing itself as a global leading retail pharmacy chain. CEO Stefano Pessina set the company on a path of pursuing strategic partnerships (as opposed to vertical integration deals) to increase store traffic and to, over time, transform the business into a neighborhood health destination around a more modern pharmacy. Using its strong FREE cash flow generation, Walgreens Boots Alliance, Inc. (NASDAQ:WBA) ramped up its investments in technology, aiming to accelerate the digitalization of health information. Mr. Pessina was not successful, however, at turning around the firm’s U.S. retail segment and had to deal with increasing prescription drug reimbursement pressures. He stepped down as CEO in 2020, and in 2021, Roz Brewer took the reins of the firm. We admire Ms. Brewer’s impressive track record at companies that include Starbucks (NASDAQ:SBUX) and Walmart (Sam’s Club). However, given management’s decision to divest core cash-generative businesses and redeploy capital to embryonic healthcare startups, we prefer to step aside while we follow Walgreens Boots Alliance, Inc. (NASDAQ:WBA) progress.”

 

5. The Hershey Company (NYSE:HSY)

Number of Hedge Fund Holders: 43    

CEO: Michele Buck

The Hershey Company (NYSE:HSY) engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It is one of the best feminist stocks to invest in. On September 9, The Hershey Company stated that it will spend $90 million to open two new production lines at a Mexican plant in the state of Nuevo Leon. This will increase the output of the company by 25% and will create 300 new jobs.

On July 29, Deutsche Bank analyst Steve Powers maintained a Hold rating on The Hershey Company (NYSE:HSY) stock and raised the price target to $227 from $219, appreciating the recent earnings beat of the firm. 

At the end of the second quarter of 2022, 43 hedge funds in the database of Insider Monkey held stakes worth $1.3 billion in The Hershey Company (NYSE:HSY), compared to 40 in the previous quarter worth $1.4 billion.

4. Match Group, Inc. (NASDAQ:MTCH)

Number of Hedge Fund Holders: 54 

Director and ex-CEO: Shar Dubey

Match Group, Inc. (NASDAQ:MTCH) provides dating products worldwide. It is one of the elite feminist stocks to invest in. On July 13, Match Group said that it has acquired another dating app, The League, a members-only dating app. The financial terms of the deal were not disclosed. 

On October 4, JPMorgan analyst Cory Carpenter maintained an Overweight rating on Match Group, Inc. (NASDAQ:MTCH) stock and lowered the price target to $75 from $90, noting that the visibility around the Tinder turnaround and Japan trends will remain limited in Q3 earnings. 

At the end of the second quarter of 2022, 54 hedge funds in the database of Insider Monkey held stakes worth $847 million in Match Group, Inc. (NASDAQ:MTCH), compared to 55 in the preceding quarter worth $1.9 billion. 

In its Q4 2021 investor letter, Arch Capital Management, an asset management firm, highlighted a few stocks and Match Group, Inc. (NASDAQ:MTCH) was one of them. Here is what the fund said:

“We are long Match Group, Inc. (NASDAQ:MTCH) stock because it is the dominant player in online dating, giving it immense and growing power over the population of single people worldwide. This may seem like a callous way to describe the business, but it is the proper way to look at it from an investment lens.

For those that are unaware, Match Group owns every popular online dating property outside of Bumble, Badoo, and Grindr. Its apps and services include Tinder, Hinge, Match.com. BLK, Chispa, and many others…

In conjunction with this letter, we have published a report on Match Group. You can find it here: https://www.archcapitalfund.com/letters”

3. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 69      

CEO: Safra A. Catz

Oracle Corporation (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide. It is one of the premier feminist stocks to invest in. On September 13, Oracle stated that it is now offering its MySQL HeatWave cloud database services on Amazon’s AWS cloud. Users of AWS will be able to run transaction processing, real time analytics, and machine learning in one service. 

On October 19, Piper Sandler analyst Brent Bracelin upgraded Oracle Corporation (NYSE:ORCL) stock to Neutral from Underweight with a $70 price target, noting the company’s margins and increasing debt burden have largely played out. 

At the end of the second quarter of 2022, 69 hedge funds in the database of Insider Monkey held stakes worth $4.2 billion in Oracle Corporation (NYSE:ORCL), compared to 61 in the previous quarter worth $4.3 billion.

In its Q2 2022 investor letter, First Eagle Investment Management, an asset management firm, highlighted a few stocks and Oracle Corporation (NYSE:ORCL) was one of them. Here is what the fund said:

“Oracle Corporation (NYSE:ORCL) is one of the world’s largest independent enterprise software companies and has been reinventing itself for the cloud-computing environment, a transition pursued primarily through investments in organic research and design and smallish, well-priced acquisitions. That said, Oracle in June closed its largest-ever deal with the acquisition of Cerner, a designer of software to store and analyze medical records and other healthcare data.

Oracle took on additional debt to finance this all-cash acquisition and as a result plans to moderate its stock-buyback program to focus on debt reduction. Despite the weak quarter for the stock, Oracle’s operations remain strong; it reported better- than-expected results for its most recent quarter and issued upbeat guidance for the coming fiscal year.”

2. General Motor Company (NYSE:GM)

Number of Hedge Fund Holders: 75  

CEO: Mary T. Barra

General Motor Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories. It is one of the major feminist stocks to invest in. On October 11, General Motors announced that it is forming a new business unit, GM Energy, to offer solar panels, stationary battery packets, EV chargers, and other energy management products for businesses and homes. The company revealed that GM Energy will include Ultium Home and Ultium Commercial to create an ecosystem of energy management products and services.

On October 5, Morgan Stanley analyst Adam Jonas maintained an Equal Weight rating on General Motor Company (NYSE:GM) stock and lowered the price target to $30 from $42. 

At the end of the second quarter of 2022, 75 hedge funds in the database of Insider Monkey held stakes worth $3.4 billion in General Motor Company (NYSE:GM), compared to 76 in the preceding quarter worth $5.5 billion. 

In its Q1 2022 investor letter, Diamond Hill Capital, an asset management firm, highlighted a few stocks and General Motor Company (NYSE:GM) was one of them. Here is what the fund said:

“General Motor Company (NYSE:GM)—and the auto industry in general—continues to face headwinds related to supply chain disruptions and raw material cost inflation. In addition, uncertainty surrounding global energy markets due to inflation and the conflict in Ukraine has created a greater economic burden on consumers, which tends to slow automotive sales.” 

1. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holders: 82

CEO: Jane Fraser

Citigroup Inc. (NYSE:C) provides various financial products and services to consumers, corporations, governments, and institutions. It is one of the prominent feminist stocks to invest in. On October 15, Citigroup revealed its plan that it is ready to shut down its institutional banking operations in Russia as the president of Russia plans to continue the war in Ukraine. A month ago, Citigroup said it would wind down its consumer and local operations in the country. 

On October 17, BMO Capital analyst James Fotheringham maintained an Outperform rating on Citigroup Inc. (NYSE:C) stock and lowered the price target to $71 from $76, noting that the company reported mixed Q3 results with solid performance across Services, Branded Cards, and Retail Services.

Among the hedge funds being tracked by Insider Monkey, Nebraska-based investment firm Berkshire Hathaway is a leading shareholder in Citigroup Inc. (NYSE:C), with 55 million shares worth more than $2.5 billion.  

In its Q1 2022 investor letter, Diamond Hill Capital, an asset management firm, highlighted a few stocks and Citigroup Inc. (NYSE:C) was one of them. Here is what the fund said:

“Shares of Citigroup Inc. (NYSE:C) declined in the quarter as investors became increasingly negative on capital markets activity. The company is also continuing to divest certain consumer banking geographies which may be dilutive to earnings in the near term.”

You can also take a peek at 10 Best Guru Stocks To Buy Now and Top 10 Health Insurance Stocks to Buy.

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Disclosure. None. 10 Best Feminist Stocks to Invest In is originally published on Insider Monkey.