Schwartz Investment Counsel Inc. Has $3.57 Million Stake in Karooooo Ltd. $KARO

Posted by on May 13th, 2026

Schwartz Investment Counsel Inc. grew its position in Karooooo Ltd. (NASDAQ:KARO – Free Report) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,365 shares of the company’s stock after acquiring an additional 14,600 shares during the period. Schwartz Investment Counsel Inc. owned about 0.25% of Karooooo worth $3,566,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in shares of Karooooo by 159.4% in the third quarter. Jones Financial Companies Lllp now owns 804 shares of the company’s stock valued at $46,000 after purchasing an additional 494 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its stake in shares of Karooooo by 260.0% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 900 shares of the company’s stock worth $51,000 after buying an additional 650 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Karooooo during the 2nd quarter worth about $156,000. New York State Common Retirement Fund boosted its holdings in shares of Karooooo by 465.6% during the 2nd quarter. New York State Common Retirement Fund now owns 3,258 shares of the company’s stock worth $160,000 after buying an additional 2,682 shares during the period. Finally, State of Tennessee Department of Treasury acquired a new position in Karooooo in the 2nd quarter valued at about $214,000.

Karooooo Trading Down 0.4%

Shares of Karooooo stock opened at $48.43 on Wednesday. The firm’s 50 day moving average is $48.91 and its 200 day moving average is $47.20. The firm has a market capitalization of $1.50 billion, a PE ratio of 26.18 and a beta of 0.92. Karooooo Ltd. has a 1 year low of $41.25 and a 1 year high of $63.36. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.06.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KARO. Wall Street Zen upgraded Karooooo from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Roth Mkm assumed coverage on Karooooo in a research note on Tuesday, February 17th. They issued a “buy” rating and a $62.00 price target for the company. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Karooooo in a research report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Karooooo currently has a consensus rating of “Moderate Buy” and an average target price of $59.00.

View Our Latest Research Report on KARO

Karooooo Company Profile

(Free Report)

Karooooo Ltd is a global provider of telematics software-as-a-service solutions for vehicle and fleet management. Through its flagship platform, the company delivers real-time GPS tracking, stolen vehicle recovery and driver behaviour analytics, enabling commercial fleets and automotive insurers to optimise operations, increase safety and reduce costs.

Karooooo’s SaaS platform integrates proprietary hardware devices with cloud-based analytics and mobile applications. Customers gain access to live vehicle location data, engine diagnostics, route planning tools and customizable reporting dashboards.

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Institutional Ownership by Quarter for Karooooo (NASDAQ:KARO)

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