
What smart money is saying about Novanta Inc.
4 funds in our archive have pitched Novanta Inc., most recently Argent Capital Management Focused Small Cap Strategy in September 2026.
Operating globally, Novanta Inc. and its affiliated companies specialize in the development, production, and distribution of advanced photonics, vision, and precision motion components and sub-assemblies. These highly engineered solutions are supplied to Original Equipment Manufacturers (OEMs) across the medical and industrial sectors. Within its Photonics division, Novanta provides a suite of laser-driven technologies. These encompass systems for laser scanning, beam manipulation, and various laser types such as CO2, solid-state, ultrafast, and optical light engines. Their applications span critical areas like industrial manufacturing, precision measurement (metrology), advanced imaging in healthcare and biological research, DNA sequencing, and specialized medical laser treatments. The Vision segment delivers an array of medical-grade innovations. This portfolio comprises instruments like medical insufflators, pumps, and their associated consumables, alongside comprehensive visualization tools. It also features wireless communication systems, video recording devices, and integration platforms designed for operating theaters. Further offerings include optical data acquisition, machine vision systems, radio frequency identification (RFID) solutions, thermal recording devices, spectrometry equipment, and integrated touchscreen displays. Furthermore, the Precision Motion division specializes in supplying components such as optical and inductive encoders, high-precision motors, servo drives, and complete motion control systems. This segment also delivers integrated stepper motors, sophisticated robotic end-effectors, air bearings, and air bearing spindles. Novanta distributes its extensive product lines through various channels, including its dedicated direct sales team, value-added resellers, distribution partners, and system integrators. These offerings are available under well-known brand names such as Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind. Founded in 1968, the company operated as GSI Group, Inc. until its rebranding to Novanta Inc. in May 2016. Its corporate headquarters are located in Bedford, Massachusetts.
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Position history
Between Q2 2025 and Q3 2026, 7 fund letters reported a position in Novanta Inc., with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 0 | 1 |
| Q2 2026 | 3 | 0 | 0 | 0 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 1 | 0 | 0 | 1 |
| Q2 2025 | 1 | 1 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 7 positions · 1 move
- HoldsBaron Discovery FundSeptember 2026
Listed in Baron Discovery Fund’s reported holdings.
Novanta Inc. - September 2026
“TOP 10 HOLDINGS (%)* Silicon Motion Technology Corp. 3.02 Ligand Pharmaceuticals, Inc. 3.02 MYR Group, Inc. 2.84 WisdomTree, Inc. 2.74 Semtech Corp. 2.43 JBT Marel Corp. 2.34 ESCO Technologies, Inc. 2.32 Onto Innovation, Inc. 2.14 SiTime Corp. 2.10 Novanta, Inc. 2.06 Top 10 Holdings Total 25.01”
Novanta Inc. - HoldsBaron Small Cap FundJune 2026
“Of our IT holdings, Cognex Corporation continues to surge as new management turns around the business, and Novanta Inc. rose due to an improved growth outlook and the announcement of a large attractive acquisition.”
Novanta Inc. - June 2026
“Of our IT holdings, Cognex Corporation continues to surge as new management turns around the business, and Novanta Inc. rose due to an improved growth outlook and the announcement of a large attractive acquisition.”
Novanta Inc. “4. Novanta, Inc. (NOVT) NOVT provides precision technology solutions for medical and advanced industrial applications.”
Novanta Inc.- HoldsConestogaSeptember 2025
“2. Novanta, Inc. (NOVT): NOVT supplies photonics, vision, and precision-motion subsystems to med-tech and advanced industrial OEMs.”
Novanta Inc. - New positionBrown Advisory US Smaller Companies FundJune 2025
“ Novanta Inc. (NOVT) is a diversified industrial company serving above average growth end markets, including semiconductors, life sciences and robotics. We have been tracking the business over the last several years and the recent sell-off finally provided an attractive entry point.”
Novanta Inc.
Fund coverage · 4 theses
- Argent Capital Management Focused Small Cap StrategySeptember 2026
Novanta Inc. supplies precision technologies to industrial and medical OEMs, supported by AI automation and medical growth drivers.
Read the full thesis - Aristotle Small Mid Cap EquityDecember 2025
Novanta is a photonics and precision motion supplier with abating headwinds and new design wins expected to drive above-average growth and margin improvement.
Read the full thesis - Baron Small Cap FundSeptember 2025
Novanta Inc. is a high-quality technology-oriented industrial company specializing in proprietary solutions for medical and advanced industrial manufacturers, poised for growth through innovative products and strong financials.
Read the full thesis Novanta Inc. is a diversified industrial company with strong growth potential in recovering end markets, offering an attractive entry point post sell-off and favorable risk/reward dynamics.
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