NEW YORK (

TheStreet

) --

Donaldson Company

(NYSE:

DCI

) hit a new 52-week high Monday as it is currently trading at $73.17, above its previous 52-week high of $73.03 with 202,662 shares traded as of 2:15 p.m. ET. Average volume has been 299,300 shares over the past 30 days.

Donaldson has a market cap of $5.27 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 5.2% year to date as of the close of trading on Friday.

Donaldson Company, Inc. engages in the manufacture and sale of filtration systems and replacement parts worldwide. The company operates in two segments, Engine Products and Industrial Products. The company has a P/E ratio of 22.9, below the average industrial industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Donaldson as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full

Donaldson Ratings Report

.

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