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NEW YORK ( TheStreet) -- Donaldson Company (NYSE: DCI) hit a new 52-week high Monday as it is currently trading at $63.10, above its previous 52-week high of $63.04 with 36,482 shares traded as of 10:13 a.m. ET. Average volume has been 344,600 shares over the past 30 days. Donaldson has a market cap of $4.5 billion and is part of the industrial goods sector and industrial industry. Shares are up 6.2% 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 20.9, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.