Oppenheimer Asset Management Inc. increased its stake in Murphy Oil by 24.2%, now holding 166,316 shares valued at $6.86 million. AXA S.A. raised its stake by 86.5%, owning 132,710 shares worth $5.47 million. Hedge funds and institutional investors own 78.31% of the stock, which has a current "Hold" rating with a lowered price target of $38.00 from UBS Group.