The magnetic dipole moments of the ${cal D}_2$, and ${cal D}_{S_2}$, ${cal B}_2$, and ${cal B}_{S_2}$ heavy tensor mesons are estimated in framework of the light cone QCD sum rules. It is observed that the magnetic dipole moments for the charged meso
ns are larger than that of its neutral counterpart. It is found that the $SU(3)$ flavor symmetry violation is about 10% in both $b$ and $c$ sectors.
Diagonal and transition magnetic moments of the negative parity, spin-1/2 heavy baryons are studied in framework of the light cone QCD sum rules. By constructing the sum rules for different Lorentz structures, the unwanted contributions coming from n
egative (positive) to positive (negative) parity transitions are removed. It is obtained that the magnetic moments of all baryons, except $Lambda_b^0$, $Sigma_c^+$ and $Xi_c^{prime +}$, are quite large. It is also found that the transition magnetic moments between neutral negative parity heavy $Xi_Q^{prime 0}$ and $Xi_Q^0$ baryons are very small. Magnetic moments of the $Sigma_Q to Lambda_Q$ and $ Xi_Q^{prime pm} to Xi_Q^pm$ transitions are quite large and can be measured in further experiments.
The magnetic dipole G_M(Q^2), electric quadrupole G_E(Q^2), and Coulomb quadrupole G_C(Q^2) form factors, describing the spin-3/2 to spin-1/2 electromagnetic transitions, are investigated within the light cone QCD sum rules. The Q^2 dependence of the
se form factors, as well as ratios of electric quadrupole and Coulomb quadrupole form factors to the magnetic dipole form factors are studied. We also compare our results on the magnetic dipole form factor with the prediction of the covariant spectator quark model.