This study provides a comprehensive analytical investigation of the bound and unbound motion of magnetized particles orbiting a Schwarzschild black hole immersed in an external asymptotically uniform magnetic field, which includes all conceivable types of bounded and unbounded orbits. In particular, for planetary orbits, we perform a comparative analysis of our findings with the observed position of the S2 star carrying magnetic dipole moment around Sagittarius A*. We found maximum and minimum values for the parameter of magnetic interaction between the magnetic dipole of the star and the external magnetic field, as well as the energy and angular momentum of the S2 star. As a result, we obtain estimations of the magnetic dipole of the star in the order of 106 G·cm3. Additionally, we explore deflecting trajectories akin to gravitational Rutherford scattering. In obtaining the solutions for the orbital equations, we articulate the elliptic integrals and Jacobi elliptic functions, and illustrative figures and simulations augment our study. Published by the American Physical Society 2024