Uneven settlement of transmission tower foundations can result in catastrophic events, such as tower collapse and line failures, disrupting power transmission operations. To address the challenging repairs caused by uneven foundation settlement of transmission towers, we propose an adjustable foundation bolt (AFB). This paper provides a detailed theoretical analysis of the AFB’s stability and load-bearing capacity, including critical buckling force formulas and maximum normal stress expressions. Finite element simulations confirm the precision of our theoretical formulations. Additionally, we introduce a method using baffles to enhance its load-bearing capacity, analyzing the impact of different numbers of baffles through numerical simulations. The experimental results validate the effectiveness of baffles in enhancing structural load-bearing capacity. The device brings convenience and efficiency to the maintenance of transmission towers.