diff --git a/recipes/gtsam/all/conandata.yml b/recipes/gtsam/all/conandata.yml
index 1612a37c7aa97..65a33ee134c24 100644
--- a/recipes/gtsam/all/conandata.yml
+++ b/recipes/gtsam/all/conandata.yml
@@ -1,4 +1,7 @@
 sources:
+  "4.1.1":
+    url: "https://github.com/borglab/gtsam/archive/4.1.1.tar.gz"
+    sha256: "c7b5e6cdad52b141c272778f47baf628975457be3e26ed96a7bc2ae685a00af0"
   "4.0.3":
     url: "https://github.com/borglab/gtsam/archive/4.0.3.tar.gz"
     sha256: "eaa561749edf7a2d402981828253e28aed6c717dae35738301c5ab23e2595f25"
@@ -6,6 +9,11 @@ sources:
     url: "https://github.com/borglab/gtsam/archive/4.0.2.tar.gz"
     sha256: "8770a440f1af98c3f0d9d4dffd568de2d4c21b245e7231e987e26bc236aeb5aa"
 patches:
+  "4.1.1":
+    - patch_file: "patches/0001-conan-4.1.1.patch"
+      base_path: "source_subfolder"
+    - patch_file: "patches/0002-macos-rpath-4.1.1.patch"
+      base_path: "source_subfolder"
   "4.0.3":
     - patch_file: "patches/0001-conan-4.0.3.patch"
       base_path: "source_subfolder"
diff --git a/recipes/gtsam/all/conanfile.py b/recipes/gtsam/all/conanfile.py
index 5ec6b807c74ad..09dde9bc58be5 100644
--- a/recipes/gtsam/all/conanfile.py
+++ b/recipes/gtsam/all/conanfile.py
@@ -1,4 +1,4 @@
-from conan.tools.microsoft import msvc_runtime_flag
+from conan.tools.microsoft import msvc_runtime_flag, is_msvc
 from conans import ConanFile, tools, CMake
 from conans.errors import ConanInvalidConfiguration
 import os
@@ -77,10 +77,6 @@ def _source_subfolder(self):
     def _build_subfolder(self):
         return "build_subfolder"
 
-    @property
-    def _is_msvc(self):
-        return str(self.settings.compiler) in ["Visual Studio", "msvc"]
-
     def export_sources(self):
         self.copy("CMakeLists.txt")
         for patch in self.conan_data.get("patches", {}).get(self.version, []):
@@ -118,9 +114,13 @@ def validate(self):
         if self.options.with_TBB and not self.options["onetbb"].tbbmalloc:
             raise ConanInvalidConfiguration("gtsam with tbb requires onetbb:tbbmalloc=True")
 
-        if self.settings.compiler == "Visual Studio" and tools.Version(self.settings.compiler.version) < 15:
+        if is_msvc(self) and tools.Version(self.settings.compiler.version) < 15:
             raise ConanInvalidConfiguration ("GTSAM requires MSVC >= 15")
 
+        if is_msvc(self) and tools.Version(self.version) >= '4.1' \
+                and self.options.shared:
+            raise ConanInvalidConfiguration("GTSAM does not support shared builds on MSVC. see https://github.com/borglab/gtsam/issues/1087")
+
     def source(self):
         tools.get(**self.conan_data["sources"][self.version],
                   destination=self._source_subfolder, strip_root=True)
@@ -128,7 +128,7 @@ def source(self):
     def _patch_sources(self):
         for patch in self.conan_data.get("patches", {}).get(self.version, []):
             tools.patch(**patch)
-        if self._is_msvc:
+        if is_msvc(self):
             tools.replace_in_file(os.path.join(self._source_subfolder, "cmake", "GtsamBuildTypes.cmake"),
                                   "/MD ",
                                   "/{} ".format(msvc_runtime_flag(self)))
@@ -217,7 +217,7 @@ def _module_file_rel_path(self):
     def package_info(self):
         self.cpp_info.set_property("cmake_file_name", "GTSAM")
 
-        prefix = "lib" if self._is_msvc and not self.options.shared else ""
+        prefix = "lib" if is_msvc(self) and not self.options.shared else ""
 
         self.cpp_info.components["libgtsam"].set_property("cmake_target_name", "gtsam")
         self.cpp_info.components["libgtsam"].libs = ["{}gtsam".format(prefix)]
diff --git a/recipes/gtsam/all/patches/0001-conan-4.1.1.patch b/recipes/gtsam/all/patches/0001-conan-4.1.1.patch
new file mode 100644
index 0000000000000..ccc216be860c8
--- /dev/null
+++ b/recipes/gtsam/all/patches/0001-conan-4.1.1.patch
@@ -0,0 +1,27 @@
+diff --git a/cmake/HandleBoost.cmake b/cmake/HandleBoost.cmake
+--- a/cmake/HandleBoost.cmake
++++ b/cmake/HandleBoost.cmake
+@@ -25,13 +25,7 @@ endif()
+ set(BOOST_FIND_MINIMUM_VERSION 1.65)
+ set(BOOST_FIND_MINIMUM_COMPONENTS serialization system filesystem thread program_options date_time timer chrono regex)
+ 
+-find_package(Boost ${BOOST_FIND_MINIMUM_VERSION} COMPONENTS ${BOOST_FIND_MINIMUM_COMPONENTS})
+-
+-# Required components
+-if(NOT Boost_SERIALIZATION_LIBRARY OR NOT Boost_SYSTEM_LIBRARY OR NOT Boost_FILESYSTEM_LIBRARY OR
+-    NOT Boost_THREAD_LIBRARY OR NOT Boost_DATE_TIME_LIBRARY)
+-  message(FATAL_ERROR "Missing required Boost components >= v1.65, please install/upgrade Boost or configure your search paths.")
+-endif()
++find_package(Boost ${BOOST_FIND_MINIMUM_VERSION} COMPONENTS ${BOOST_FIND_MINIMUM_COMPONENTS} REQUIRED)
+ 
+ option(GTSAM_DISABLE_NEW_TIMERS "Disables using Boost.chrono for timing" OFF)
+ # Allow for not using the timer libraries on boost < 1.48 (GTSAM timing code falls back to old timer library)
+@@ -47,7 +41,7 @@ if (GTSAM_DISABLE_NEW_TIMERS)
+     message("WARNING:  GTSAM timing instrumentation manually disabled")
+     list_append_cache(GTSAM_COMPILE_DEFINITIONS_PUBLIC DGTSAM_DISABLE_NEW_TIMERS)
+ else()
+-    if(Boost_TIMER_LIBRARY)
++    if(TARGET Boost::timer)
+       list(APPEND GTSAM_BOOST_LIBRARIES Boost::timer Boost::chrono)
+     else()
+       list(APPEND GTSAM_BOOST_LIBRARIES rt) # When using the header-only boost timer library, need -lrt
diff --git a/recipes/gtsam/all/patches/0002-macos-rpath-4.1.1.patch b/recipes/gtsam/all/patches/0002-macos-rpath-4.1.1.patch
new file mode 100644
index 0000000000000..84336aaee8564
--- /dev/null
+++ b/recipes/gtsam/all/patches/0002-macos-rpath-4.1.1.patch
@@ -0,0 +1,27 @@
+diff --git a/CMakeLists.txt b/CMakeLists.txt
+--- a/CMakeLists.txt
++++ b/CMakeLists.txt
+@@ -4,7 +4,6 @@ cmake_minimum_required(VERSION 3.0)
+ # new feature to Cmake Version > 2.8.12
+ # Mac ONLY. Define Relative Path on Mac OS
+ if(NOT DEFINED CMAKE_MACOSX_RPATH)
+-  set(CMAKE_MACOSX_RPATH 0)
+ endif()
+ 
+ # Set the version number for the library
+diff --git a/gtsam/3rdparty/metis/libmetis/CMakeLists.txt b/gtsam/3rdparty/metis/libmetis/CMakeLists.txt
+--- a/gtsam/3rdparty/metis/libmetis/CMakeLists.txt
++++ b/gtsam/3rdparty/metis/libmetis/CMakeLists.txt
+@@ -16,12 +16,6 @@ if(WIN32)
+ 			RUNTIME_OUTPUT_DIRECTORY "${PROJECT_BINARY_DIR}/../../../bin")
+ endif()
+ 
+-if (APPLE)
+-		set_target_properties(metis-gtsam PROPERTIES
+-			INSTALL_NAME_DIR
+-			"${CMAKE_INSTALL_PREFIX}/lib")
+- endif()
+-
+ install(TARGETS metis-gtsam EXPORT GTSAM-exports
+   LIBRARY DESTINATION ${CMAKE_INSTALL_LIBDIR}
+   ARCHIVE DESTINATION ${CMAKE_INSTALL_LIBDIR}
diff --git a/recipes/gtsam/config.yml b/recipes/gtsam/config.yml
index d9e49f7cf409c..6f380a83ebb14 100644
--- a/recipes/gtsam/config.yml
+++ b/recipes/gtsam/config.yml
@@ -1,4 +1,6 @@
 versions:
+  "4.1.1":
+    folder: all
   "4.0.3":
     folder: all
   "4.0.2":