Bring a large pot of salted water to a boil.
Add the ravioli to the boiling water and cook according to package directions.
Meanwhile, melt the butter in a large skillet over medium heat and let cook until it begins to brown slightly, then add the walnuts and cook until the nuts are toasted, about 2 minutes.
Add the sage and continue to cook an additional minute.
Increase the heat to medium-high, ladle in about 1 cup of cooking water from the pasta and bring to a boil.
Cook until reduced by about half, 5-7 minutes.
Reserve another 1/2 cup pasta water then drain the ravioli.
Add the ravioli to the skillet and toss to coat, adding the reserved water as needed.
Divide the ravioli among plates, sprinkle each serving generously with the Kraft grated Parmesan, then sprinkle shaved or shredded Parmesan cheese on the top and drizzle with the balsamic glaze. Serve immediately!