I don't think it's in RAW, unless it's in RAW by default.
I went out and took more pictures at different apertures to figure this out and I think get it now. FrankieTDouglas was right it's the maximum aperture that the camera offers, but at the current settings. If I zoom all the way out, it always says f2.7 on max aperture even if I take a photo at f8.0, but if I zoom in or possible change other settings, the max aperture number gets higher.
I went out and took more pictures at different apertures to figure this out and I think get it now. FrankieTDouglas was right it's the maximum aperture that the camera offers, but at the current settings. If I zoom all the way out, it always says f2.7 on max aperture even if I take a photo at f8.0, but if I zoom in or possible change other settings, the max aperture number gets higher.