"Looking Out For You" is a love song about unrequited feelings for someone who is with someone else. The singer feels guilty about their attraction to the person but can't help the way they feel. The song expresses a longing for the person to reciprocate their feelings and to start looking out for them too. The chorus repeats that it's a love song for a girl who will never know it's about her, highlighting the singer's shyness and the unlikelihood of their feelings being acknowledged. The lyrics also mention a winter walk where the two talk about someone else instead of themselves, representing a missed opportunity to express their true feelings. Despite the sadness and lack of hope, the song is a beautiful ode to unrequited love, and the emotions that come with it.